Jiangsu Oriental Shenghong Co., Ltd. (hereinafter referred to as "listed company" or "company") is an energy and chemical enterprise that has vertically integrated the entire industrial chain and has deeply deployed new energy and new materials businesses. It is the Fortune 500 Shenghong Holding Group Co., Ltd. core listed subsidiary. In August 2018, as the main body of chemical fiber asset management of Shenghong Group, it successfully entered the domestic capital market and realized its restructuring and listing on the main board of the Shenzhen Stock Exchange. The company's stock abbreviation is "Oriental Shenghong" and the stock code is "000301".

The company's main business includes industrial fields such as petrochemical and chemical new materials, polyester chemical fiber, etc., and has established industrial bases in Lianyungang, Suzhou, Suqian, and Yichang, Hubei Province. The subsidiaries include Shenghong Refining and Chemical (Lianyungang) Co., Ltd., Jiangsu Sierbang Petrochemical Co., Ltd., Jiangsu Honggang Petrochemical Co., Ltd., Jiangsu Guowang High-Tech Fiber Co., Ltd., Shenghong New Materials (Suqian) Co., Ltd., Jiangsu Ruibang Technology There are more than 50 companies including Co., Ltd. and more than 27,000 employees. The company insists on implementing the improvement of ESG's comprehensive implementation. Its wholly-owned subsidiaries Guowang Hi-Tech and Honggang Petrochemical have won the national "green factory" and Serbang Petrochemical have won the provincial "green factory".

The company has a 16 million tons/year integrated refining and chemical equipment, a 2.4 million tons/year methanol-to-olefin (MTO) and a 700,000 tons/year propane dehydrogenation (PDH) equipment, realizing the "oil head" and "coal head" Full coverage of the three olefin production process routes of "gas head", with diversified olefin production processes, gradually forming a chemical complex that is vertically integrated in the entire industry chain, relying on refining and chemical integration and alcohol-based multi-production , the "1+N" industrial layout extends to diversified industrial chain chains such as new energy, new materials, electronic chemistry, and biotechnology. Looking ahead, the company will further expand the vertical integration of the entire industrial chain, deepen the strategic layout of new energy, new materials, etc., strive to build a world-class new energy and new materials high-tech industrial cluster, and accelerate the construction of globally competitive enterprises.