CHINA RESOURCES CHEMICAL INNOVATIVE MATERIALS CO., LTD

CHINA RESOURCES CHEMICAL INNOVATIVE MATERIALS CO., LTD

China Resources Chemical Materials Co., Ltd. (referred to as "CR Chemical Materials") is a first-tier business unit under the technology and emerging industries sector of CR Group. It serves as the core platform for CR Group's new materials business development. Listed on the Shenzhen Stock Exchange ChiNext in October 2021 (stock code: 301090), it is recognized as a "Double Hundred" pilot enterprise by the State-owned Assets Supervision and Administration Commission of the State Council. The company specializes in polyester bottle pellets (PET) and specialty polyester (PETG) as its main business. It operates production bases in cities such as Changzhou and Zhuhai, with a polyester bottle pellet production capacity of 2.1 million tons and an annual PETG production capacity of 50,000 tons, making it a leading enterprise in the polyester materials sector. The company's products are sold worldwide and widely used in the fields of beverages, edible oils, alcohol packaging, medical blood collection tubes, films, sheets, etc. It has many well-known customers both domestically and internationally, including Coca Cola, Evian, Nongfu Spring, Wahaha, Yibao, Dingjin, Wuliangye, etc. The company's "Hualei" brand bottle grade polyester chips are a well-known food grade polyester chip brand in the industry. The company relies on technological breakthroughs to develop a circular economy and achieve a high proportion of recyclable materials.