Yizheng Chemical Fibre Explained

Yizheng Chemical Fiber
仪征化纤股份
Foundation:1993
Location City:Yizheng, Jiangsu
Location Country:People's Republic of China
Key People:Chairman

Qian Hengge

Area Served:People's Republic of China
Industry:Chemical industry
Products:Chemical fiber production
Parent:Sinopec

Yizheng Chemical Fiber, full name "Sinopec Yizheng Chemical Fiber Company Limited", abbreviated as "Yizheng", is a subsidiary company of Sinopec, which is engaged in sales and production of fibers and fiber materials on Mainland China. The headquarters of the company is located at Yizheng City, Jiangsu Province.

There have been hopes that Sinopec, Yizheng's parent company, will process share reform and privatize Yizheng Chemical Fiber and Sinopec Shanghai Petrochemical, but the plan has not been finalized.

Yizheng has both A share and H share listed in Shanghai Stock Exchange and Hong Kong Stock Exchange respectively, with the greatest difference between A and H share prices currently. It also has the largest 6tr EUhistorical P/E ratio among all H shares, currently more than 200 times.

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