rongsheng holdings in stock

RONGSHENG PETROCHEMICAL CO., LTD. is a China-based company principally engaged in the research, development, manufacture and distribution of chemicals and chemical fibers. The Company’s main products include aromatics, phosphotungstic acid (PTA), polyethylene terephthalate (PET) chips, terylene pre-oriented yarns (POYs), terylene fully drawn yarns (FDYs) and terylene draw textured yarns (DTYs), among others. The Company distributes its products in domestic market and to...More

Rongsheng Petro Chemical Co, Ltd. specialises in the production and marketing of petrochemical and chemical fibres. Products include PTA yarns, fully drawn polyester yarns (FDY), pre-oriented polyester yarns (POY), polyester textured drawn yarns (DTY), polyester filaments and polyethylene terephthalate (PET) slivers.

The company was founded in 1996 and successfully landed on the Shenzhen Stock Exchange on August 8, 2007, becoming the first real estate company in Hebei Province to be listed through an IPO. Currently, it has a registered capital of 4.348 billion yuan. Rongsheng Development has always been committed to branded real estate development and strives to explain the concept of modern living through professional management and quality projects. After more than 20 years of development, the company has made great strides in operating scale and business fields, and has rapidly grown from the initial development of ordinary housing to a large-scale multi-industry integrated group company integrating businesses such as real estate development, leisure and tourism investment, financial investment, and Internet innovation. The company has basically formed a comprehensive and comprehensive industry chain with real estate development as the main business, integrating businesses such as hospitality, industrial parks, design, industry, hotels, property, business management, real estate finance, etc., through collaborative development of the main and auxiliary industries. Corporate honors: National “Ten Thousand Enterprises Help Ten Thousand Villages” Precise Poverty Alleviation Action Advanced Private Enterprises; Annual Sustainable Projects for Precise Poverty Alleviation; Hebei Province"s “Thousand Enterprises Help a Thousand Villages” Advanced Private Enterprises with Precise Poverty Alleviation Actions; Hebei Province"s Thousand Enterprises Help Thousand Villages Industrial Poverty Alleviation Award; “Doing Good to the World” Poverty Alleviation Contribution Award; Yuxian Social Poverty Alleviation Bank Card Enterprise.

The Stock Exchange of Hong Kong Limited, a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), announces that with effect from 30 December 2010 (Thursday), China Rongsheng Heavy Industries Group Holdings Ltd (Stock code: 1101) will be admitted to the list of designated securities eligible for short selling.