With an increase of 1.5 billion in holdings, Hengli Petrochemical, the leader of China's private enterprises, has launched a powerful and large-scale holdings increase plan; bringing a clear value signal to the recently sluggish securities market. This shows that China's top private enterprises still have unhesitating judgment and confidence in the future of China's economy and the value of the securities market.
On the evening of October 20, Hengli Petrochemical issued the "Announcement on the Plan to Increase Shareholdings of Actual Controllers, Controlling Shareholders and Persons Acting in Concert". The announcement stated that Hengli Petrochemical received a notice on October 20, 2022 that the company’s actual controller and controlling shareholder Hengli Group and its concerted parties increased their holdings of the company’s shares through centralized bidding transactions, and the increase price was not higher than 25.00 RMB/share, and the scale of increase in holdings shall not exceed RMB 1.5 billion.
Hengli Petrochemical’s shareholding increase plan can be described as a very large move rarely seen in the market recently. It aroused great attention from investors as soon as it was released; under the background of the macroeconomic and international environment, upstream oil prices Due to the sharp increase in international factors and the sharp increase in operating pressure in the industry, the actual controller of the company still spent such a large amount of real money to increase its shareholdings. This is entirely based on Chen Jianhua and Fan Hongwei's firm confidence in the future development prospects of the listed company, as well as Hengli Petrochemical's long-term Full recognition of growth value.
As a leading domestic platform-based new chemical materials company, Hengli Petrochemical started from the polyester fiber industry, solved bottlenecks in the industry one by one, and continued to develop differentiated fibers, functional films, high-end green plastics, and new products. Energy new materials and other chemical new material industries; at the same time, it is moving towards an integrated platform of upstream petrochemical, refining and coal chemical, and has a systematic industrial pattern with both large chemical industry platform and new material extension.
In 2021, the company will launch construction projects including an annual output of 800,000 tons of functional polyester films and functional plastics, a 450,000-ton PBS biodegradable plastic project, and a 1.5 million-ton green multi-functional new textile material project. , 300,000 tons of adipic acid new chemical material supporting project and 1.6 billion square meters of lithium battery diaphragm project. In 2022, the company will once again increase investment and construction of major projects including an annual output of 1.6 million tons of high-performance resin and new material projects, a 2.6 million tons of high-performance polyester project, a 600,000-ton BDO project, and a 100,000-ton succinic acid project. At the same time, the company's major projects such as the second phase of the fine chemical park project and the second phase of the lithium battery separator project are also accelerating the pace of planning demonstration and approval. After Hengli Petrochemical's large-scale projects under construction are put into operation, the listed company will increase profits by tens of billions, highlighting its high performance growth and accelerating its transformation into a world-class platform-based new chemical materials R&D and manufacturing enterprise.
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