On May 28, the signing ceremony of the antioxidant cooperation project between Dawn Group and Jiangsu Hanguang Industrial Co., Ltd. (referred to as Jiangsu Hanguang) was held at the headquarters of Dawn Group. Gu Faming, Chairman of Jiangsu Hanguang and his team; Yu Xiaoning, Chairman and President of Dawn Group; Vice Presidents Song Huidong, Qiu Huanling, Wang Keyou, Liu Lili, Xie Yuntao, and heads of relevant functional departments attended the event and witnessed the signing ceremony.

According to Vice President Song Huidong, Jiangsu Hanguang was established in 1986 and is committed to the research, development, production, and sales of antioxidants. It has the research and development, and production capabilities of two major categories of additives for refining and the chemical industry. It is the first domestic company to replace imported antioxidants from abroad fully. It is a strategic cooperation supplier of many large petrochemical companies such as CNPC, Sinopec, and CNOOC, and has contributed to the comprehensive localization of antioxidants in my country's high-end polyolefin industry. This cooperation is an active response to the call for "breaking through the 'bottleneck' technology of key additives" in the "14th Five-Year Plan" new materials industry development plan. It is a chemical fusion that helps the core capabilities of both parties and exerts the synergistic effect of "1+1>2".
According to the plan, the two parties jointly established Dawn Hanguang New Materials (Shandong) Co., Ltd. in Longkou, relying on the Longkou (Dawn) New Materials Science and Technology Industrial Park to build a high-value-added antioxidant industry project, and use it as the headquarters production base and industry core, with two production bases in Daqing and Yixing. Through the dual-wheel drive of "mergers and acquisitions + new production capacity", the two parties' channels, technologies, and resource advantages are deeply integrated, becoming the only company in China with antioxidant, refining additive, and catalyst R&D, production, sales, and services, providing customers with polyolefin product development, production technology guidance, polyolefin product customization, product underwriting, and downstream customer use services, helping to create a one-stop service ecosystem for the chemical and plastic industry.

"Today is May 28th. 528 represents prosperity for you and me. It is a great day with good fortune!" Chairman Gu Faming said that Dawn and Hanguang have known each other for a long time, and today's signing is a heaven-sent match. As one of the top 500 private enterprises in China, Dawn Group has brand advantages, talent advantages, management advantages, and market advantages. In particular, Chairman Yu Xiaoning's professionalism, business and management philosophy, social responsibility, and personal charm deeply touched us and attracted us to join Dawn Group. "Dawn and Hanguang are in the same industry and track. The two companies have complementary advantages. We have the ability and confidence to be No. 1 in the industry." From strategic consensus to industry insight, Chairman Yu Xiaoning said that the cooperation between the two parties stems from the deep coordination of the upstream and downstream of the industrial chain, the strong escort of Longkou's business ecology, and the resonance of the sentiment of serving the country through industry. "For us to carry out in-depth cooperation in the field of antioxidants, we must lead the industrial transformation with green intelligent manufacturing at the level of technological innovation; at the level of market application, emerging demands will expand broad space; at the level of competitive landscape, industry integration and segmentation breakthroughs coexist."

Talking about the blueprint for cooperation and future prospects, Chairman Yu Xiaoning said that we should focus on three "integrations", namely, building an integrated system of technology chain, creating an integrated closed loop of industrial chain, and developing a global integrated layout. This signing is not only a strong combination of the two industry-leading companies integrating advantageous resources, but also a vivid practice of promoting the construction of a closed-loop ecology of Longkou's "100 billion-level" chemical new materials industry cluster. The two parties will rely on Longkou's superior chemical industry foundation and policy dividends to build a world-class antioxidant production base; promote the deep integration of both parties' technology accumulation and industrial transformation capabilities, and give birth to more subversive results; achieve leadership in segmented fields; and show the world the strength and responsibility of China's chemical industry.