Having combed main business and predicted further development, Chengzhi outlined the overall developmental strategy of “One Body with Two Wings”.

“One Body” means clean energy industries, led by Nanjing Chengzhi and Chengzhi Yongqing, as it is the core business segment, the major source of profit and cash flow; “One Body” shall give priority to steady development, the major task is to reduce risks and secure market performance. Meanwhile, efforts will be exerted to explore downstream development and enhance profitability. “Bind Upstream, Stabilize Midstream and Enrich Downstream” will be executed, which aims to create a development strategy that focuses on “One Body”, extends upstream and downstream development, and builds a characteristic trade chain.

“Two Wings” means Semi-conductor Display Material industry, led by Beijing Chengzhi Yonghua and Chengzhi Yonghua, and Healthcare & Life Science industry, represented by D-Ribose and industrial hemp. “Two Wings” is the core value segment, the origin of market performance, and two pillars for future development. “High Tech Orientation” is the direction for “Two Wings” to spread and fly high. In the field of semi-conductor display materials, great efforts will be made to strengthen TFT mixed crystal materials; in the meantime, it gets down to new product layout, pays attention to key customers, and builds the company into a international first-class semi-conductor display material manufacturer; in life medical field, it speeds up the overall planning of industrial hemp, strives to become a leading enterprise in CBD machining industry. Meanwhile, Dandong Hospital health industry is reserved as a strategically supporting segment for future development.

CHENGZHI will base on existing resources, explore enormous technical fields and market areas for a breakthrough, to get premium technical sources and build ties with cooperation partners; it will dig deep in all the segments, reinforce and secure its leading position in relevant markets, optimize existent resource allocation, form a better industrial cluster effect, and lay a foundation to evolve into an international level high-tech enterprise with core competitiveness.

Clean Energy

Committed to the strategy “Bind Upstream, Stabilize Midstream and Enrich Downstream”, explore more methods to deeply bind upstream resources, secure upstream raw material supply, overcome the impact of fluctuating prices of upstream raw materials on management efficiency. It keeps developing or introducing downstream high-tech and high value-added product technologies for ethylene, propylene butadiene and other products from domestic and overseas to enrich the downstream industrial chain, create a high value-added product system, take advantage of flexible production, and optimize the product structure in a timely manner according to the market environment, thereby enhancing the Company's profitability, reducing the risk of performance fluctuations and improving competitiveness.

 It deepens ties with American air product companies, takes Chengzhi Air Products Hydrogen Energy Technology Co., Ltd. as the main body, middle-stream hydrogen refueling station construction as the breakthrough point, bases on Nanjing and adjacent cities, pushes ahead with hydrogen refueling construction and operation business, to make up for the shortcomings of the infrastructure construction of hydrogen energy industry, and actively guide the demonstration application of hydrogen energy in municipal public transportation, park logistics and other fields, promote the efficient use of surplus hydrogen in Nanjing Chengzhi's clean energy business, and realize the synergistic development of the industry.

Semi-conductor Display Materials

Monochrome mixed crystal market secures the leading position. Although LCD production capacity in global market is reducing, it's gaining in home market. Under this context, TFT mixed crystal business continue to adhere to the mainland China as the major market, maintain relationship with big customers and meet the demands of big-sized negative liquid crystal displays. Meanwhile, we exert energy to explore non-display applications of crystal materials in order to increase business volume; industrial competition in LCD glass field has been intensifying; correspondingly, we will expand investment in research, try to reduce cost and create new product line, as well as tightening control on safety and environment protection.

Healthcare and Life Science

On life science field, try to complete industrial hemp business as per schedule, obtain corresponding processing license, research new technologies and crafts, and gradually construct a patent system; meanwhile, we will expand sales channels, and strive to be a leading enterprise in CBD machining industry. Besides, we deepen cooperation relationship between D-ribose business and artificial meat manufacturer in order to expand artificial meat market; continue with market expansion, increase market occupation rate, build up “Liboshi” D-Ribose brand, perfect terminal products, enhance brand popularity, expand distribution channels, increase sales volume, and expand market share.

In medical health, we secure existing medical treatment resources, perfect professionalized management, improve medical treatment quality, reinforce characteristic specialty, improve hospital competitiveness, realize steady income increase, and ease the pressure under the reforming of public hospitals.

Background Reading

Chengzhi Shareholding Co., Ltd.

Chengzhi Shareholding Co., Ltd. (Stock Code: 000990) was registered in October, 1998 and listed on the Shenzhen Stock Exchange on July 6, 2000. Chengzhi Shareholding is a high-tech company whose major shareholder is Tsinghua University, additionally, it is a member enterprise of Tsinghua Holdings Co Ltd, a key enterprise in Jiangxi Province, and the industrial platform for industrializing Tsinghua University’s scientific and technological achievements in fields such as Clean Energy, Semiconductor Display Materials, and Healthcare & Life Science.

Chengzhi Shareholding has adhered to the core concept of “Sincerity, Focus and Social Commitment”, the management concept of “Integrity, Normalization, Efficiency and Innovation” and the talent strategy of “Caring for People and Gathering Professionals”. The industrial layout was formed, which centers on the Circum-Bohai Sea Region, Guangdong-Hong Kong-Macao Greater Bay Area and Yangtze River Economic Zone, and extends to the entire country, with over 30 subsidiaries located in Beijing, Hebei, Liaoning, Jiangxi, Anhui, Guangdong, Fujian, Shanghai, Yunnan and oversea regions.

Chengzhi Shareholding implements the development strategy of "One body with Two wings", with Clean Energy as the core business segment and Semi-conductor Display Materials and Healthcare & Life Science as the core value segments, following the national strategy and social needs, cultivating the niche industries, optimizing resource allocation, forming high-quality industrial cluster effect, and maintaining strong development potential and continuous innovation capability.

For future development, Chengzhi Shareholding will continue to leverage the talent and discipline advantages of Tsinghua University, with the mission of “Serving the country through industry”, and is committed to becoming an international high-tech enterprise with core competitiveness in industrial, scientific & technological, and managerial innovation.