Hengxing has been through three phases from the beginning. It was established from 1995 to 1998, grew up from 1998 to 2002 and became stronger after 2007. Hengxing Science was listed on the Shenzhen Stock Exchange on April 27, 2007. After that, the board of directors formulated new strategies considering to the current situation.
Strategic Objective
Making the best efforts to make the company's turnover reached 10 billion in 10 years. The task for year 2008, 2009 and 2010 is to consolidate the company’s capacity of sustainable development with annual growth rate 30-50%. In 2010, the annual production capacity will reach 300,000 tons meanwhile the annual sales revenue will reach to 2.5 billion RMB. At the same time, Hengxing seeks for new development projects and introduced strategic investors for the purpose of expanding the industrial clusters and speeding up the pace of collectivizing. After 2010, our enterprise will make every effort to achieve the strategic target of being a group company with revenue more then 10 billion RMB before 2017 by following a new strategic.
The Guiding Ideology of Development
To branding the product, enlarge the scale of production capacity, make the sales management system network-based, modernize the management procedure and fulfill globalization.
Business Philosophy
Provide the best quality, chase the most developed technology, create the brand value and acquir reasonable benefits.