Baotou Tomorrow Technology
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Formerly called
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Baotou Yellow River Chemical Industry | ||||||||
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| public | |||||||||
| Traded as | : | ||||||||
| Founded | 1997 | ||||||||
| Founder | Baotou Chemical Industry Group | ||||||||
| Headquarters | Baotou, China | ||||||||
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Key people
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| Revenue |
 CN¥22.0 million (2015) |
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CN¥28.8 million (2015) |
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| Profit |
CN¥33.8 million (2015) |
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| Total assets |
CN¥1.265 billion (2015) |
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| Total equity |
CN¥874.3 million (2015) |
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| Owner |
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| Website | tomotech.com | ||||||||
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Footnotes / references in a consolidated basis |
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Baotou Tomorrow Technology Co., Ltd. known also as Tomorrow Technology or BTTT is a Chinese listed company based in Baotou, Inner Mongolia. Tomorrow Technology is an associate company of Tomorrow Holding, a company related to Xiao Jianhua.
Baotou Yellow River Chemical Industry Co., Ltd. (Chinese: 包头黄河化工股份有限公司) was incorporated on 26 June 1997 as a subsidiary of state-owned enterprise Baotou Chemical Industry Group Corporation (Chinese: 包头化工集团总公司). The company became a listed company in the same year, with the parent company still owned 57.53% shares as at 31 December 1999.
In 1999 "Beijing Beida Tomorrow Resources Technology" (Chinese: 北京北大明天资源科技) acquired 47% stake of Baotou Chemical Industry Group Corporation for CN¥108.6264 million and renamed to "Baotou Beida Tomorrow Resources Technology" (Chinese: 包头北大明天资源科技). Due the change of ownership of the holding company, Yellow River Chemical Industry also renamed to Baotou Tomorrow Technology Co., Ltd. on 3 September 1999. On 15 April that year Xiao Jianhua also became the new director and chairman of the listed company. Xiao Jianhua step down as the chairman on 27 December 2000 and resigned as a director on 10 April 2001. Baotou Beida Tomorrow Resources Technology also sold 16.64% stake of Tomorrow Technology to Baotou Beipu Industry (Chinese: 包头市北普实业) for CN¥290.08 million (CN¥5.18 each) in 2002. Tomorrow Technology acquired 80% stake of a subsidiary of Baotou Beipu Industry for CN¥30 million on 6 April 1999. Baotou Beida Tomorrow Resources Technology owned 22.09% shares of Tomorrow Technology at the end of year 2002. According to a publication of Tsinghua University Press, Baotou Beipu Industry was in fact 100% owned by Beijing Beida Tomorrow Resources Technology at that time. Yellow River Chemical Industry also sold a subsidiary to Beijing Beida Tomorrow Resources Technology CN¥20.94 million on 23 December 1998.
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