The company is a joint-stock enterprise controlled by the Zhuji Municipal Water Affairs Group and approved for establishment by the Securities Commission of the Zhejiang Provincial People's Government. It was officially listed on the Shenzhen Stock Exchange in July 2008. Its principal production equipment is sourced from globally leading manufacturers, making it one of China's most advanced producers in terms of manufacturing technology and capacity, as well as a pioneer in the modernization and internationalization of multifunctional packaging materials. The company is a national high-tech enterprise specializing in the research, development, production, and sales of plastic films and new materials. Its core product lines include CPP film, BOPET film, BOPP capacitor film, and optical-grade films. Over the years, the company has been recognized with numerous prestigious awards, including "National Large Enterprise," "Top 500 Industrial Enterprises in China for Overall Performance," "Top 20 Township Enterprises in Export Earnings," "Leading Enterprise in China's Plastic Packaging Industry," and "Key Backbone Enterprise under Zhejiang Province's 'Five‑in‑One' Program."
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Production and sales of plastic films, plastic products, and lithium‑ion battery separator membranes; research, development, and sales of optical films, lithium‑ion batteries, and related materials; and import and export operations (details of the scope are set forth in the approval documents issued by the foreign trade and economic cooperation authorities). (For projects that, pursuant to law, require approval, business activities may be conducted only upon obtaining such approval from the relevant authorities.)