The company is an A-share listed company controlled by Tianjin Bohai Chemical Group. It has the Ministry of Safety and Environmental Protection, the Audit and Legal Affairs Department, the Finance Department, the Asset Department, the Strategic Enterprise Management Department, the Human Resources Department, the General Manager's Office, the Management Department, the General Management Department, the Party Committee Work Department (including the Commission for Discipline Inspection, Trade Unions, League Committee), and the Finance and Securities Department. The company was formerly known as Tianjin Universal Magnetic Card Co., Ltd. The company has the first domestic production device for propane dehydrogenation to propylene imported from abroad. It is the first listed company in Tianjin and the first listed company in the Chinese card industry. The company's main business consists of two parts: propylene sales, propane sales, hydrogen sales, petrochemical products trade, and the wholly-owned subsidiary Magnetic Card Technology data card products, printing products, intelligent application systems and supporting equipment products. The company honors the provincial and ministerial enterprise key laboratory and municipal technology center. The subsidiary Bohai Petrochemical passed the 2018 Tianjin Clean Production Assessment and Acceptance and won the title of “Tianjin Clean Production Enterprise”; in 2019, it became a national “Level 1 Enterprise for Safety Production Standardization for Hazardous Chemicals Workers”; was selected as “Benchmark Enterprise of the Year for Equipment Information Management” in the 2019 China Equipment Management Conference series of recommendation activities; “Tianjin's Class A Enterprise for Heavy Pollution Weather Performance” and “Tianjin Environmental Protection Enterprise Leader”.
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