In the 1990s, Mr Jianguo Tong, the founder of Yonghe Company, witnessed many passengers returning home from other places. They were stranded because of inconvenient transportation and could not return home in time to reunite with their families. He wanted to help people solve this problem, and realized the business opportunities, so he borrowed money to buy a bus. Soon after he had facilitated the passengers, he also earned the money and paid the loan at the first time.With the good reputation, he borrowed money to buy several buses, In 1992, he set up the second Agency branch of Quzhou International Freight Corporation and set up his own logistics team to transport goods to customers.
In 1998, the freight company encountered a crisis and Juhua Group's many goods began to be transported only to its own fleet. Our team has encountered a difficult situation that is not available. In the face of setbacks, is it to sell the team or strive to survive? Tong resolutely chose the latter. In the crisis, he began his first transformation. He established Quhua Yonghe Chemical Industry Co., Ltd. to combine the advantages of his own transportation and began to try to trade refrigerant products.
In the refrigerant trade business, we found that the price of new environmental protection refrigerant products is very high, and product sales are monopolized by major foreign manufacturers such as DuPont. Domestic customers must purchase at high prices from foreign manufacturers. This situation has aroused Tong's challenge and determination: "What foreigners can do, we Chinese can do! "
After relevant investigations, Mr Jianguo Tong decided to also do a new type of environmental protection refrigerant product. After experiencing numerous hardships and difficulties, he finally established his own hybrid production plant and formed a new type of environmental protection refrigerant product mixing base. More than 300 canister containers.
At that time, the refrigerant market was mainly neutral and unpackaged, and the quality was uneven. It was difficult for consumers to distinguish between authenticity and authenticity. Faced with this situation, Yonghe Company has formulated a brand development road, launched the "Ice Dragon" brand packaging refrigerant, strictly referred to the "ARI" standard to produce filling, and strictly controlled the purity, moisture, non-condensing gas and other core indicators of the product. Relieve the consumer's worries. The excellent quality of "Ice Dragon" products has been fully recognized by the market and has become a designated brand after the sale of the United States and Suning. Through excellent quality, the company opened the domestic and foreign high-end market. And there are many loyal customers at home and abroad, and sales volume has increased year by year.
With good market reputation and excellent product quality, the company's trade is booming, but the company must have its own production base if it wants to take the initiative. As a result, during the economic crisis in China in 2009, Mr Jianguo Tong made bold decisions that ordinary people could not understand based on his keen judgment. He acquired Xingteng Chemical, which was then indebted to hundreds of millions of dollars, and changed its name to Jinhua Yonghe Fluoride Co., Ltd.. Investment refrigerant, FEP production line, and actively research and develop downstream fluorinated polymer materials. Jinhua Yonghe actively explored the market through the standardization of internal management and solved the problems left over from the original. In 2010, it began to turn into a profit, and in 2011 it achieved a profit of 200 million.
In order to promote the long-term development of the company and build a complete fluorine chemical industry chain, the company absorbed and merged two companies under the Huali Group to produce fluorite mines, fluorite powder and hydrofluoric acid in Inner Mongolia in June 2011. At this point, Yonghe Company has a wealth of fluorite resources upstream, ensuring the reserve of raw materials for long-term development. At the same time, the company established Inner Mongolia Yonghe Fluorite Co., Ltd. to build two complete fluorinated chemical production chains in three phases in the local industrial park to further process the rich mineral resources in the area and increase the added value of the products.
We will develop the high-end field of Fluorine Chemicals, strengthen the development of market applications, improve the scientific management and incentive mechanism, and achieve more than 5 billion combined sales of each company within the next three years, with profits of more than 500 million as well as the tax duty. We will make Yonghe’s Enterprise image, brand and scale to a higher level.