Chongqing Yixiang Chemical Co., Ltd. was established on November 23, 2017. It is a subsidiary of Jiangsu Shuangxiang Group with a registered capital of RMB 500 million. It is located at No. 9 Huabei 2nd Road, Changshou District, Chongqing.
Yixiang Chemical is a technical production enterprise specializing in the research, development, production and sales of methyl methacrylate, methacrylic acid and special methacrylate esters. Methyl methacrylate (MMA) is an important organic chemical raw material and a homogeneous or copolymerized monomer. It is mainly used to manufacture organic glass, coatings, lubricant additives, plastics, adhesives, resins, Paper polish, textile printing and dyeing auxiliaries, leather treatment agents, printing and dyeing auxiliaries and insulation filling materials, etc.
     Since the production line was completed and put into operation, the company has developed rapidly and has good profits. In 2019, the company's operating income reached 150.606 million yuan, and the net profit was -224,400 yuan; in 2021, the company achieved operating income of 2,116.6941 million yuan, operating profit of 213.5553 million yuan, and net profit 166.8554 million yuan, with an operating profit margin of 10.09%, and R&D expenses of 63.7197 million yuan, accounting for 3.01% of operating income. The average growth rate of operating income in the past two years has reached 274.89%, the average growth rate of net profit in the past two years has been as high as 2718.67%, and the asset-liability ratio has been 14.51%.
2. Introduction to “Specialized, Specialized and New”
(1) Specialization
Yixiang Chemical is mainly engaged in the R&D and production of methyl methacrylate, methacrylic acid and special methacrylate esters. It has invested in projects with an annual output of 450,000 tons of methyl methacrylate (MMA) and 60,000 tons of methacrylic acid. , 80,000 tons of special methacrylate ester, with a total investment of 4.5 billion yuan and an area of 640 acres. The first phase of the project was completed and put into production in November 2019. After the completion of the second phase, the production capacity ranks first in the country, becoming the largest MMA production enterprise in my country. Methyl methacrylate (MMA) has been listed as a key project of the "Chain Master" industrial policy planning of Chongqing's industrial chain in 2020, and the "Methyl Methacrylate, Methacrylic Acid and Methacrylic Acid Special Ester Project" has been listed in Chongqing major city projects. In 2021, the company's main business income was 2,116.6941 million yuan, accounting for 100% of the operating income.
(2) Refinement
Yixiang Chemical vigorously promotes the deep integration of industrialization and informatization. By purchasing various monitoring instruments, regulating valves, flow meters and other intelligent sensing devices, it customizes advanced informatization systems and utilizes sensing technology, Internet of Things technology, network communication technology, A variety of modern advanced technologies such as edge computing integrate control/management information systems such as ERP, DCS, SIS, and HSE to achieve ubiquitous sensing, automatic data collection, and remote transmission of key production factors such as equipment, materials, and energy. Real-time collection and transmission of production, safety, environmental protection, process, quality and other information, building a comprehensive demonstration platform for intelligent production and industrial Internet in the MMA industry, improving the company's digital production level and information management level.
At present, the company has built 4 digital workshops, namely: Acetone Cyanohydrin (ACH)
Preparation digital workshop, methyl methacrylate (MMA) preparation digital workshop, ammonium sulfate (SA) production digital workshop, special grease (BMA, PMA) production digital workshop, among which, acetone cyanohydrin (ACH) preparation digital workshop and methyl The methyl acrylate (MMA) preparation digital workshop won the title of Chongqing Digital Workshop in 2020 and 2021 respectively. In addition, our company strictly regulates and controls the quality of the product processing process and the production environment, and conducts product production and processing in accordance with the requirements of "HG/T 2305-2017 Methyl methacrylate for industrial use". Our company's methyl methacrylate The purity of the product can reach over 99.9%, reaching industry-leading quality and improving the market competitiveness of the product.
(3) Innovative
Yixiang Chemical attaches great importance to research and development work and has always insisted on taking technology research and development as its core. It has established a corporate technology innovation center and invests no less than 3% of sales revenue in research and development expenses every year to optimize and innovate product processing technology and production equipment. Oriented, based on quality, facing domestic and foreign markets, improving the grade and competitiveness of MMA products, and having leading independent innovation capabilities and R&D capabilities in the industry.
So far, the company has obtained 13 patent authorizations, including 1 invention patent.
There are also 2 invention patents under substantive examination. In recent years, the company has also won honors such as the "Advanced Collective" for Enterprise Ecological Environment in Changshou Economic Development Zone, one of Chongqing's 100 Growth Industrial Enterprises, and a key industrial enterprise in Changshou District.