Shandong Jinhe Industrial Group Co., Ltd. (hereinafter referred to as “Jinhe Group”) was founded in April 1982. After 42 years of entrepreneurial development, the Company firmly grasps the historical opportunities, complete the three major transitions of talent strategy, product strategy, and capital strategy, and develop into a large-scale technology-based private enterprise group by adhering the principle of “integrity, harmony, entrepreneurship,  diligence and frugality”, with the “make contributions to our country and mankind by industry” as the purpose. The Company has a registered capital of36,258,200 RMB and has 12 legal entities under its jurisdiction. The industry spans the fields such as chemistry and chemical engineering, new materials, machinery manufacturing, plastic products, real estate development, and construction. It has total assets of more than 3.6 billion yuan and more than 1,000 employees. In 2019, it achieved the industrial output of 2.6 billion yuan, and the profit and tax of 680 million yuan.

 

I. The Company is Engaged Precisely in the Sodium Hydrosulfite Industry and Strive to Maintain its Leading Position in the Industry

 

Jinhe Group is a demonstration enterprise of single champion of national and provincial manufacturing, and one of the top 100 private enterprises in China’s petroleum and chemical industries. The “Gujin” brand sodium hydrosulfite produced by it has extremely high customer satisfaction and brand awareness in the domestic and foreign markets, and was listed as a “national key new product” by the original National Economic and Trade Committee. “Gujin” brand sodium hydrosulfite is a famous brand product in Shandong Province and a famous brand in China’s petroleum and chemical industries. “Gujin” brand trademark is a China famous brand and a famous trademark in Shandong Province. The Company has now developed into the world’s larger sodium hydrosulfite manufacturer in comprehensive strength, and represents the development direction of the world’s sodium hydrosulfite industry. 

 

Led by Jinhe Group, the three national industry standards for sodium hydrosulfite were drafted such as Sodium Hydrosulfite (HG/T2074-2011), Safety Technical Requirements for Sodium Hydrosulfite (AQ3011-2007), and Food Additives Sodium Hydrosulfite (GB22215-2008). The Company participated in the formulation and revision of 15 national and industry standards such as Classification of Textile Dyeing and Finishing Auxiliaries (GB/T25798-2010),Determination of Impurity Anions in Inorganic Chemicals-ion Chromatography (GB/T31197-2014), Solvent Dyes - Determination of Shade And Relative Strength (GB/T33424-2016) and Determination of Harmful Solvent in Dye Products (GBT37039-2018), enhancing the Company’s popularity and status in the industry.

Jinhe Group strives to create a new scientific development model featuring clean economy, circular economy, economical economy, and safe economy. Among private enterprises in Yantai City, it has taken the lead in passing ISO9001, ISO14001, OHSAS18001, and GB/T29490-2013 management system certification. Among the private enterprises in Shandong Province, it was the first to become the first-level enterprise in national safety standardization. It was the first to obtain the Grade A Performance Certificate in Shandong Province Clean Production Audit in Yantai City. The Company was awarded the “Passing Evaluation and Acceptance of Key Enterprise Clean Production Audit” in Shandong Province and “Demonstration Enterprise of Yantai City Energy Management System Construction”, “Demonstration Enterprise of Shandong Intellectual Property”, “National Trustworthy Enterprise”, “Shandong High-tech Enterprise”, “Chinese Patent Shandong Star Enterprise”, “Shandong Advanced Energy Conservation Enterprise”, “Shandong Excellent Private Technology Enterprise” and other honors.

 

II. Take the Road of Transformation and Upgrading and Strive to Create a Characteristic Cishan Hot Spring Town 

 

Cishan Hot Spring Town, built in April 2009, is located at the west end of Changjiang Road, Yantai Development Zone. It covers an area of 3,200 mu. The total planned investment is 3 billion yuan. At present, 1.6 billion yuan has been invested, and a characteristic town integrating hot spring, health maintenance, senior health care, tourism, vacation, business, conference affairs, culture and service has been built up. Cishan Hot Spring Town is only a 15-minute drive from Penglai International Airport, only 2 kilometers from the entrance of the highway, and is directly accessible by the city bus 211, and 30 minutes by car from the high-speed rail station and passenger terminal. The surrounding transportation leads to everywhere and is convenient for a trip. 

Cishan Hot Spring Town integrates six major sections: hot spring resort area, fitness convalescence area, Imperial water&elegant town area, the area for viewing sea from halfway in the mountain, Yinzhu cultural area, and scenic spots area, with the three strategic goals of “environment, culture and service”, with the traditional culture of “loyalty, filialty and benevolence” as its core culture, it strives to build hot springs, tourism and vacation, health care and senior care service industries, and created a new health care and senior care model of “full process, one-stop, menu service”, which is called “the leader of China’s health and senior care” and “a new model of Chinese-style senior care”.

Cishan Hot Spring Town has a good ecological environment. The air is rich in negative oxygen ions up to more than 25,000 units per cubic centimeter. It is a natural oxygen bar. Cishan hot spring water is collected from rock terrane 1,580 meters underground with a water outlet temperature of 56 degrees centigrade, which is natural geothermal mineral water. Cishan spring water contains a variety of minerals and trace elements such as strontium and metasilicic acid that are beneficial to the body, is a natural health spring water.

Cishan Hot Spring Town has created high-quality service conditions and advantages for leisure tourism, health care and senior care, vacation and convalescence, and business and conference affairs. It is a national AAAA-level tourist attraction, a water conservancy scenic spot in Shandong Province, and “Characteristic town of provincial-level service industry” in Shandong Province, “China Experimental Base for Livable and Senior Care”, “The Health Care Base of the Chinese Association for the Promotion of Cultural Exchanges for the Elderly”, and “Patriotism Education Base of Yantai City”.

 

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