Type State-owned enterprise Industry Chemical industry Headquarters Yizheng, China Area served China | Traded as SEHK: 1033
SSE: 600871 Website www.ycfc.com/en Founded 1993 Parent organization Sinopec | |
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Key people Chairman: Mr. Qian Hengge Products Chemical fibre production | ||
Yizheng Chemical Fibre (simplified Chinese: 仪征化纤; traditional Chinese: 儀征化纖), full name "Sinopec Yizheng Chemical Fibre Company Limited" or short name "Yizheng", is the subsidiary company of Sinopec, which is engaged in sales and production of fibres and fibre 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 Fibre 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 historical P/E ratio among all H shares, currently more than 200 times.