The Development Course of Huafeng Group

In 2009, the project agreement of11500 million yuan was settled in the industrial base near Damengang, which was a new breakthrough in industrial strategy.

On September 5, 2009, Huafeng Group and Wenzhou Municipal Government signed a cooperation framework agreement for nylon 66 project with a total investment of11500 million yuan, and settled in the port industrial base of Wenzhou coastal industrial belt. Huafeng nylon 66 project is a new breakthrough based on the past development of Huafeng Group. This is another historic move of Huafeng Group to consolidate the industrial base and optimize the industrial structure, which is of great significance to the sustainable development of Huafeng Group.

In 2009, 250,000 tons of polyurethane leather resin project was put into production, consolidating its leading position in the industry.

165438+1October 18, Huafeng invested 65438+300 million yuan per year150,000 tons of polyurethane leather resin reconstruction and expansion project, and construction is about to start. Three days later,165438+1October 2 1, Huafeng laid the foundation stone for an annual output of 65438+10,000 tons of polyurethane leather resin in Linhai, Taizhou. With the recent commissioning of two projects, the enterprise will further realize product diversification, structural rationalization and large-scale production, and at the same time improve the technical level and overall strength of the enterprise. By then, Huafeng's polyurethane resin production capacity will rank among the top in the global industry. In 2008, Chengdu Polyurethane Base was established to expand the central and western regions.

On April 14, 2008, the annual output of 20,000 tons of polyurethane sole stock solution project of Huafeng Group Chengdu Company, which took more than one year to build and invested about 50 million yuan, was completed and put into production. Investing in Chengdu Huafeng Company is an important strategic measure to optimize the industrial layout according to the requirements of Huafeng Group's "Eleventh Five-Year" industrial development plan, and it is also an important step for Huafeng to participate in and integrate into the western development strategy.

On August 8, 2008, the production bases of Shanghai Huafeng Aluminum Co., Ltd. and Shanghai Huafeng Puen Polyurethane Co., Ltd., located in Shanghai Jinshan Industrial Zone, held a grand groundbreaking ceremony, which became the key projects against the market in Shanghai. The two projects cover an area of 350 mu with a total investment of 654.38 billion yuan. With the implementation of these new projects, the horizontal expansion of the industrial chain will be further promoted, and Huafeng's strength in the field of polyurethane products will be further strengthened.

In 2008, Huafeng Microfinance Company was grandly opened to test the financial industry.

On1October 29th, 2008, 165438+ Rui 'an Huafeng Microfinance Co., Ltd. officially started operation. The actual available funds are 300 million yuan, including 200 million yuan of registered capital and 654.38 billion yuan of bank financing. The establishment of Huafeng Microfinance Company will promote the combination of Huafeng's product management and capital management, further expand and improve the industrial structure of the enterprise, and effectively support Huafeng's leap-forward sustainable development. The listing of spandex in 2006 achieved a breakthrough of "zero" in domestic listing of Wenzhou private enterprises.

At 9:30 am on August 23rd, 2006, with the ringing of the "opening bell" of Shenzhen Stock Exchange, "Huafeng Spandex" was officially listed as a domestic stock of Wenzhou private enterprises. The successful listing of Huafeng spandex is not only an active capital management strategy, but also a prudent property right reform strategy for Huafeng Group to transition to a modern enterprise system. In 2003, a world-class polyurethane industrial base will be built, and the largest polyurethane shoe leather resin production enterprise in the world will be built.

August 16, 2003 is a historic moment in the history of Huafeng. On this day, Huafeng Industrial Park, which covers an area of 678 mu and has a planned total investment of 2.5 billion yuan, officially broke ground, which is not only a key measure to realize the evergreen foundation of Huafeng Group, but also related to the overall improvement of Wenzhou's regional economy. Huafeng Industrial Park was put into operation in 2005. At that time, the output value of Huafeng Group's Wenzhou headquarters was 3 billion, which reached 3.8 billion in 2006 and exceeded 5 billion in 2007! Danis, president of BASF Global Polyurethane Company, the world chemical giant, said after visiting Huafeng Industrial Park, "This is a world-class factory". On February 22, 2004, the intermediate workshop of Huafeng Industrial Park was put into production. This indicates that Huafeng has taken a big step in industrial upgrading and won a staged victory in the grand process of building a world-class polyurethane manufacturing base. In 2002, it produced superfine fiber synthetic leather and advanced to Shanghai.

On June 5438- 10, 2002, Huafeng entered the Yangtze River Delta with unlimited business opportunities, and established Huafeng Group Shanghai Co., Ltd. in Shanghai Jinshan Industrial Zone near Hangzhou Bay to build the largest manufacturing base of superfine fiber synthetic leather in China. From being on the banks of Oujiang River, where merchants gather, to advancing into the Yangtze River Delta with unlimited business opportunities, Huafeng Group's cross-regional operation has taken another substantial and key step. On August 6, 2003, the superfine fiber synthetic leather was successfully tested and put into production in mid-September. 1999 entered the spandex industry and staged a miracle in the history of spandex.

From 65438 to 0999, when the domestic spandex industry was still in its infancy, You Xiaoping was far-sighted and thought that investing in spandex would have broad development prospects. In the year of 65438+February, Zhejiang Huafeng Spandex Co., Ltd., the most advanced spandex industrial base in China with an investment of/kloc-0.6 billion yuan, rose rapidly in southern Zhejiang. At that time, it was predicted that it would take two to three years to complete. Results Huafeng only took 8 months, which Japanese experts called "a miracle in the history of spandex". After technological innovation and capacity expansion, it has developed into the largest spandex producer in China and the third in the world. 1997 resin production and product structure optimization for polyurethane leather.

After the first successful industrial transformation, in order to further optimize the product structure, 1997, you Xiaoping aimed at the business opportunities when most of the main raw materials in Wenzhou leather industry were imported, and invested more than 20 million yuan to build a leather polyurethane production line with an annual output of 20,000 tons, with a total sales of more than 300 million yuan that year. The successful implementation of this project not only optimized Huafeng's product structure and increased the profit source, but also further enhanced Huafeng's overall position in the polyurethane industry, laying a more solid foundation for becoming a leading enterprise in polyurethane products. 1994 produces polyurethane resin for shoes and realizes industrial transformation.

During the period of 1994, the demand for polyurethane as a raw material for making high-grade soles increased greatly, but most of them were imported, resulting in high shoe prices. It took 8 months to build a 3,000-ton polyurethane sole stock solution production line at a cost of more than 20 million yuan, and began to enter the polymer material industry with the most development potential in the world today. The successful commissioning, production and sales of this project completely changed the development track of Huafeng, and successfully transformed Huafeng from a small enterprise that originally produced traditional plastic products to a high-tech enterprise that produced polyurethane polymer materials. 199 1- 1994 set up the 11th plastic factory in Ruian, and started the road of entrepreneurship.

199 1 year, the 11th plastic factory in Rui 'an produced red and blue plastic woven bags, which were engaged in simple plastic products processing. It was a typical Wenzhou model of "big commodity market" and the predecessor of Huafeng Group. In just four years, the company's output value reached 20 million yuan, which was a great achievement at that time and also completed the original accumulation of capital for Huafeng's subsequent development.