Shandong Century Sunshine Technology Co., Ltd was registered on March 24, 2014 with a registered capital of CNY 152 million yuan and a total investment of CNY 1.56 billion. Controlled by Shandong Sunshine Pigment Co., Ltd and shared by natural persons, our company is a joint-stock enterprise specializing in the research and development, manufacture and sale of coal chemical products, dyes, high fastness high-weather-fastness organic pigments, chemical intermediates, high pure pharmaceutical intermediates, auxiliaries, environment-friendly water-based inks and coating. Our company is located in Jiaxiang County of Shandong Province; situated in Jiaxiang Economic and Technological Development Zone Jining Biological Industrial Park, our company covers an area of 500mu (one mu=667sqm); we mainly use tar naphthalene downstream products as raw materials to produce naphthalene series of organic pigments and intermediates products. Relying on the rich coal resources in Jining: there are a number of local coal coking enterprises in Jining, there are Rongxin coal, Jinwei coal power, Minsheng coal chem, international coking chem, Chenxing carbon,Chenguang carbon and other large-coking enterprises; naphthalene si the by-product of their, so we enjoy adequate supply; Shandong Century Sunshine Technology Co., Ltd produces eight product lines, including refined naphthalene, 2-naphthol, 2-hydroxy-3- naphthoic acid, naphthol AS series, high fastness high -weather-fastness organic pigments, High pure pharmaceutical intermediates, environment-friendly water-based inks and new technology auxiliaries. By using coal tarification and tar processing industry around Jining, we hope to build coal chemical naphthalene industry chain. In April 2016, refined naphthalene and 2-naphthol plants have been put into production. The factory of 10,000/a of 2-hydroxy-3-naphthoic acid has been completed and will have conditions of fully production in the second half year of 2017, and the trial production will start in 2018. Naphthalene-based organic pigment project has been fully put into operation by the end of December 2017, with the estimated output of 15,000 tons; The project of 240,000 t/a of sulfuric acid will be completed in the second half year of 2017; our hazardous waste disposal center project has been put into use; with a total investment of CNY 300 million, the heating project (70 tons/hour in the first phase) of Jining bio-industrial park and project of waste water treatment project (capacity of 30,000 tons/day) will be fully put into operation in April 2016; the second phase of thermoelectricity and hydropower project is under preparation now, and will be put into function soon.
During the period of 13th Five-Year Plan, we will be able to produce over 20,000 tons of high grade pigments, 10,000 tons of pharmaceutical intermediates and 60,000 tons of pigment intermediates after all projects are finished; then, we will be able to sell CNY 3.2 billion of products and get CNY 540 million of profits and taxes per year. In next five years, we will become one of biggest three enterprises of this industry in China, and our share in international market will also be significantly increased. In line with the principle of economic security, we are going to use advanced and mature production technology, scientific and rigorous management mode and big investments in technology, safety and environmental protection to achieve good economic and social benefits.
Under the supports of Shandong Coal Chemical Engineering Technology Research Center and municipal-level enterprise technology center, our company has assumed many national, provincial and municipal major technical projects such as "construction of coal tar naphthalene product base", etc.
Our Group sold CNY 1.5 billion of products in 2017; we estimate that our sales revenue will reach CNY 2.0 billion in 2018.