The company is headquartered in Hangzhou, China. It is an important pillar enterprise under Zhejiang Rongsheng Holding Group, one of the world's top 500 companies, and is one of the leading private petrochemical enterprises in China. The company is mainly engaged in R&D, production and sales of various oil products, chemicals and polyester products. The company's main products: refining products, chemical products, PTA, polyester chips, polyester wire and film, etc. Company honors: Zhejiang Famous Brand Products, Outstanding Science and Technology R&D Enterprise in China's Knitting Industry, Zhejiang Province Academician Expert Workstation, Zhejiang Trademark Brand Demonstration Enterprise “7th in the Global Chemical Most Valuable Brand List”, “11th in the Global Chemical Top 100”, “16th in the C&EN Global Chemical Industry Top 50”, “15th place in the Global Chemical Companies Billion-Dollar Club”, “14th place in 2024 Global Chemical Companies Top 50”, “Top 500 Petroleum and Chemical Companies in 2023 Honors include “2024 Semi-Annual Report No. 2/163 (Independent Production and Operation)”, “2023 Listed Company Board Best Practice Award”, and “2023 ESG Best Practice Case of Listed Chinese Companies”.