In 2025, the company will launch the upgrading and transformation of synthetic ammonia and new energy storage projects, with a focus on deepening the implementation of "industry-leading technological transformation and upgrading, as well as numerous large-scale equipment renewal projects in Zhejiang". Centered around "integrating into Longsheng Group's fine chemical integration" and "building an ecological industrial cycle for raw materials, finished products, and end of pipe disposal in Linjiang Park", the company will promote Hangzhou's foundation to become a model of "Zhejiang's future factory" through "consolidating the foundation of inorganic chemistry, deriving high-end new material projects, and opening up an ecological environmental protection industry track".
Hangzhou Longshan Chemical's operating revenue has exceeded 2 billion yuan, and its corporate tax revenue has exceeded 100 million yuan, both revenue and tax revenue reaching historical highs.
On the basis of consolidating its main business, Hangzhou Longshan Chemical plans and deploys energy-saving and environmentally friendly new projects and new material projects.
Zhejiang Longsheng Group has increased its capital to Hangzhou Longshan Chemical, and the company has now developed into an important production base for Zhejiang Longsheng Group in Hangzhou.
Zhejiang Longsheng Group repurchases the remaining equity owned by Hangshi Group, and Hangzhou Longshan Chemical has officially become a 100% private enterprise.
Zhejiang Longsheng Group acquires 91.2% equity of Hangzhou Longshan Chemical, completing a historic leap in the mixed ownership reform of state-owned enterprises and private enterprises.
Hangzhou Longshan Chemical Co., Ltd. has obtained a business license with a registered capital of 49.38 million yuan.
From 2001 to 2004, 8 subsidiaries were established in Mount Huangshan, Mount Huangshan, Yixing, Longxing, Hangzhou Longshan Fine, Longsheng Chemical and Shanghai Longsha, respectively.
Hangzhou Longshan Chemical Plant merged with Hangzhou Electrification Group Co., Ltd. and Hangzhou Oil Chemical Plant to form Hangzhou Electrification Group Co., Ltd.
Xiaoshan Soda Plant, Changhe Refined Benzene Plant, Changhe Solvent Plant, and Hangzhou Nitrogen Fertilizer Plant were merged to establish Longshan Chemical Plant.