Development

History

History

Development history

Period of Rapid Development

In 2020, sales reached 30,000 tonnes, with an output value of RMB 150 million; In 2021, sales reached 40,000 tonnes, with an output value of RMB 270 million; It is anticipated that, starting in 2022, construction will commence on the Guangxi base.

Stable phase

From August 2017 to September 2019, the “Bright Crystal” project—comprising an annual production capacity of 6,000 tonnes of acrylic resin, 50,000 tonnes of acrylic emulsion, and 100,000 tonnes of styrene-butadiene latex—was constructed and put into operation.

Growth period

Achieved sales of 15,000 tons of emulsion; commenced planning for the establishment of a new production base, and on August 3, 2016, Fujian Liangjingjing New Materials Co., Ltd. was founded.

Growth period

Achieved sales of 8,000 tons of emulsion; formulated the company’s first five-year plan for 2016–2020, marking the company’s entry into a phase of planned development.

Early stage

Achieved sales of 4,000 tons of emulsion; Expanded from a single product to a diversified product portfolio; Diversified the customer base from a single segment to multiple segments, entering fields such as textile coatings, footwear materials, artificial turf, and regenerated leather.

Early stage

On March 8, 2013, Hangzhou Rongjiao Chemical Co., Ltd. was established; sales reached 2,000 tons of products; the company operates a single-product line, with its products primarily used in the masking tape industry.