Jiangsu Qunfa Chemical Co., Ltd. is a state-held enterprise transferred from former Yangzhou Organic Chemical Plant by changing the entire running system, a national-level large-sized designated enterprise in making rubber reinforcement materials by former Ministry of Chemical Industry, as well as a high & new technological enterprise of Jiangsu Province. Main products—dipped nylon-6 cord fabric has an annual production capacity of 30,000 tons, and dipped high modulus low shrinkage (HMLS) polyester cord fabric 2,000 tons each year, both of which rank among

the toppest places in the industry in China in terms of quantity and quality. The products are mainly supplied to almost each domestic key tyre manufactories, joint-venture as well as foreign solely-funded enterprises, moreover, well sold to the markets in Southeast Asia, Middle East, Europe, and America, etc., enjoying high reputation both in China and abroad.

The company has now over 2,330 workers and staff members, among whom the middle and high administrative are 59, and technicians in various specialties 361. It occupies an area of 190,000 sqm., of which 152,000 sqm. is for production using. The company now boasts the total assets 546,394,500 yuan, and achieved total productive value of 546 million yuan, sales income 490 million yuan, profits and taxes 42,667,500 yuan, and export delivery value 14,350,000 yuan respectively in 2000. It’s appraised as AA grade credit enterprise by Jiangsu Branch of Industrial & Commercial Bank of China.

The company possesses now 5 subsidiary productive plant, 3 wholly-owned enterprises, 4 enterprises with major shares held, and 5 auxiliary factories, which totally forms a diversified group involving nylon-6 cord fabric, polyester cord fabric, fine chemicals, machinery manufacturing, as well as powered materials, etc..

Situated at the northeast suburb of Yangzhou City, Jiangsu Province, the company neighbors the ancient canal on the north, sees Beijing-Hangzhou Grand Canal on the east one kilometer away, nears Nanjing-Nantong Expressway and Beijing-Shang Expressway, and connects Yangzhou Port on the south, resulting in a very convenient transportation. The company is at the middle part of the flourishing industrial belt along the Yangtse River of Jiangsu Province, where are located many world-grade large-sized chemical industrial parks from the west in Nanjing till the east in Shanghai, which can supply all kinds of chemical industrial resources from raw materials to end products, bringing about a raw material rich market as well as superior geographic location to the company.

 

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