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Since the beginning of this year, Karamay Petrochemical Company has relied on technological innovation as a driving force, continuously deepening its development strategies of \"reducing oil production and increasing specialty products\" as well as \"achieving carbon neutrality along with innovation in three areas\", thereby pushing the industrial chain toward higher levels of sophistication, differentiation, and diversity. From January to November, the 11 new products developed independently by the company generated a total economic benefit of over 100 million yuan, achieving multiple breakthroughs in the fields of new energy and new materials. Focusing on emerging fields: Liquid cooling technology drives the revolution in green cooling. On November 25th, the first batch of EV140 charging station coolant products manufactured by Ke Shi Hua was shipped out. This product is a new innovation independently developed by Ke Shi Hua for the field of high-power charging facilities for new energy vehicles. In 2019, Ke Petrochemical established a R&D team to work on oil-based immersion liquid cooling technology. After hundreds of formula adjustments and over a thousand performance tests, the resulting product was able to operate stably in extreme conditions ranging from -40°C to 65°C. It possesses properties such as being non-toxic, easily biodegradable, and producing no ozone depletion; moreover, the lifespan of its key components is 50% longer than that of traditional air-cooled equipment. Currently, Keshi Chemical’s technology is gradually moving out of the laboratory. At the gas station on Shengli South Road in Karamay City, China’s first oil-based submerged liquid-cooling charging station is operating silently. This charging station, which covers an area of just 1 square meter, submerges the charging module and cables entirely in mineral-based hydrocarbon coolant, resulting in energy consumption that is 30%~50% lower than that of traditional air-cooled charging stations ； In the pilot projects for the \"East Data, West Computing\" hub nodes, Keshi Petrochemical’s coolant performed excellently over 33 months of use, with the customer placing three repeat orders for the product. Enhancing traditional advantages: Petroleum coke products entering the new energy industry chain. “Since the beginning of this year, sales of petroleum coke have increased by 17.59% on a year-on-year basis, reaching a record high.” ”The head of Keshi Petrochemical’s Marketing and Logistics Center explained that, as a by-product of petroleum refining, petroleum coke is a key raw material used in the production of photovoltaic panels, electrodes, and lithium battery anode materials. In recent years, affected by the increasing calcium content in crude oil and changes in the market environment, Keshi Petrochemical’s petroleum coke products have faced issues of declining quality and reduced profitability. Leveraging over 20 years of technical expertise, Ke Shi Hua has improved the quality of petroleum coke by optimizing the formula of desulfurization agents and adjusting process parameters, while strictly controlling key indicators such as ash content and sulfur content. Ke Shi Hua did not stop there; instead, it continued to invest in research and development efforts, striving to expand the market for high-end anode coals. It successfully developed petroleum coke specifically designed for use as anodes in lithium-ion batteries, a product whose quality met the requirements of customers, and this product was then put into industrial production. Deepening collaboration among industry, academia, research institutions, and end-users; high-end white oils enabling a variety of applications. Since the beginning of this year, Ke Shi Hua has increased its investment in research and development, successfully developing 5 types of high-end white oil products. The quality of these products meets the standards of imported products, thus becoming a new source of growth for Ke Shi Hua. “The specialty white oil for antifoam agents produced by Ke Shi Hua features excellent performance in the production of mid-to-high-end antifoam agents, in terms of key parameters such as viscosity and refractive index. ”According to user feedback, since trying out this product in March of this year, their purchasing volume has increased month by month, and a stable supply is now available. This custom-made white oil specifically designed for antifoaming agents is a \"new member\" of Keshi Petrochemical’s premium white oil series. It is capable of effectively reducing the interfacial tension between liquids and gases at the surface of various liquids, thereby preventing the formation and spread of bubbles. It is mainly used in fields such as paint manufacturing and injection molding. To expand the range of application scenarios, Ke Shi Hua actively builds cooperation platforms involving industry, academia, research, and practical applications. It jointly establishes laboratory facilities with well-known domestic enterprises to advance the research and development of special white oils, broaden the fields of application for new materials, and signs cooperation framework agreements to facilitate the industrial production of these innovations. As the largest high-end white oil production base in the country, Ke Petrochemical has currently developed more than 40 products across five series, creating a range of high-end white oil products for use in industries such as food, pharmaceuticals, cosmetics, and vaccines. It holds a significant share in China’s high-end white oil market, contributing to the modernization of this industry through its solid innovations.