China Pingmei Shenma Holding Group Co., Ltd. (referred to as China Pingmei Shenma Group) was formed by the reorganization of two top 500 Chinese companies, the former Pingmei Group and the former Shenma Group. The former Pingmei Group is a key project of the country’s “First Five-Year Plan” One of the first large-scale state-owned coal bases in New China that was independently explored, designed and constructed. It is known as the "Central Plains Coal Bunker"; the former Shenma Group was among the first batch of nine key construction projects introduced by the country at the beginning of reform and opening up. One of the projects was that it was the only modern enterprise in China that introduced a complete set of advanced equipment and technologies from Japan to produce nylon 66 industrial yarn and dipped cord fabric, ending my country's long-term dependence on imports of high-quality tire frame materials.
In recent years, the group has completely, accurately and comprehensively implemented the new development concept of "innovation, coordination, green, openness and sharing", firmly taking safety and green as the premise, firmly focusing on quality and efficiency, firmly taking reform and innovation as the driving force, and firmly focusing on the main business. Strengthening as the support, firmly relying on all employees, firmly taking party building as the guarantee, gradually forming multiple characteristic industrial chains with coal and salt as the source, and developing into a large state-owned group operating across regions, industries, and ownership systems , its subsidiaries are located in 8 prefecture-level cities in Henan Province, 13 provinces (autonomous regions, municipalities directly under the Central Government) across the country, as well as in the United States, Japan, Germany and other countries and regions. Its total assets exceed 240 billion yuan. It owns Pingmei Co., Ltd., Shenma Co., Ltd. There are 4 listed companies, Yicheng New Energy and Silane Technology, and 6 specialized and new enterprises listed on the New Third Board. Our products are exported to more than 30 countries and regions on five continents, and we have established strategic cooperative relationships with more than 40 Fortune 500 companies and multinational groups. It is listed on the 2022 China's Top 50 Carbon Neutrality Contributors list, ranking 39th and becoming the only company in Henan Province on the list. Ranked 198th among the top 500 Chinese corporate charities in 2022.
China Pingmei Shenma Group vigorously promotes the enterprise spirit of "loyalty to the cause and pursuit of better", deeply implements the core concept of "enterprise development, employee sharing", and advocates that "happiness is achieved through hard work, quality and efficiency are achieved through hard work, and wages are achieved through hard work." The value concept of "earned by labor" drives the group to continue to become stronger, better, bigger and longer, and accelerate the construction of a world-class enterprise. At the same time, we have the courage to assume social responsibilities and are committed to the harmonious development of enterprises and society for a long time. We take on major responsibilities and take the road in poverty alleviation, environmental protection, emergency rescue and disaster relief, and employment expansion, so as to drive the economy of one place and serve the people of the other.
Innovation leads the way and the future is promising. China Pingmei Shenma Group will be guided by Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, thoroughly study and implement the spirit of the 20th National Congress of the Communist Party of China, take materials and new energy enterprises as its coordinates, take "capital + industry" as its wings, and take green and low-cost Characterized by carbon, we will vigorously develop emerging future industries such as nylon and silicon carbon materials and new energy sources from coal and salt, and strive to achieve main business income of 240 billion yuan, industrial output value of 200 billion yuan, and total profits and taxes of over 30 billion yuan by 2030. Yuan, enjoys high core competitiveness, social visibility and business credibility in the world, and accelerates the establishment of a first-class "materials" and "energy" enterprise leading in green innovation.