What is the concept of Poly Union?

Poly United’s concept stocks are: state-owned assets reform of central enterprises, mergers and acquisitions and reorganization, and military industry.

Poly United Chemical Holding Group Co., Ltd. (hereinafter referred to as "Poly United", formerly Guizhou Jiulian Civil Explosive Equipment Development Co., Ltd., referred to as Jiulian Development) was established on July 18, 2002. It was listed on the Shenzhen Stock Exchange on September 8, 2018, with stock code 002037. The company has a registered capital of 487.6253 million yuan, a total share capital of 487.6253 million shares, and total assets of 11.067 billion yuan. The controlling shareholder is Poly Jiulian Group Company, and the actual controller is China Poly Group. The company has jurisdiction over 9844 Production Branch, 9855 Production Branch, Sinan Production Branch, Poly Teneng Engineering Co., Ltd., Guizhou United Engineering Group, Gansu Jiulian Civil Explosive Equipment Co., Ltd., Guiyang Jiulian Chemical Co., Ltd., Henan Jiulian Shenwei Civil Explosives Co., Ltd., Anshun Jiulian Civil Explosives Co., Ltd., Guizhou Panjiang Civil Explosives Co., Ltd., Poly Orikai Management Co., Ltd., Baorong Shengwei (Shenyang) Technology Co., Ltd., Tibet Poly Jiulian Civil Explosives Equipment Development Co., Ltd. has a total of 13 companies. There are 8,019 registered employees. Mainly engaged in the research and development, production and sales of civilian blasting equipment products, blasting engineering construction and technical services, as well as mining engineering, municipal engineering, highway engineering, housing construction engineering, water conservancy and hydropower engineering, safety assessment, safety supervision and other businesses. The production capacity is located in Guizhou, Hunan, Shandong, Henan, Gansu, Tibet, Xinjiang and other provinces and regions. It is a domestic high-tech enterprise integrating the research, production, sales and blasting services of civilian blasting equipment.

The company has more than 100 patents, has obtained more than 30 provincial and ministerial level scientific and technological achievements, and has been recognized as an intellectual property demonstration unit in Guizhou Province. In accordance with the Ministry of Industry and Information Technology's strategic deployment of "going out and inviting in" for civil explosives enterprises, Poly United fully relied on the platform advantages of China Poly Group and Poly Jiulian Group to successfully cooperate with Orica Group, the largest civil explosives enterprise in the world. It has laid a solid foundation for improving the company's international management and technical level. Poly United adheres to the "Thirteenth Five-Year Plan" strategic development plan, adheres to the development strategy of "integrated operations, low-cost expansion, and science and technology development", and firmly believes that Poly Jiulian Group's industrial explosives production capacity is one million tons and its revenue is tens of billions of yuan. The goal is to use innovation to lead the integration of blasting services, promote industrial transformation and upgrading, accelerate the extension and integration of the upstream and downstream industrial chains, accelerate the pace of internationalization, and build Poly United into a comprehensive domestic civil explosive product, production and operation company during the "Thirteenth Five-Year Plan" period. It is an enterprise group that integrates scientific research, production, sales and blasting services with first-class scale, first-class products, technology, processes and equipment, first-class intrinsic safety level, first-class operating performance and management level, and a certain international reputation and brand influence.