Tian Li High & New Tech. Co., Ltd. was set up on Apr.28 1999 and listed on Shanghai Stock Exchange on Dec.25 2000, which initiated mainly by Xinjiang Dushanzi Tian Li Industry and Commerce Corporation, together with CNPC Xinjiang Petroleum Administration Dushanzi Petrochemical Works, Urumqi High-tech Industry Development Zone High-tech Real Estate Technology Co., Ltd., Xinjiang TBEA Co., Ltd. and Shanghai Academy of Science Zhongda High-tech Electronic Technology Co., Ltd. as a joint-stock enterprise.
The Company is a high & new technology enterprise approved and reviewed by Ministry of Science and Technology and Chinese Academy of Sciences. It is also a petrochemical and chemical downstream high-tech enterprise dominated by fine petrochemicals and macromolecular material processing and integrating with technology development, industrial production and trade.
Its annual total assets totaled 3.19 billion yuan (combined holding companies assets totaled 4 billion yuan) with 1.261 billion yuan net assets by the end of 2013 with 525,595,170 yuan registered capital.
Various products are spread to some countries and regions in central Asia, East Asia, west Asia and Eastern Europe. An effective sales network system has already been formed also in the east China, south China, southwest and northwest regions.
Various products are spread to some countries and regions in central Asia, East Asia, west Asia and Eastern Europe. An effective sales network system has already been formed also in the east China, south China, southwest and northwest regions.
Adhering to the principle of “high starting point, high technology, high quality”, the Company enhances the technical cooperation with the Research Institute of Dushanzi Petrochemical Company, Sichuan University, Tianjin University, Yantai University, Beijing Petrochemical Research Institute, Dalian University of Technology and Xinjiang University of Petroleum. Thus, many high-tech, new, refined and sophisticated products with high scientific and technological content, high added-value and high market potential have been developed by the Company and its cooperator together.