On November 25, the Top 100 Fine Chemicals in China 2020 list was released in Shouguang, Shandong province. Zhejiang Longsheng Group Co., Ltd. retained the top spot, followed by Zhejiang Xinhecheng Co., Ltd. and Hebei Chengxin Group Co., LTD. Data show that the average main business income, average R&D investment and average gross profit margin of China's top 100 fine chemical enterprises in 2019 have increased year-on-year, and there are 77 enterprises on the list in the eastern region, which is the most concentrated region of the top 100 fine chemical enterprises.

The Top 100 Fine Chemicals in China this time covers all fine chemical sub-industries, and the enterprises are distributed in China's four major economic regions. There are 77 companies in the eastern region, 14 in the central region, 7 in the western region and 2 in the northeast region. The eastern region is the region with the largest concentration of leading fine chemical enterprises in China.

The average main business revenue of China's top 100 fine chemical enterprises in 2019 was 6.2 billion yuan, an increase of 7% year-on-year (5.8 billion yuan in 2018); The average R&D investment (the proportion of R&D expenses to main business revenue) was 4.14%, a slight increase year-on-year (3.81% in 2018); Average gross margin was 29.8%, up 1.8 percentage points year-on-year (28% in 2018).

The geographical distribution of China's top 100 fine chemical enterprises is uneven, the gross profit margin of enterprises is different, and the research and development investment is different. In the list of China's top 100 fine chemicals in 2020, the gross profit margin of most enterprises is more than 30%, and the highest gross profit margin of enterprises can reach 76%, but there are still individual enterprises with gross profit margin below 10%. The R&D investment of most enterprises is more than 4.0%, and the highest R&D investment of enterprises is 12.0%, but there are still some enterprises' R&D investment is less than 1%.

Fu Xiangsheng, vice president of China Petroleum and Chemical Industry Federation, said that fine chemical industry is the symbol of the overall technical level of the chemical industry, and even the embodiment of the overall technical level of a country, so the level of innovation and innovation ability is the key to the development and competitiveness of the fine chemical industry. Green development is one of the keys to the development of fine chemicals, and safe development is a bottom line for the development of fine chemicals. This requires us to vigorously innovate green technologies, promote cleaner production, do a good job in source prevention, process control and comprehensive treatment, increase the innovation and promotion of green clean processes and new technologies, and comprehensively improve the level of green development of enterprises and the whole industry; Start from the details, do not let go of any safety risks, and further improve the professional safety management level of the fine chemical industry.