Fujian Yongrong Jinjiang Co., Ltd. (formerly Fujian Jinjiang Technology Co., Ltd., abbreviated as Yongrong Shares) is a large-scale high-tech enterprise integrating chemical industry, synthetic fibers, and new materials. Founded in 2006, the company is located in ChangLe District, Fuzhou City—a renowned textile hub and hometown of overseas Chinese in China. Yongrong Shares owns several subsidiaries, including Yongrong Technology, Jingfeng Technology, Xinchuang Nylon Industry, Jin Yi High-Performance Materials, and Rongchen New Materials. The company has established a complete upstream-to-downstream industrial chain spanning from "benzene—caprolactam—nylon chips—nylon fiber." The company employs over 6,000 people. Yongrong Shares has been honored with titles such as “China Famous Trademark,” “National Torch Program Key High-Tech Enterprise,” “National Enterprise Technology Center,” “National Demonstration Enterprise for Technological Innovation,” and “National Development Base for Functional Polyamide Fiber Products.” It has also been listed multiple times among the first batch of “Manufacturing Single-Champion Enterprises” in Fujian Province. Since 2018, it has consistently ranked first on the China Civilian Silk Ranking.

Fujian Yongrong Technology Co., Ltd. was established in March 2014 through joint investment by Fujian Yongrong Jinjiang Co., Ltd., Fujian Province Investment & Development Group, and Putian City State-owned Investment Group, with a registered capital of 3.6 billion yuan. The company’s integrated CPL project, Yongrong Technology CPL, is located within the Shimeng’ao Chemical New Materials Industrial Park in the Meizhou Bay Petrochemical Base. The total investment for the project amounts to 15 billion yuan, covering an area of over 3,600 mu. The planned production capacity is 700,000 tons per year of caprolactam (CPL). Upon reaching full capacity, the annual output value will be approximately 15 billion yuan, creating nearly 2,000 new employment opportunities. The first-phase production line, with an annual capacity of 280,000 tons, officially began operation in January 2019, while the second-phase production line, with an annual capacity of 300,000 tons, successfully started trial production and feeding materials in July 2023. Both phases have consistently produced caprolactam meeting the national highest-grade quality standards on their first attempt.
The project employs industry-leading fourth-generation hydrolysis and ammoxidation technologies, coupled with Emerson’s globally advanced digital intelligent production control system, enabling real-time visualization and digitally intelligent management. This ensures high-quality caprolactam production both in terms of technology and equipment.
 

Fujian Jingfeng Technology Co., Ltd., established in 2011, is a modern high-tech enterprise specializing in the R&D and intelligent manufacturing of polyamide fibers. It is a key enterprise in Fujian Province and is affiliated with Fujian Yongrong Jinjiang Co., Ltd. The company has a registered capital of 320 million yuan, covers an area of approximately 500 mu, and currently employs about 1,100 people. In 2018, the company was included in the list of provincial-level leading enterprises in Fujian’s industrial and information technology sector and obtained the national certification for the Integration of Informatization and Industrialization Management System.
As a leading enterprise in the Chang乐 100-billion-yuan textile cluster, Jingfeng Technology Co., Ltd. is one of the earliest companies in the industry to embrace the digital and intelligent transformation ushered in by Industry 4.0. The company has taken the lead in achieving intelligent automation of production lines within China’s polyamide fiber industry. Its workshop production lines are integrated with smart systems for material feeding, spinning, transportation, packaging, and warehousing, enabling fully intelligent and automated management of the entire product lifecycle—from order receipt and production through inspection, packaging, warehousing, and finally delivery.

Fujian Xinchuang Jinlun Industrial Co., Ltd. was established on December 6, 2017. Its predecessor was ChangLe District Creator Jinlun Industrial Co., Ltd., founded in 2001 and affiliated with Fujian Yongrong Jinjiang Co., Ltd. The company currently employs over 400 people, occupies an area of more than 120 mu, and has a registered capital of approximately 230 million yuan. It is located in Zhanggang Subdistrict, ChangLe District, Fuzhou, a region renowned for its picturesque scenery. The company’s main products include polyamide fiber series such as POY and DTY. It currently operates 35 Barmag texturing machines and 18 Barmag spinning lines.

