Shandong Goldym Group Co., Ltd., a large-scale private group in Linshu , Shandong , has assets of 1 billion Yuan and more than 1,400 employees. It abuts on Lianyungang in the east and Shuhe River in the west, with neighbors----Linyi and Lianyungang Airport in 50kms around, and Rizhao, Lanshan, Lianyungang port in 100km around, with Yanshi Railway in the north, Longhai Railway in the south, Jinghu and Ridong Expressways in the west, and 327 National Highway near at hand. It occupies a key area of the junction of Shandong province and Jiangsu province. Covering a land over 2,000 Mu (133 hectares), there are four series products in more than 20 varieties involved in chemical, light industry, medical intermediate, food processing industries, etc, mainly including acetic acid, ethyl acetate, alcohol, methanol, formaldehyde, acetaldehyde, butyl acetate, NPK, oxalic aldehyde, propylene aldehyde, sodium salt, TFM salicylic acid, etc.
Recently, with business concept of “Scientific innovation, Quality oriented, Environmental protection first, Sincere business”, working style of “Do the deed, Do the good”, orientation of “Level, Stage, Grade, Benefit”, and means of "Large-scale product development, Modern management system construction”, Jinyimeng Group has constantly been bringing its advantages into full display, optimizing, inspiring, maximizing group's integral benefit and social benefit, and steadily improving the company economic quality and benefit. In 2004, the group got a sales income of 1,000 million Yuan and pre-tax profit over 100 million Yuan, up by 42% and 76% respectively over the same period of the previous year. In 2005, it reached a total production value over 15,000 million Yuan and pre-tax profit of 1500 million Yuan.
Due to its outstanding achievements, the group has been honored the state/provincial/municipal awards, and appraised as “Shandong Excellent Chemical Enterprise”, “Hi-tech Enterprise”, “Contract-stressing & Promise-keeping Enterprise”, “Private Chemical Star Enterprise”, “China Chemical Top 500” , “Shandong Private Top 100” , “Grade A Manufacturer”, and listed the 3 rd in the National Chemical Top 50. Compound fertilizer and ethyl acetate are recognized as Shandong famous products, and “Jinyimeng” ethyl acetate and “Shufeng” compound fertilizer are authorized as “The Excellent Brand in Chinese Chemical Industry”.
In future, the group, based on its own resource advantages and three strategies of “Domestic expansion, Overseas cooperation, MNC construction”, will develop “big” technology, create “big” brand, construct “big” base, explore “big” market, boost “big” financing, and build “big” group; the group, supported by foundation chemical, will stretch to hi-tech, high value-added industries, like fine chemical, medical chemical, and biological chemical industries, and constantly improve products' competitive force; the group, with strategy of “Backbone drive”, will make full use of its management priority and foundation resources like water, electricity, and gas, give prominence to investment invitation and project construction, and contribute much to prosper the development of local economy.