Fuhai Group New Energy Holding Co., Ltd. (referred to as Fuhai Group) is a large-scale energy and chemical enterprise integrating petrochemical, coal chemical, new chemical materials, clean energy, logistics distribution, terminal retail, and real estate businesses. Granted as one of the Top 500 Chinese Enterprises for seven Fuhai Group is deeply involved in the field of energy and chemical industry. It has two major production bases, Dongying Hualian Petrochemical Co., Ltd. and Dongying United Petroleum Chemical Co., Ltd., with crude oil processing capacity of 10 million tons per year, providing high-quality gasoline,diesel and chemicals for more than 10,000 customers at home and abroad, has more than 600 self-built, franchised and cooperative oil and gas stations, operates more than 2,000 hazardous chemical transport vehicles, and has an annual transport capacity of 20 million tons. At present, centering on the development idea of "focusing on the main business, innovation-driven,competition and symbiosis, high-end brand", in accordance with the industrial structure of "one body and two wings", we are fully implementing the strategy of the Bohai Bay Greater Bay Area, opening up the aromatics and olefin industry chain, and vigorously developing new chemical materials. Now it has an annual output of 2 million tons of PX and 2.5 million tons of PTA, and is building a 1.5 million tons/year polyester packaging material project to open up the "refining-aromatics-polyester" chain. Fuhai Group actively promotes the innovation-driven strategy, and builds a scientific and technological innovation system integrating basic research, engineering development, and product application research and development. Fuhai Research Institute has established research and development bases in Dongying and Shanghai at the same time, focusing on cutting-edge technologies such as fully biodegradable plastics, special engineering plastics, differentiated polyesters, functional polymers, special fibers and films , making technical research in organic synthesis, polymer polymerization, polymer modification and other aspects, and trying every effort to build a "basic chemical raw material-key monomer-high-performance polymer-end application development" value chain combining production and research. Integrate superior resources, and be driven by scientific and technological innovation. Fuhai Group will firmly follow the road of refining and petrochemical integration, go hand in hand with domestic and foreign partners, strive to become the integrator of the top value chain and the creator of high added value in the field of energy and chemical industry, and build a professional, intensive and high-end energy and billion level energy and chemical industry group.