Hunan Jinhua Technology Group, formerly known as Hengyang Jinhua Technology Co., Ltd. and with a registered capital of 116 million Yuan, was founded in 1995 and became a group company in 2015. Our head office covers a floor space of over 130,000 square meters in the beautiful High-tech Development Area in Hengyang and now has a total workforce of more than 500. Established in 1995, our parent company - Hunan Jinhua Technology Group Co., Ltd. is a leading enterprise that integrates the research, production, sale and service of lubricant for water-based graphite mandril that is applied to the production of steel tube (rolled steel) and MPM plant. Our company, under the chairman’s leadership, exercises the general manager responsibility system and has set up a provincial enterprise technology R&D center composed of some of the first experts entitled to the special allowance of the State Council, professors, senior engineers and engineers.
The Group has eight subsidiaries, including Jinhua High Pressure Vessel Co., Ltd. (the largest in mid-South China), Jinhua Properties Co., Ltd., Shunyi Property Management Co., Ltd., Jinhua Zhengyu Media Co., Ltd., Jintai Safety Production Test & Inspection Co., Ltd., Xianghe Energy Co., Ltd., Wuxi Huayu Lubricant Co., Ltd., Jingjiang Jinyu Pipes Co., Ltd. as well as four subsidiaries in northeast, southwest of China and East China and North China.
The main products of the head office extend to cover MPM plant JXR-2000 lubricant for water-based graphite mandril lubricant series, JXY-2004 borax antioxidant, powder graphite lubricant, phosphating solution series, cold-drawing lubricant, special welding flux cleaning agent, etc. The JXR-2000 lubricant for water-based graphite mandril lubricant out of our independent research and development in 2000 has been listed in the national and provincial Torch Program after passing the appraisal for scientific and technological achievements of provincial and departmental level and has been playing a leading role among Chinese business peers. With overall performance outperforming the advanced level of similar products at home and abroad, this type of product has replaced imported ones at present and takes up a market share of 60% in China. Not only have been supplied to large steel tube enterprises, such as Hengyang Valin Steel Tube, Valin-Xigang Special Steel, Ansteel, Pancheng Steel, Shanghai Baosteel, Yantai Baosteel, Jiangyin Xicheng, WSP and Liaoyang WSP for a long time, these products have been exported to India, Thailand, Korea, Russia, Kazakhstan and other countries in Asia and Europe. Our powder graphite lubricant has been supplied to the large and medium-sized steel enterprises in Zhejiang, Anhui, Jiangsu, Hebei, Jilin, Jiangxi, Shandong and other provinces. On the strength of superior product quality and excellent field service, we have won the users’ full trust, got the better of the foreign branches of super-large Chinese enterprises in the early stage and won the support of the project entitled transforming the industrial and technological achievements into capital of the Ministry of Finance of China.
In 2004, our company was rated as high-tech enterprise for the sixth time by the Department of Science and Technology of Hunan, the Finance Department of Hunan, Hunan Provincial Office, SAT, and the local taxation bureau of Hunan. We also won the excellent technology award of Hunan and the first prize of the Science and Technology Progress Award respectively. In 2004, our company was rated as “trustworthy enterprise” by Hunan Provincial Banking Association. In 2006, we were rated as “AAA credit enterprise” by Hunan Organizing Committee for Evaluation of Corporate Credit. In 2008, our company was rated as national excellent enterprise in petroleum and chemical engineering. We had been rated as taxpayer with good faith by the province and city for many a time and had been successively rated as “one of the 100 private enterprises with reliable quality of the province” for many times. We were also rated as “excellent enterprise” in Hengyang and “one of the top 50 private enterprises” for many years. From 2009 to 2011, we were rated such honorary titles as “excellent private enterprise of China”, “brand product of Hunan”, “famous trademark of Hunan”, “enterprise technical center of Hunan”, and “enterprise technical center of Hengyang”. Our chairman - Mr. Peng Qi was elected “excellent private entrepreneur in the petroleum and chemical engineering” of 2006 and 2008. From 2008 to 2013, he was successively awarded many a honorary title, such as “excellent private entrepreneur of China”, “the 1stexcellent award for the excellent businessmen in Hunan”, “excellent non-public economy entrepreneur of Hunan”, “the first expert academician award in Hengyang”, “excellent entrepreneur in Hengyang”, “the 3rd constructor for socialism with Chinese characteristics”, and “excellent member of the Communist Party in non-public enterprise of Hengyang”.
Adhering to the business concept of “quality first, reputation foremost”, our company vigorously carries forward the corporate spirit of “pursuit of high end, latest trend and precision and adhering to sincerity and good faith” and persists in people foremost. By implementing the strategy of sustainable development in an all-round way, we shall keep opening up and making innovations in the hope of contributing more to the development of the national industry.