Established in 1994, Hengli Group is an international enterprise that focuses on the full production chain in oil refining, petrochemical, polyester new materials and textiles. The Group, with 120,000 employees, currently has one of the world’s largest PTA plants, one of the world’s largest functional fiber production bases as well as weaving enterprises, and has also built an “Enterprise Technology Center” in China. In terms of corporate competitiveness and product brand value, Hengli Group has set records and ranks amongst the top in the industry internationally.
Hengli Group’s total revenue in 2021 was RMB 732.3 billion (USD $116 billion) and ranked 67th in Fortune Global 500, 21st in Top 500 Chinese Enterprises, 3rd in China's Private Enterprises, and 6th in the Top 500 Manufacturing Enterprises in China. The accolades accorded by the State Council to Hengli Group include the "National Science and Technology Progress Award" and the "National Advanced Employment Enterprise". Hengli Group was also recognised as the “Environmentally friendly Enterprise in China’s Chemical Fiber Industry”, “Advanced Group of the National Textiles Industry”, “Key High-tech Enterprise under the National Torch Program”, “Exemplary Enterprise in National Intellectual Property Rights”, and “Advanced Unit in Establishing National Corporate Culture”. Many of Hengli’s products have won the “China Well-known Trademark” and “National Customer Satisfaction Products” titles.
Hengli Group currently owns three publicly listed companies, i.e. Hengli Petrochemical Co., Ltd., (“Hengli Petrochemical Co., Ltd.” Stock Code: 600346.SH), Guangdong Songfa Ceramics Co., Ltd. ("Songfa INC." Stock Code: 603268.SH) and Suzhou Wujiang Tongli Lake Co., Ltd. (“Tongli Tourism” Stock Code: 834199.OC), over 20 entities. It had built production bases in Suzhou, Dalian, Suqian, Nantong, Yingkou, Luzhou, Yulin, Huizhou and Guiyang.
Hengli Group adheres to the development of the entire industrial chain in crude oil, aromatics, ethylene, Purified Terephthalic Acid (PTA), ethylene glycol, polyester (PET), textile yarn and industrial yarn, engineering plastics, BOPET films and textiles. In the refining sector, Hengli‘s 20 million tons per year refining and chemical integration project is a major project listed in the documents of the State Council of the People’s Republic of China. It is also a strategic project in the revitalisation of Northeast China. Hengli moves with the times and has set a benchmark in the petrochemical industry, with its high engineering construction speed, full process start-up speed, and industry record production speed. This can be accredited to its high-level strategic planning, quality planning and construction, and efficient management.
In the petrochemical sector, Hengli (Dalian Changxing Island) Industrial Park is one of the largest and most advanced PTA production bases with an annual production capacity of up to 12 million tons. The project was completed and put into operation with high standard, strict requirements and at a fast pace, which has set several records in the industry internationally. In the polyester new materials sector, Hengli Group has the world’s leading technology and equipment with an annual polymerization capacity of 6 million tons. As part of the vertical extension of the Group's industrial chain, Hengli Textile owns more than 40,000 sets of production equipment with a production capacity of over 4 billion meters per year. Its production bases are in Suzhou and Suqian in Jiangsu, Luzhou in Sichuan, Guiyang in Guizhou and other places.
Hengli Group solidly implements its two major projects in branding and marketing strategies; its Research & Development capability is also at the forefront of the nation’s textile industry. The Group proactively expands its high-end market domestically and globally, constantly innovates and improves its core competitive ability. In establishing the Hengli International Research and Development Center and Hengli Industry-Academia Research Base, Hengli Group engages top-notch experts from Germany, Japan and Taiwan to form an international Research and Development team, carrying out research and development of high-end differentiated products for the Group. To date, Hengli Group had undertaken more than 60 major science and technology projects at the national and provincial levels and for industry associations. The independently developed key technology of polyester fiber had won the "National Science and Technology Progress Award".
In its expansion and development, Hengli Group proactively creates a friendly and motivational environment for staff’s progress and advancement. At the same time, it also plays its part in corporate social responsibility by actively supporting charities and helping the disadvantaged in the society. Since its establishment, it had donated more than RMB 1 billion to support the less privileged.
Hengli Group values environmental protection and has achieved significant results in energy saving and emission reduction. It has obtained the ISO environmental management system certification as well as the European green environmental protection certification. The Group has also taken the lead in implementing the water reuse project in the industry and had built the first national level green factory.
“Establishing a World-class Enterprise,Creating Internationally Renowned Brands” - Hengli Group will continue to develop and diversify its production chain to contribute to the nation's industry.