Shandong Haihua Essay

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An analysis on the success of an industrial company in China – a case study of SHANDONG HAIHUA Introduction I. Background of the company Shandong Haihua Group (SHG), mainly engaged in the rising ocean chemical industry, it is located on the southern bank of Laizhou Gulf in the BohaiSea, the northeast of Weifang, a city famous as the world kite capital in China. It established in August 1995, based on its predecessors Weifang Soda Ash Factory and Shandong Yangkou Saltworks. SHG has around 40 branch and subsidiary companies and one national-level technological center and a post-doctoral station. The amount of their products such as Bromide, Soda Ash, Raw salt, Melamine, Calcium Chloride, and Sodium nitrate are rank in the first of Chinese industries. . A. What is Shandong Haihua Group and what are its scope of business Shandong Haihua Group (SHG) is an exceptionally large-sized modern enterprise, which is mainly engaged in the rising ocean chemical industry and integrates scientific researches, others industries and trade. One after another SHG has been designated as one of the 120 experimental enterprises, groups nationwide by the State Council of China. In terms of comprehensive power, one of Shandong province’s 23 major enterprise groups enjoying special support by the Provincial Government of Shandong. In terms of comprehensive power, SHG ranks in the top position among the enterprise specialized in the same trade throughout the country. B. Recent years From 1998, Shandong Haihua Group raising capital established Shandong Haihua Co. Ltd, and successfully listed in the Shenzhen securities Exchange of China. This became a solid foundation for the further and quick development of SHG. After that, some great progress were made in not only joint ventures but also much more cooperation with groups from foreign countries. The largest project jointly
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