Company Profile

With the approval of the State Economic & Trade Commission, Sichuan Tianyi Science & Technology Co., Ltd. is established as a share holding company initiated by the Southwest Research & Design Institute of Chemical Industry (formerly the Ministry of Chemical Industry Southwest Research & Design Institute of Chemical Industry) and jointly sponsored by Zhejiang Fanghua Group Co., Ltd., China Central Research Institute of Science and Technology of Chemical Industry (formerly the Ministry of Chemical Industry Science & Technology Research Institute) the Ministry of Chemical Industry Chenguang Research Institute of Chemical Industry (Chengdu), China Rubber Group Carbon Black Research & Design Institute (formerly the Ministry of Chemical Industry Carbon Black Research & Design Institute). In January 1999, the company was defined as a high-tech enterprise by the Ministry of Science and Technology and the Chinese Academy of Sciences; in August 1999, the company was registered in the national high-tech industrial development zone of Chengdu; in December 2000, the company issued 45 million circulating shares at Shanghai Stock Exchange (stock code: 600378) by the approval of China Securities Regulatory Commission; the total stock issue was 115.72 million and the registered capital at that time was 70.7239 million Yuan.

The company accomplished share split in November 2006 and presently the total stock issue is 245,613,400. As of Oct.24, 2007, the Southwest Research & Design Institute of Chemical Industry transferred 56,821,293 shares (23.13% of the total) to China Haohua Chemical (Group) Corporation; now the legal representative is Chen Baotong and the general manager is Wang Xuezai.

Business scope of the company : research and development, manufacture and sell of activator, PSA gas separation technology and devices, special gases, special valves, sorbent and etc; development, design and consultancy of C1 chemical technology, methanol and its downstream technologies; dealing in exportation of own brand products and technologies; dealing in importation and exportation of raw and auxiliary materials, instruments and apparatuses, machines and equipment, accessories and technologies demanded by our company (save for the commodities and the technologies restrained or prohibited for trading, importation or exportation by the state).