Hengli Petrochemical Co Ltd. Stock Analysis 600346.SS

Hengli Petrochemical Co., Ltd. is engaged in the manufacture and sale of rubber and plastic machines and related components. The company is headquartered in Dalian, Liaoning and currently employs 37,368 full-time employees. The company went IPO on 2001-08-20. The firm is mainly engaged in the production, research and development and sales of petroleum refining, petrochemical, p-xylene (PX), acetic acid, purified terephthalic acid (PTA), ethylene glycol, polyester chips, civilian polyester filament, industrial polyester filament, polyester film, engineering plastics, promising biodegradable polymers (PBS/PBAT) biodegradable new materials. Its products are used in textile, medicine, automobile industry, environmental protection and new energy, electronics and electrical, photovoltaic industry, optical equipment and other fields. The firm mainly sells its products in the domestic market.