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Development

Tongkun Memorabilia


A small township factory from the beginning of the faltering start

To the chemical fiber aircraft carrier that leads the industry

In 1981, a township enterprise called “Tongxiang County Chemical Fiber Factory”

Was born in this land without a drop of oil or a slice,

This is the predecessor of Tongkun Group.

The chronicles of Tongkun, written in wonderful moments over and over again, are worth savoring repeatedly.

7

跨越式发展

Fate begins

1981

First across

1992

Second across

1995

Third across

1997

Fourth across

1999

Fifth across

2008

Sixth across

2011

Seventh across

2017

Fate begins
  • 1981

  • The birth of Tongkun (1981-1990)

    In 1981, following the trend of reform, it benefited the country's economy and people's livelihood.Tongxiang County Chemical Fiber Factory, the predecessor of Tongkun Group, was officially established.

1981

First across
  • 1992

  • Market transformation (1991-1994)

    In 1992, the leaders of Tongxiang County Chemical Fiber Factory, headed by Chen Shiliang, straightened out their development ideas and “borrowed a ship to go to sea” to start the market transformation from polypropylene to polyester, laying the foundation for the future development of Tongkun.

1992

Second across
  • 1995

  • Rapid Rise (1995-1996)

    In 1995, Tongkun completed the leap of production technology from conventional spinning to high-speed spinning, and the total economic volume of the enterprise jumped to the first place in Tongxiang.

1995

Third across
  • 1997

  • Take advantage of the opportunity to expand (1997-1998)

    In 1997, Tongkun bucked the trend in the Asian financial crisis and completed a series of large-scale expansion with the advantage of low cost, and the production of polyester filaments jumped to the first place in mainland China.

1997

Fourth across
  • 1999

  • Integration with international standards (1999-2007)

    In 1999, Tongkun set out to upgrade the process from slice spinning to melt straight spinning, prepared to build "Tongkun*China Chemical Fiber City" and completed the joint-stock reform, officially changed its name to "Tongkun Group", and went to the world with a modern corporate image.

1999

Fifth across
  • 2008

  • Growth against the trend

    At the moment of the outbreak of the global financial crisis, Tongkun used a unique strategic vision to build the 400,000-ton melt straight spinning project with the largest single-line production capacity in the world at that time, and introduced an excellent performance management model. After the project was put into operation, the group's production capacity jumped to the top of the global polyester filament industry in one fell swoop.

2008

Sixth across
  • 2011

  • Enter the upstream (2011-2015)

    In May 2011, Tongkun completed its listing on the main board of the Shanghai Stock Exchange, and used the power of capital to enter the petrochemical industry for the first time. The listing and investment project Jiaxing Petrochemical was put into operation the following year.In July 2014, when Governor Li Qiang went to Tongkun for research, he first proposed to encourage private enterprises to enter the upstream refining and chemical industry, thus opening the prelude for Tongkun to participate in the construction of Zhejiang Petrochemical's 40 million tons/year refining and chemical integration project.

2011

Seventh across
  • 2017

  • Whole chain development (2016-present)

    The all-round development of strong chains, complementary chains and extended chains; a nationwide layout of the entire industrial chain with multiple bases going hand in hand.

    The overall strategy of the whole industrial chain of the ”14th Five-Year Plan“ During the ”14th Five-Year Plan" period, we must continue to adhere to the strategy of the whole industrial chain, with “strengthening the chain, replenishing the chain, extending the chain, and all-round development” as the main gripper, with multi-regional layout as a breakthrough, do a good job in thought, organization, management, talent, and capital protection, and form a national whole industrial chain layout with multiple bases going hand in hand, and ultimately achieve the overall goal.

2017

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