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The main business of Wanhua Chemical is the R&D, production and sales of PU series products, like isocyanate and polyol; the series petrochemical products, like PO/AE; the functioning materials of water-based coatings and the specialty chemicals. As the most competitive MDI producer in the world and the biggest TDI supplier in Europe, Wanhua has 5 manufacturing bases all over the world and has set up more than ten subsidiaries or branches in Europe, Middle-east, America, Japan, Russia, India, etc. Now, taking the customers’ need as guidance ,innovation as core competitiveness, talents as first important resources, excellent operation as solid foundation, advanced corporate culture as powerful guarantee, we will persist in the concept of responsible care and sustainable development to make our company a world-class innovative company with deep pride in our people and to gain respect from the society.

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Wanhua Chemical’s main business segments consists of three parts: Polyurethane, Petrochemicals, Performance Chemicals & Materials.

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Wanhua Chemical has set up R&D centers, manufacturing bases and business centers in Yantai, Ningbo, Beijing, Zhuhai, Chengdu and Shanghai in China and has set up more than ten subsidiaries or branches in Europe, the Middle-east, America, Japan, Russia, India, etc. Meanwhile, Wanhua Chemical has its own overseas manufacturing bases in Hungary.

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At Wanhua, we believe that talent is our most important resource. We attract talent through an appealing vision and gather talents by through common causes. Furthermore, Wanhua insists on systemic innovation and creating a fair & just environment to cultivate talent. At Wanhua,every employee is judged by their capability not by their appearance. Employee advancement is based on employee contributions. What’s more, Wanhua takes care of people’s needs and offers competitive salaries and a broad career development space for the employees. Wanhua is trying hard to do a good job of attracting talent, retaining talent, and cultivating talent.  Currently, Wanhua has about 15000 employees(with BorsodChem included), of which one third are non-Chinese citizens.

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Major financial indicators in the last four years

Major indicators
2019 2018 2017 2016 2015
Total assets (Unit: ten thousand yuan)
9,686,532 7,691,266 6,582,773 5,078,389 4,780,442
Shareholder’s equity attributable to the parent company (Unit: ten thousand yuan)
4,236,409 3,377,874 2,727,953 1,482,204 1,157,097
Earning per share (yuan/share)
3.23 3.88 4.09 1.42 0.62
13.49 12.36 9.98 6.85 5.35
Sales revenue (Unit: ten thousand yuan)
6,805,100 6,062,119 5,312,317 3,009,986 1,949,238
Net profit (Unit: ten thousand yuan)
1,012,998 1,061,037 1,111,214 367,987 160,974

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Wanhua Chemical Group wins “Supplier of the Year” from Axalta...

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