Recently, the Ministry of Industry and Information Technology and the China Federation of Industrial Economics officially announced the 5th batch of manufacturing single champion products list, The petroleum resin products produced by Henghe Material & Science Technology Co., Ltd. were recognized as "national manufacturing single champion products."

The manufacturing "single champion" represents the highest level of development in the global sub-industry and the strongest market strength. It is the first phalanx of manufacturing companies and the vanguard of "Made in China". In order to implement the "Made in China 2025" and guide manufacturing companies to focus on intensive cultivation in product segments, the Ministry of Industry and Information Technology has initiated the selection of manufacturing single champion companies, aiming to cultivate and promote more manufacturing global single champions , To promote the industry as a whole to move towards the middle and high end of the global value chain.

Henghe Materials is a national high-tech enterprise specializing in the development, production and sales of ethylene by-product cracking C5 and C9 comprehensive utilization. For more than ten years, the company has focused on the research and development of the key core technologies of C5 and C9 petroleum resins. It is currently the largest petroleum resin research and development enterprise in China with the largest production scale, the best quality performance, and the most complete product range. The company is a high-tech enterprise, with two provincial-level R&D platforms, "Zhejiang Enterprise Technology Center" and "Zhejiang Enterprise Research Institute", and jointly established the "Zhejiang Applied Technology Collaborative Innovation Center" with famous domestic institutes. The petroleum resin produced by the company is a new type of chemical functional material with functions such as accelerators, regulators, and modifiers. Among them, the high aromatic hydrogenated petroleum resin is the first in China, filling the domestic gap in this field, and is the company’s current The extension of the product industry chain has enhanced the company's product competitiveness in the international market. The company invested in the construction of a 180,000-ton/year high-end petroleum resin project in October 2019, and plans to start production by the end of 2021. By then, it will greatly change the current domestic high-end resin import situation, and the overall scale of the company's petroleum resin will become the first in the world.

The recognition as the national single champion product in the manufacturing industry this time is an affirmation of the R&D innovation, industry status, brand value and comprehensive strength of Henge Materials. The company will use this as an opportunity to continuously expand the extension of the petroleum resin industrial chain and form a " The industrial layout with prominent main lines, diverse varieties, moderate scale, and distinctive features,and will continue to contribute efforts to “Made in China” by leveraging its leading advantages in technology and cost.