Yichang mingqi
Yihua Group Yihua Group is one of the top ten most influential representative enterprises in China petrochemical industry. There are more than 40 corporate enterprises, including 2 listed companies (Hubei Yihua and Shuanghuan Technology) and 5 Sino-foreign joint ventures. Yihua Group has total assets of 40 billion yuan and more than 50,000 employees. In 2009, the sales revenue reached 30.5 billion yuan, and the export earned 200 million dollars, ranking around 180 among the top 500 Chinese enterprises. It is estimated that the sales revenue will exceed 20 10. Xingfa Group Hubei Xingfa Chemical Group Co., Ltd. has 24 holding subsidiaries with total assets of 4.2 billion yuan. The company was listed on the Shanghai Stock Exchange on 1999 with the stock code of 600 14 1, with a total share capital of 365.48 million shares. The company is the largest producer of fine phosphate in China and the largest producer of sodium hexametaphosphate in the world. Three Gorges Quantong Yichang Three Gorges Quantong Color Coated Board Co., Ltd. (referred to as Yichang Three Gorges Quantong) is a large-scale private joint-stock enterprise mainly producing ultra-thin galvanized sheets and color coated sheets. The company is located in Yichang Economic Development Zone, Xiaoting District, Yichang City, Hubei Province, covering an area of 2.425 million square meters. Construction started on February 28th, 2009. The first phase of the project has an investment of 7.5 billion yuan, and it is planned to be put into operation in May 20 10, with an annual output of 3.2 million tons. Finally, the overall goal of an annual output of 5 million tons will be achieved.