The company was founded in June 1996 and successfully listed on the Shenzhen Stock Exchange in November 2017. It has consistently placed great emphasis on technological innovation and talent development, establishing industry–university–research collaboration mechanisms with numerous prestigious domestic universities. The company has also set up the Jiangsu Provincial Alcohol Ether Engineering Technology Research Center and a national-level postdoctoral workstation, thereby cultivating a highly qualified technical team that enables the company to independently research, develop, and commercialize new products and processes. The company's core business encompasses the R&D, production, and sales of alcohol ether and alcohol ether ester-based organic chemical products, propylene oxide, and hydrogen peroxide. Its main product lines include alcohol ether and alcohol ether ester series, propylene oxide, and hydrogen peroxide. The company has received several honors, including the Science and Technology Progress Award from the China Petroleum and Chemical Industry Federation and the Scientific and Technological Achievement Appraisal from the Jiangsu Provincial Department of Science and Technology.
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Production of alcohol ether and alcohol ether acetate series products (operated within the scope specified in the safety production license); operation of hazardous chemicals (operated within the scope and in accordance with the methods specified in the license); production of alcohol ether and alcohol ether acetate series products (excluding hazardous chemicals); production and sales of motor vehicle brake fluids and automotive engine coolants; sales of chemical products and raw materials (excluding hazardous chemicals); research and development of chemical products and their production technologies; self-operated and agency import and export of various goods and technologies (except for goods and technologies whose import and export are restricted or prohibited by the state); electricity sales. (For projects that, according to law, require approval, business activities may only be carried out after obtaining approval from the relevant authorities.) General items: engineering management services; sales of new catalytic materials and additives; sales of specialized equipment for oil refining and chemical production; sales of specialized environmental protection equipment; sales of refrigeration and air-conditioning equipment; sales of instruments and meters; sales of pumps and vacuum equipment; sales of gas and liquid separation and purification equipment; R&D of electronic specialty materials; technical services, technological development, technical consulting, technical exchange, technology transfer, and technology promotion. (Except for projects that, according to law, require approval, business activities may be conducted independently in accordance with the business license.)