The digital and intelligent functional green ultrafine fiber industrial park project developed by Fujian Jin Yi High-Performance Materials Co., Ltd. is designed to encompass a full range of high-end spandex fibers, including high-performance spandex ultrafine fibers, low-carbon regenerated fibers, green and environmentally friendly solution-dyed fibers, health-focused functional fibers, and new high-strength, wear-resistant materials, thereby achieving comprehensive coverage in the premium spandex fiber sector.
The project utilizes advanced equipment from German manufacturers such as Barmag and GIMA, combined with independently developed low-carbon recycling and ultra-fine fiber technologies. From the recovery and regeneration of raw materials through spinning production, winding, quality inspection, packaging, and warehousing, the entire process has been智能化 (intelligently automated). This has resulted in a 30% reduction in energy consumption, a 40% decrease in product defect rates, a 40% shortening of order lead times, and a 50% reduction in labor requirements. The investment per mu averages 6.17 million yuan, while the output value per mu reaches 15.43 million yuan. Moreover, 50% of the raw materials used are textile waste, replacing the traditional nylon 6 feedstock (petroleum—caprolactam), thereby achieving a green, environmentally friendly, and circular recycling system from waste to finished products.
 

Fujian Rongchen New Materials Co., Ltd. (hereinafter referred to as “Rongchen New Materials”) was established in 2021 and is located in the Shimeng’ao Chemical New Materials Industrial Park, Xiyu District, Putian City, Fujian Province. The company occupies an area of approximately 1,900 mu and is affiliated with Fujian Yongrong Jinjiang Co., Ltd. It is primarily a polymer and fiber manufacturer specializing in the supply of products such as adiponitrile, adipic acid, and specialty functional materials.
Since its establishment, the company has been committed to developing an integrated adiponitrile project. Currently, the company is planning and constructing a facility with an annual capacity of 300,000 tons of adiponitrile, 600,000 tons of specialty functional materials, and supporting downstream industrial chain facilities. Upon completion of this project, Yongrong Shares will officially establish a complete nylon 66 value chain, spanning from raw material supply and application research and development to polymer production.
 

In 2020, due to the company’s development needs, the former “Fujian Jinjiang Petrochemical Co., Ltd.” was officially renamed “Fujian Yongxu Petrochemical Co., Ltd.” Fujian Yongxu Petrochemical Co., Ltd., established in 2012, is a wholly-owned subsidiary of Yongrong Holding Group and falls under the Aromatics Division. It is primarily responsible for constructing a 1.5 million-ton-per-year ethylene project using light hydrocarbon feedstock. The project is located in the Gulei Port Economic Development Zone, one of the nation’s seven major petrochemical bases. With a total investment of approximately 31.8 billion yuan, the project adopts internationally advanced patented technologies and represents a significant step taken by Yongrong Holding Group to extend its industrial chain and achieve integrated “oil-to-chemicals-to-fibers” production.

Fujian Yongrong New Materials Co., Ltd. was established on February 8, 2017, as a joint venture between Yongrong Holding Group and Shandong Dongming Petrochemical Group, with a registered capital of 500 million yuan. The company is located in the Shimeng’ao Industrial Park, Dongzhuang Town, Xiuyu District, Putian City, Fujian Province. The company plans to build a comprehensive utilization project for C3 resources with an annual capacity of 2 million tons. The total planned investment for the project is 35.4 billion yuan, covering an area of approximately 2,400 mu. The project will be developed in phases, with the first phase involving the construction of a 1-million-ton-per-year propane comprehensive utilization facility and downstream new material plants. The project will adopt advanced technologies and acquire and install related equipment and supporting facilities. Upon completion and commissioning, the project is expected to generate an annual output value of about 30 billion yuan and provide employment for more than 2,000 people.

Sichuan Yongying New Materials Co., Ltd. is a wholly-owned subsidiary established in Nanchong City by Yongrong Holding Group. Founded in 2022, the company has a registered capital of 1 billion RMB. It is a vice-director unit of the Chemical New Materials Professional Committee of the China Petroleum and Chemical Industry Federation, a vice-president unit of the BDO Industry Association, and a standing director unit of the Sichuan Province Chemical Industry Association.

The Sichuan Yongying BDO Project uses natural gas as its feedstock and is supported by a 1,4-butanediol plant. It is an integrated industrial chain project with an annual capacity of 800,000 tons of functional new materials. In the long term, the project is planned to evolve into an integrated green energy and chemical new materials industrial park in the central and western regions of the Group. The fine chemical products, functional polymer materials, and biodegradable materials produced by the project using natural gas as feedstock are widely used in fields such as electronics, automotive, medical care, apparel, and packaging.

The project will be planned holistically and implemented in phases, building a downstream integrated industrial chain for natural gas chemicals in accordance with national industrial policies and the overall planning for natural gas chemical industry development in Sichuan Province. Currently, Phase I of the project—specifically, Production Line A, with an annual capacity of 180,000 tons of BDO (1,4-butanediol) and its associated supporting facilities—has been completed.
 

