Jiangsu Jinma Oil Technology Development Co., Ltd. was founded in August 2002 with a plant area of ??130,000 square meters and a registered capital of 99.28 million yuan. The company has total assets of 220 million yuan, annual sales of 300 million yuan, and annual profits and taxes of 56 million yuan.
The company has a production line with an annual output of 10,000 tons of refined fatty acids and a production line with an annual output of 5,000 tons of polyamide resin. The fatty acid series products with the registered trademark of "Ronglin" are sold in 18 provinces and cities nationwide and exported to Asia, Europe and the United States.
The refined fatty acid series products developed by the company were listed as Spark Projects by the Ministry of Science and Technology in 2004; the light-colored high-purity dimer fatty acid products developed by the company were listed as high-tech products by the Provincial Science and Technology Department in 2006 and were listed as Jiangsu in 2007 The Provincial Fire Distance Project was listed as the Torch Plan Industrialization Demonstration Project by the Ministry of Science and Technology in 2012. The company won the honorary title of National High-tech Enterprise in 2013. In August 2016, Jiangsu Jinma Grease Technology Development Co., Ltd. introduced a strategic partner "Zanyu Technology Group Co., Ltd." (stock code: 002637), and completed the equity replacement in January 2017.
The company's new development and construction project of 50,000 tons/year agricultural and sideline products in Dafeng Industrial Park, Hutubi County, Changji Prefecture, Xinjiang Uygur Autonomous Region, with a total investment of 100 million yuan, was officially put into operation in August 2014. After the project is put into production, it can provide the parent company with 25,000 tons of fatty acid primary products of high quality, low price, and further deep processing every year. Annual sales of 150 million yuan and profits and taxes
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