Green Intelligence, Advancing Together
Pioneering the Journey Toward World-Class Enterprise Excellence
2025 marks the concluding year of the 14th Five-Year Plan and a pivotal year for our company to drive high-quality development and enhance overall strength. Adhering to the core business principle of "steady progress with forward momentum," we have deeply implemented the "1+N" strategy and AI-driven intelligence initiative, actively adapted to market dynamics, forged new pathways amid challenges, and consolidated competitive advantages through independent innovation. Our unwavering commitment to transitioning toward "high-end, green, and intelligent" development has propelled us forward with determination. Under the guiding vision of becoming a world-class energy and chemical enterprise, our management and staff have demonstrated unity, positive energy, and an unyielding spirit of victory. Thanks to the collective efforts of all employees, we have delivered a stellar annual performance characterized by "enhanced quality and efficiency, and green intelligence transformation."
This year, we leveraged the "1+N" strategy to optimize industrial layout. The 100,000 ton/year POE industrial-scale plant achieved mass production, setting industry-leading benchmarks across multiple metrics. Products such as EVA, acrylonitrile, and MMA maintained their market leadership, while a diversified portfolio of high-value-added downstream products—featuring ultra-high molecular weight polyethylene, PETG, CHDM, EC/DMC, POSM, and polyols—was established. Our industrial innovation capacity has been further strengthened with the founding of the Company’s Shenghong Advanced Materials Research Institute, creating a closed-loop innovation ecosystem spanning R&D, pilot testing, and commercialization. The Shenghong Advanced Functional Fiber Pilot Platform of the Company was selected for the Ministry of Industry and Information Technology’s first batch of key pilot platforms for cultivation, while the National East-Mid-West Regional Cooperation Demonstration Zone New Materials Pilot Base is progressing as scheduled, laying a robust foundation for integrating innovation chains with industrial chains.
This year, we harnessed intelligent transformation to elevate operational efficiency. The Company deployed China’s first digital twin model for PDH units, achieving cost reduction and efficiency gains. The Company’s "Dark Lab" (fully automated laboratory) has been operational under Sierbang Petrochemical, utilizing robots to replace manual operations and enhancing precision and safety in experiments. Our independently developed "Shenghong Process Industry Intelligent Large Model Platform" has been launched, seamlessly integrating intelligent agents (Agents), models, and data to empower frontline production and functional staff. Our intelligent transformation has gained national recognition: Shenghong Refining & Chemical was honored as a "National Advanced Collective in the Industrial and Information Technology System," while Shenghong Refining & Chemical’s 16-million-ton integrated refining and petrochemical intelligent factory and Sierbang Petrochemical’s alcohol-based multi-product intelligent factory were named "Jiangsu Provincial Level Advanced Intelligent Factories," establishing a new industry benchmark for manufacturing transformation.
This year, we championed green and low-carbon development to explore sustainable growth. Our company now operates two globally pioneering green industrial chains: A carbon capture-based polyester fiber production line that transforms CO2 into textile raw materials, reducing carbon emissions by 28.4% compared to virgin polyester; and a polyester fiber production system utilizing recycled mineral water bottles, effectively balancing economic and environmental benefits. The Reborn Technology project for direct spinning of recycled polyester flakes won the Second Prize of Jiangsu Provincial Science and Technology Progress Award. The carbon capture fiber case was featured in Fortune China’s "Best Design List." Our green fiber products have gained widespread market recognition, becoming a hallmark of our sustainable development.
Looking ahead to 2026, as a leading enterprise in the petroleum refining and chemical industry, our company will continue to align with national policy directions, lead industry trends, and identify stability amid change. Guided by our mission to "Practice Excellence, Lead the Future," we will firmly grasp the trends of high-end, intelligent, and low-carbon development. Seizing strategic opportunities, we will unswervingly advance high-quality growth, comprehensively upgrade integrated refining and chemical capabilities, accelerate the construction of high-end deep-processing industrial chains, intensify R&D investment, promote AI technology applications, and drive industrial transformation. We remain committed to collaborating with all stakeholders to steadily advance toward our goal of becoming a globally competitive world-class energy and chemical enterprise, contributing to high-quality industrial development and sustainable national industrial growth.