Moving toward “green” and thriving with “innovation,” green energy, chemical engineering, and new materials serve as crucial indicators for implementing an innovation-driven green development strategy and accelerating the intelligent upgrading and transformation of traditional industries. In the sustainable energy ecosystem, Yongrong has embarked on a path of exploration and practice in green technology materials, driving green industrial innovation through new materials.

In 2023, Yongrong established Fujian Yongrong New Energy Technology Co., Ltd. Utilizing both domestic and international spodumene as raw materials and leveraging lithium extraction from battery recycling, the company has launched a lithium salt project with an annual capacity of 100,000 tons, thereby completing the final piece of the puzzle in the new-energy industry chain along the southeastern coast.

The Port Services Division currently oversees Fujian Shimeng’ao Port Construction & Development Co., Ltd., Fujian Dongrong Warehousing Co., Ltd., and Fujian Chensheng Warehousing & Logistics Co., Ltd. Together, these companies have constructed a total of 12 berths, including 3 berths for general and bulk cargo and 9 berths for liquid bulk cargo. The annual designed throughput capacity amounts to 25.77 million tons per year.

Fujian Shimeng’ao Port Construction & Development Co., Ltd. is a joint venture established on March 9, 2016, between Fujian Port & Navigation Construction & Development Co., Ltd. and Fujian Yongrong Port Development Co., Ltd. The company’s registered capital is RMB 383 million. The company’s primary development project is the construction of Berths No. 6, No. 9, and No. 11 in the Shimeng’ao Operation Area of Xiuyu Port Area, with a total investment of approximately RMB 3.07 billion. Berths No. 6 and No. 9 will each feature two newly built liquid bulk cargo berths: Berth No. 6 is a 5,000-ton liquid bulk cargo berth, while Berth No. 9 is a 100,000-ton liquid bulk cargo berth, with a total investment of RMB 1.394 billion. Berth No. 11 involves the construction of one 100,000-ton general-purpose berth along with associated supporting facilities, with a total investment of RMB 1.673 billion.

The Energy & Chemical Sales Division, aligned with the Group’s strategic vision of internationalization, end-market focus, and integration, is deeply engaged in both domestic and international markets. It continuously innovates product offerings and trading models, providing customers with high-quality green energy and low-carbon chemical products as well as specialized services. Its business spans across traditional energy, petrochemicals, new energy materials, and other related industrial chains. The division has now grown into a major player in China’s chemical trading sector and maintains extensive collaborations with the world’s top 50 chemical companies. In 2022, it was honored as one of the “Top 500 Chinese Service Enterprises” and one of the “Top 100 Fujian Service Enterprises.”

Traditional energy: Focusing on resources from Indonesia and Australia and leveraging the Fujian and Guangdong regions as our core areas of influence, we maintain strong, long-term cooperative relationships with major enterprises in the chemical and power plant sectors. We are a leading coal supplier and demand partner in the Fujian region.

Petrochemicals: Establish core petrochemical businesses, including aromatics chains, olefin chains, and polyester chains. Focus on coastal regions such as South China, East China, and North China as core markets, with coverage extending nationwide and expanding international import and export operations. Forge long-term strategic partnerships with major domestic and international chemical enterprises.

New energy minerals: Focusing on the market for new-energy battery materials and their raw material—lithium salts—we connect upstream mining companies, midstream smelters, and downstream battery manufacturers, fully integrating market resources and striving to become a world-class trader in the new-energy sector.
 

Relying on the Group’s strong financial resources and extensive business network, the Investment Management Division fully leverages its overall synergy advantages, deeply integrates industrial ecosystem resources, and focuses on four core businesses: strategic investment, industrial mergers and acquisitions, financial investment, and asset management. By building an integrated industry-finance ecosystem, the Division provides enterprises and investors with comprehensive, high-value, and multi-dimensional solutions.

Strategic investment leads the way and sets the stage for future growth areas.
Centered on industry trend analysis, we focus on strategic emerging industries such as new energy and new materials, as well as the field of technological innovation. Leveraging a professional team and digital tools, we implement precise investment strategies through various approaches—including participating in targeted share offerings and establishing industrial funds—to empower enterprises in their strategic transformation and drive sustainable growth.
Industry mergers and acquisitions integrate resources and strengthen ecosystem collaboration.
Leveraging the Group’s industrial background, we are actively pursuing strategic mergers and acquisitions as well as industrial chain integration. Through M&A and restructuring, we aim to enhance resource allocation efficiency, expand our business boundaries, strengthen our core competitive advantages, and achieve a closed-loop construction and value enhancement of the industrial ecosystem.
Flexible allocation of financial investments to achieve value growth.
Relying on diversified financial investment approaches, we systematically engage in equity investments and industrial funds, focusing on strategic emerging sectors such as new energy and new materials. We flexibly seize market opportunities, place great emphasis on capital efficiency and risk management, inject momentum into enterprise development, and help preserve and enhance asset value as well as boost capital appreciation.
Professional asset management operations to unlock asset value.
We provide asset management solutions covering property management, commercial complexes, and specialized industrial parks. Leveraging the Group’s localized strengths and professional service capabilities, we enhance the quality and operational efficiency of assets, maximize asset value, and create long-term, stable returns for our partners.
 

