Tianjin Bohai Chemical Co., Ltd. (600800)

Overview

Tian Jin Bohai Chemical Co., Ltd., formerly known as Tianjin Global Magnetic Card Co., Ltd., transitioned its brand identity in February 2021 to reflect its expanded business focus. Since its inception in 1979, the company has established itself as a prominent player in the propane-to-propylene sector within China. Positioned in Tianjin, China, the company demonstrates a diversified business model that encompasses not only the chemical industry but also delves into the design, research and development, production, sales, and service of smart card technologies. Its portfolio extends into both financial and non-financial IC cards, alongside comprehensive city card management systems and support equipment services, further augmented by a printing business wing. Tian Jin Bohai Chemical Co., Ltd.'s evolution signifies its ambition to intertwine traditional chemical processes with advanced technological solutions, catering to a wide range of sectors including social security, finance, public transportation among others.

Products and Services

• Propylene, Propane, and Hydrogen: The company's roots are deeply entrenched in the chemical sector, specializing in the sale of basic but essential petrochemical components like propylene, propane, and hydrogen. These products form the backbone of various industrial processes, highlighting the company's critical role in the petrochemical supply chain.
• Petrochemical Trading: Beyond its production capabilities, Tian Jin Bohai Chemical Co., Ltd. engages in the trading of a broad spectrum of petrochemical products. This aspect of the business enables the company to leverage its industry insights and market access to facilitate trade deals and supply chain solutions for its clients.
• Smart Cards: The company's foray into smart card technology encompasses a vast array of products including:
  • Financial IC Cards: This category includes innovative solutions like social security cards and standard bank IC cards, which are essential tools in modern financial transactions and social welfare distributions.
  • Non-Financial IC Cards: Catering to transportation and other sectors, these cards simplify access and payment systems for end-users, enhancing the convenience and efficiency of public services.
• Personalized Data Services: Complementing the smart card offerings, the company also provides personalized data services for related card products. This service ensures that each card is tailored to meet the specific needs and requirements of its users, enhancing security and user experience.
• City Card Management System and Supporting Equipment Services: This comprehensive service is designed to manage city card systems effectively, covering everything from the initial setup to ongoing maintenance. It serves as a testament to the company’s capability in offering end-to-end solutions in the smart card domain.
• Printing Business: The inclusion of a printing business unit within its portfolio allows Tian Jin Bohai Chemical Co., Ltd. to offer ancillary services that complement its primary offerings. This unit focuses on printing services related to the company’s main products, including smart cards and other related materials.