Sichuan Chemical Works Group.,Ltd.

Sichuan Chemical Works Group.,Ltd. (SCWG for short) is a super-large scale state-owned chemical complex specializing in the production of chemical fertilizers and raw materials. Founded in 1956, it was named Sichuan Chemical Plant. Sichuan Chemical Plant was renamed Sichuan Chemical Works in 1984. Sichuan Chemical Works was appraised as a super-large scale enterprise in 1992. The Group Company was established in 1994. It was renamed Sichuan Chemical Works Group Ltd. in 1996. Sichuan Chemical Company Ltd. was established exclusively launching by Sichuan Chemical Works Group Ltd. in 1997. 130,000,000 A shares of Sichuan Chemical Company Ltd. floated on Shenzhen Stock Exchange in 2000. Stock equity divide reform was completed smoothly in 2006. In the same year, to pursue the strategy spirit of strengthening Sichuan province by industry, cultivate large enterprise and industrial cluster, and make chemical leading enterprise in Sichuan, several chemical enterprises in Sichuan province such as Sichuan Chemical Works Group Ltd. and Sichuan Lutianhua Group were integrated to set up Sichuan Chemical Industry Holding (Group) Co., Ltd. Sichuan Chemical Company Ltd. became its subsidiary.

In the sixty-year development history, SCWG has made outstanding contribution to Chinese chemical industry: The first China-made medium-scale nitrogenous fertilizer plant in China was on stream in 1959; The first imported large-scale fertilizer plant in China was on stream in 1976; The first imported large-scale melamine plant in China was on stream in 1984; The first China-made large-scale ammonia plant in China was on stream in 1990.

Sichuan Energy Industry Investment Group Co., Ltd. and Sichuan Chemical Industry Holding (Group) Co., Ltd. signed trusteeship agreement with reference to SCWG in March, 2015. Henceforth, under the guidance of State-owned Assets Supervision & Administration Commission of Sichuan Provincial Government, leading by Sichuan Energy Industry Investment Group Co., Ltd. and with the active cooperation of Sichuan Chemical Industry Holding (Group) Co., Ltd., SCWG commences transformation and upgrading. A series of activities in terms of enlivening the economy and getting rid of poverty, restructure, building energy base and supporting logistics project, establishing strategy newly-developing industrial park have been done. At present, auxiliary business integration and restructure has achieved partial results and the development of SCWG presents good state.

In the future, under the leadership and support of Sichuan Energy Industry Investment Group Company Limited, SCWG will give full play to its own superiority, activate stock assets, adhere to reform and innovation, and overcome difficulties in order to realize the target of getting rid of poverty, transformation and upgrading.