Jinzhou Yongshan Lithium Co., Ltd. was established in 2003 and listed on the main board of the Shanghai Stock Exchange in 2012. Its current stock abbreviation is Yongshan Lithium (603399.SH). Its core subsidiary, Hunan Yongshan Lithium Co., Ltd., was founded in 2019 and specializes in the production, R&D, and sales of high-quality lithium salts. It is Hunan’s first lithium salt project, filling a critical gap in the raw material supply chain for Hunan’s advanced energy-storage materials industry. This has helped Hunan establish a complete, closed-loop industrial chain—from lithium salts to precursors, to positive and negative electrode materials, and finally to batteries—thereby significantly enhancing the competitiveness of Hunan’s advanced energy-storage materials industry. Since being integrated into the listed company in January 2022, it has rapidly become the company’s primary business, achieving production, full capacity, and profitability all within the same year.

The project is being constructed in two phases, with a total land area of 362 mu. Phase I went into operation in the first half of 2022, and Phase II saw its first batch of products roll off the assembly line in July 2024. The combined production capacity totals 45,000 tons. The company has established strategic partnerships with five of the world’s top ternary cathode material customers, including Rongbai Technology, Ruixiang New Materials, Dang Sheng Technology, and Changyuan Lithium Technology. Its products are widely used in the new-energy electric vehicle market, consumer electronics, and energy storage applications, and the company is committed to becoming a globally leading supplier of high-quality lithium. With the completion and commissioning of Phase II in 2024, the company will gradually achieve an annual production capacity of 45,000 tons of lithium salts. In July of the same year, the listed company officially changed its name to Yongshan Lithium Industry, becoming the third A-share-listed company specializing in the lithium industry.

In November 2024, Yongrong Holding Group acquired Yongshan Lithium Industry and became its controlling shareholder.

The Port Services Division currently oversees Fujian Shimeng’ao Port Construction & Development Co., Ltd., Fujian Dongrong Warehousing Co., Ltd., and Fujian Chensheng Warehousing & Logistics Co., Ltd. Together, these companies have constructed a total of 12 berths, including 3 berths for general and bulk cargo and 9 berths for liquid bulk cargo. The annual designed throughput capacity amounts to 25.77 million tons per year.

Fujian Dongrong Warehousing Co., Ltd. was established on July 12, 2021, as a joint venture between Shandong Dongming Petrochemical Group and Yongrong Holding Group, with a registered capital of 300 million yuan. The company is located in the Shimeng’ao Industrial Park, Dongzhuang Town, Xiuyu District, Putian City, Fujian Province. It plans to construct seven liquid bulk cargo berths (Nos. 2–5, 7, 8, and 10) and two general-purpose bulk cargo berths (Nos. 12 and 14) in the Shimeng’ao Operation Area of Meizhou Bay Xiuyu. Additionally, the project includes supporting facilities such as a rear-area storage tank farm, stacking yards, and underground water-sealed caverns. The total investment for the project is approximately 12 billion yuan. The project is primarily designed to support Fujian Yongrong New Materials Co., Ltd.’s 2-million-ton-per-year integrated utilization project for C3 resources. At the same time, it will provide storage, transportation, and trading services for chemical products—including ethane, ethylene, propane, propylene, butane, and liquefied petroleum gas—to enterprises within the park and surrounding areas, thereby boosting the development of the petrochemical industry in the region, which relies on ethane, propane, and liquefied petroleum gas as basic raw materials.

The 200,000-ton-per-year integrated nylon project developed by Colorful Nylon Fiber Co., Ltd. is the core component of Yongrong’s first ultra-fiber industrial park overseas. The project will be constructed in three phases on a total site area of 200,000 square meters, with a total investment of 600 million U.S. dollars and an estimated output value of 900 million U.S. dollars. Phase I, scheduled for construction from 2025 to 2026, will cover an area of 6 hectares and require an investment of 120 million U.S. dollars. Upon completion, the project will have an annual production capacity of 60,000 tons of new nylon fiber materials, creating more than 400 stable jobs and generating an annual output value of 180 million U.S. dollars.