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Jiangsu Guoheng New Materials Technology Co., Ltd. is a second-level subsidiary of Guoen Co., Ltd. (stock code: 002768), an A-share listed company, with a registered capital of 160 million yuan. The company is located in Yangzhou Chemical Industrial Park, Yizheng City, Jiangsu Province, in the center of the chemical industry along the Yangtze River in Jiangsu Province, and is located in an important transportation hub in the Yangtze River Delta.

The company has an annual production capacity of 200,000 tons of polypropylene (PP) resin, and the sales volume of products has increased steadily, and the products are widely used in the manufacture of plastic products, woven bags, non-woven fabrics, toothbrush drawing, medical infusion tubes, infusion bottles, etc.; It coincides with the main product application fields of Guoen Co., Ltd.'s current modified materials, and has obvious advantages in the scale of upstream and downstream integration, and has strong market competitiveness. The strategic investment in Jiangsu Guoheng is an important measure for Guoen to comprehensively build the industrial spatial pattern of large chemical and fine chemicals.

Polypropylene (PP) is the lightest density of modified material raw materials, and has the advantages of easy processing, impact strength, flex resistance, good electrical insulation, non-toxic and high temperature resistance, etc., and has a wide range of applications in daily products, automotive industry, household appliance components, electronics, packaging, building materials, furniture and medical equipment. Through the production of polypropylene (PP) resin materials, the company will realize the integrated production of meltblown non-woven fabrics, degradable materials, pre-coated, BOPP capacitive films and other fields, as well as continuous fiber polypropylene modified materials in automobiles, home appliances, wind power and other fields. Effectively reduce product costs and enhance market competitiveness.

The company has passed the joint acceptance of Yangzhou Fire Detachment, Yangzhou Safety Supervision Bureau, Environmental Protection Bureau and other departments, and has passed the joint acceptance of Yangzhou Environmental Protection Bureau and Nanjing Chemical Vocational and Technical College, and has been rated as "Cleaner Production Enterprise" and "Safety Production Standardization Secondary Enterprise" by Jiangsu Safety Production Association. The registered trademark of the company's "Qionghua" was rated as "Yangzhou Famous Trademark" and "Jiangsu Famous Trademark". The company's polypropylene workshop was awarded the honorary title of "Worker Pioneer" by Yangzhou Federation of Trade Unions and "Worker Pioneer" by Jiangsu Federation of Trade Unions, and the company's laboratory was rated as "Women's Pacesetter" by Yangzhou Federation of Trade Unions.

The company implements scientific management and has a high-quality team engaged in new materials, new technology research and development and trade sales. The company has always adhered to the business philosophy of "honoring contracts, keeping promises, safety first, mutual benefit and win-win", in line with the spirit of free and equal contract, with advanced technology, cheap and high-quality professional products, high-quality and efficient after-sales service, and constantly meet the needs of customers and the market.