In 2023, the Company invested in the construction of an integrated propylene value chain project utilizing new materials for Nanjing Chengzhi Yongqing Energy Science and Technology Co.，Ltd., with an estimated total investment of RMB 1.05 billion. Additionally, it invested in the construction of a multi-functional workshop and API workshop project for Jiangxi Chengzhi Bioengineering Co.，Ltd., with an estimated total investment of RMB 350 million. BR
In August 2023, Qingdao Chengzhi Huaqing New Materials Co., Ltd. finalized a complete set of POE technology processes with a capacity of 2*100,000t/a. BR
In March 2023, Nanjing Chengzhi Clean Energy Co., Ltd. was honored with the designation of “‘Chain Leader’ Enterprise for C1 Industry Chain Party Building Alliance of Jiangbei New Area”. BR
In May 2022, Beijing Chengzhi Yonghua Display Technology Co., Ltd. completed the shareholding system reformation and changed its name to Beijing Chengzhi Yonghua Technology Co., Ltd.BR
In March 2022, Qingdao Chengzhi Huaqing New Material Co., Ltd. was established.
In 2020, the Company successfully completed the resale and interest payment of the non-publicly issued bonds "17 Chengzhi Bond" and "18 Chengzhi Bond".
On Nov. 14, 2019, CHENGZHI successfully completed the work related to share repurchase. In the manner of centralized competitive bidding, CHENGZHI repurchased 37,774,384 shares on a cumulative basis, which account for 3.015% of its total share capital, and paid a total amount of RMB509,934,851.64 (excluding transaction cost).BR
On Nov. 1st, 2019, CHENGZHI invested RMB338 million in acquiring shares and increasing capital of Yunnan Hanmeng Pharmaceuticals Co., Ltd. (“Chengzhi Hanmeng”), and became the controlling shareholder of Chengzhi Hanmeng, which is of strategic importance for CHENGZHI to enter the industrial hemp industry.BR
On Jun. 26, 2019, CHENGZHI’s “600,000t/year MTO project” came into operation, representing that the project formally entered the stage of trial production.
On November 21, 2018, the Company released the Announcement on Repurchasing Some Social Public Shares of the Company, planning to repurchase some social public shares valued RMB0.45- 0.9 billion with the funds owned and raised by the Company itself. By the end of 2018, the Company has accumulatively repurchased 25,870,951 shares, accounting for 2.06% of the current shares of the Company.
The company was approved by Shenzhen Stock Exchange for the first non-public offering of the corporate bonds with the face value of no more than 2 billion yuan in August 2017, and completed the subscription and raising of the first issue of the bonds for 1 billion yuan in November 2017.
In December 2016, Chengzhi Shareholding Co., Ltd. successfully completed a substantial asset restructuring program with the financing amount of 12.392 billion RMB.
In September 2014, the company made non-public offering of 90,651,230 new shares to 4 specific investors, i.e. Tsinghua Holdings Co Ltd, Chongqing Haohai Investment Co. Ltd., Shanghai Henglan Investment Management Partnership Enterprise (limited partnership), and Fuguo-Chengzhi Aggregate Asset Management Company. After then, the total capital stock of the company was changed from 297,032,414 shares to 387,683,644 shares.
In 2010~2012 years, the company further optimized its industrial structure, carried out rational integration of resources, and established an offshore bio-energy companies to strengthen and expand its presence in the life science and technology industry. As of November 30, 2012, the company has a total capital stock of 297,032,400 shares, among them, Tsinghua Holding Co Ltd held 119,139,700 shares, accounting for 40.11% of the total shares of the company.
In May 2009, the company issued 270,449,14 shares to Tsinghua Holdings Co Ltd. and Shijiazhuang Yongsheng Group Co., Ltd. (formerly named Shijiazhuang Yongsheng Industrial Corporation). The registered capital after the change of the company was 297,032,414 RMB, among them, Tsinghua Holding Co Ltd held the equity of 111,581,860 shares, accounting for 37.57% of the total capital stock of the company.
In May 2008, the company issued 28,000,000 A shares to six institutional investors including Tsinghua Holding Co Ltd., and the registered capital after the change of the company was 269,987,500 RMB. Tsinghua Holding Co Ltd held the equity of 102,386,589 shares, accounting for 37.92% of the total capital stock of the company.
In April 2007, the former second major shareholder of the company transferred 40,228,095 shares of the company to the largest shareholder, Tsinghua Holdings Co Ltd. After the transaction, Tsinghua Holding Co Ltd held the equity of 94,386,589 shares, accounting for 39% of the total capital stock of the company.
In April 2006, according to the shares held by all shareholders registered on the date of registration of shares, the company increased the capital stock by 62,737,500 shares with capital reserve fund as per the rate of 3.5 shares for each 10 shares. The total capital stock of the company was then changed to 241,987,500 shares.
In March 2002, Jiangxi Synthetic Detergents Plant and Jiangxi Caoshanhu Enterprise (Group) Company transferred their respective 25.99125 million state-owned shares of the company shares to Tsinghua University Enterprise Group (now renamed as Tsinghua Holdings Co Ltd). After the transaction, Tsinghua Holding Co Ltd held 51.9825 million shares, accounting for 29% of the total shares of the company, and became the largest shareholder of the company.
In April 2001, taking the capital stock of 119.5 million shares at the end of 2000 as the base, the company implemented dividend distribution by sharing out 3 bonus shares plus 1 RMB in cash for each 10 shares, and adding 2 shares for each 10 shares based on the capital reserve fund. After then, the registered capital of the company was changed to 179.25 million RMB.