Is a state-owned wholly-owned holding company,which belongs to Shandong energy Zikuang group. It was established in October 2015 with a registered capital of 547 million yuan. The company is developed from the transformation of Bucun coal mine of Zikuang Coal mine group. It is a benchmark enterprise of coal mine transformation and development, and highly affirmed by governments at all levels. At present, the main business of the company is high-performance nylon, supplemented by halogen-free flame retardant and other industries. At present, the company has two branches of Shandong Xinsheng thermal power plant and Shandong Xinsheng mining products factory, and seven subsidiaries of Shandong Dongchen Ruisen New Material Technology Co.,Ltd.,Shandong Taixing New Material Co.,Ltd.,Shandong Xinsheng Photoelectric Technology Co.,Ltd.and Jinan Chenglong building materials Co.,Ltd. By the end of 2019,the company has 822 registered employees, including 227 professional and technical talents, including 25 senior, 85 intermediate and 117 junior; 25 high-level talents and 442 skilled talents, including 23 senior technicians, 44 technicians, 89 senior workers, 154 intermediate workers and 132 junior workers. By the end of 2019, the total assets are 1.56 billion yuan, the asset liability ratio is 24.26%, and the bank credit is good. In 2019, the company will achieve an operating revenue of 1311.87 million yuan and a total profit of 22.24 million yuan.