Shida Shinghwa Advanced Material Group Co.,Ltd (hereinafter referred as Shida Shinghwa , stock code:603026 ) Formerly known as Shandong Shida Shenghua Chemical Group Co., LTD., its origins with the formation of a subsidiary of China University of Petroleum (East China), a national "first-rate universities and disciplines", and with the whole industry chain that can simultaneously provide the solvent, solute and additive products of lithium-ion battery electrolyte.
Since its establishment in 2002, Shida Shinghwa has focused on carbonate products, new energy and new materials, created a three-dimensional complete industrial chain, longitudinally extended fine chemicals business, horizontal development of lithium battery new material products, forming three business segments of lithium battery solvent, electrolyte, high-end new materials. At present, the company's market share in the global high-end carbonate solvent has exceeded 40%, and its downstream customers cover the leading manufacturers of electrolyte worldwide. In terms of electrolyte products, Shida Shinghwa has comprehensive advantages in material integration. It has bases in Dongying and Wuhan, covering major lithium battery production bases in China, and has established long-term and stable strategic cooperative relations with major domestic lithium battery leading enterprises.
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