Shandong Yanggu Huatai Chemical Co., Ltd. released the 2017 annual report on April 3, on which it revealed that Yanggu Huatai achieved the operating revenue of 1.638 Billion Yuan in 2017, increasing by 32.09% year-on-year (the same below), the total profits of 249 Million Yuan, increasing by 29.55%, and the retained profit attributable to shareholders of the listed company of 204 Million Yuan, increasing by 29.83%. The company planned to achieve operating revenue of 2 Billion Yuan and total profits of 350 Million Yuan in 2018.

In 2017, the development of key projects of this company made smooth progress. For example, new vulcanizing agent DTDC, a substitute of poisonous and harmful vulcanizing agent DTDM, has already been sold to important tire clients in Europe, America and China with good feedback, and is being further promoted and certified in market. While products, such as new vulcanizing accelerator TBZTD that is synthesized by the hydrogen peroxide method, multi-functional cross-linking agent SR970 that can enhance the anti-reversion property of rubber materials, rubber vulcanizing accelerator TiBTD that does not produce nitrosamine and new adhesion promoter HMMM, are under the stage of market promotion. The construction for industrial production line of new adhesive resin has been completed and the products have been sold to tire clients at home and abroad, receiving good reputation. 

(Si Xianchao)