Shandong Yinguang Chemical Industry Group reports strong sales revenue for Q1 2009

2009-05-15 Jinan

Shandong Yinguang Chemical Industry Group, a leading civil explosive materials provider in China, reported sales revenue of RMB350 million (approx. US$51.3 million) in the first quarter of 2009, thanks to mergers and acquisitions and reorganizations. With assets totaling RMB1.2 billion (approx. US$176 million million), the company has a total of 30 subsidiaries.