[Haichuan Chemical Salary News] Xinjiang Ili plans to invest 3.8 billion yuan in building a Kangrunjie environmental-friendly polylactic acid biodegradable polymer materials industrial park

In 2008, Kangrunjie established itself in the High-Tech Zone (New Urban Area) of Urumqi, becoming the only technology-based enterprise in Xinjiang dedicated to the production and sales of polyester biodegradable products. In 2015, Kangrunjie was listed on the National Small and Medium-sized Enterprise Equity Transfer System, becoming the first company in China specializing in biodegradable materials to be listed on the New Third Board. It is also currently the only company on the New Third Board that is dedicated to the production and research and development of biodegradable products. In 2016, **** and the State Council issued the \"Action Plan for Soil Pollution Prevention and Control.\" As a member of the National Standardization Technical Committee for Bio-based Materials and Degradable Products, Kangrunjie worked together with the **Standardization Committee to carry out the task of formulating standards for biodegradable agricultural films, and played an active role in developing the standard \"Fully Biodegradable Agricultural Ground Cover Films\" (GB/T35795-2017).** At present, Kangrunjie possesses three core technologies in the field of biodegradable polymer materials. Its applied research covers various sectors including agriculture (such as biodegradable plastic films and biodegradable pesticides with slow-release properties), healthcare (such as human-absorbable scaffolds, as well as materials for fixation, suturing, isolation, and cleaning; biodegradable products for maternal and child health and beauty use), daily life (such as biodegradable food storage bags, plastic wrap, garbage bags, and packaging film), and packaging (heat-shrinkable materials). The company’s range of products, including agricultural fully biodegradable plastic film additives, polyester biodegradable plastic films, biodegradable shopping bags, garbage bags, and nano-silver polyester biodegradable food preservation films, have been put into industrial production and sales. Compared to traditional plastic products that traditionally use polyethylene as their main raw material, the polyester, polylactic acid, polycarbonate and other materials developed by this company are made from small-molecule alcohols and acids, corn, waste carbon dioxide, and other sources. These technologies have been successfully applied to the company’s existing products; they not only increase the technological level of these products but also enable a shift from using petrochemical raw materials to bio-based materials and industrial waste. The transformation of research results has led to a significant environmental improvement, moving from simply replacing plastics with alternative materials to completely eliminating the use of petrochemicals.

As a **high-tech enterprise, Kangrunjie has always aimed to be a \"protector of the agricultural ecological environment and a leader in addressing white pollution.\" It is dedicated to the research, development, production, sales, and application of biodegradable polymer materials as well as related environmental protection products. It is the only company in Xinjiang that specializes in the production of biodegradable material products; its product technologies are at the leading level in China and advanced on the international stage, with complete independent intellectual property rights and core patents. As efforts to address environmental pollution intensify, various countries have introduced policies to implement environmental protection measures, with the control of soil pollution being a top priority in environmental protection. 2019 marked the 11th year since Mr. Kong Liming, the chairman of Kangrunjie, resigned from a university in Shandong and set out alone to start a business in Xinjiang. Over a period of more than 10 years, Kong Liming led his team to obtain invention patents for the synthesis technologies of three biodegradable polymer materials currently recognized worldwide: aromatic-aliphatic copolyesters, polylactic acid, and polycarbonates. The related products have also passed the dual certifications from the U.S. FDA and German TÜV Rheinland. The fully biodegradable plastic film has been demonstrated and promoted in 1 million mu of farmland across Xinjiang. In terms of product marketing, Kangrunjie makes full use of a diversified marketing approach that combines online and offline channels, as well as direct sales to B-side customers. With its headquarters located in the Urumqi High-Tech Zone (New Urban Area), it has established branches in various provinces and cities across China such as Beijing, Shanghai, Shenzhen, Xi’an, Chengdu, and the three northeastern provinces. It also has marketing teams in countries such as South Korea, Japan, and New Zealand, thus forming a marketing strategy that focuses on the domestic market while simultaneously striving to expand its presence in overseas markets. At the same time, apart from biodegradable plastic films, other biodegradable products manufactured by Kangrunjie are attracting increasing attention from customers both at home and abroad. For example, a large Japanese retail company that is part of the Fortune 500 reached out to Kangrunjie to purchase its biodegradable products, including wrapping films, plastic wrap, fruit preservation bags, paper cups, beverage cups, straws, and other such materials; it has since established a long-term partnership with Kangrunjie. As the global ecological environment continues to deteriorate and consumers’ awareness of health, as well as environmental concerns among people in various industries around the world, grows ever stronger, eco-friendly products are becoming an important choice in the market. Eco-tech products such as Kangrunjie biodegradable materials are receiving unprecedented attention and recommendation. From \"developing high-tech to achieve industrialization\" to \"developing high-tech to foster new industries\", the Urumqi High-Tech Zone (New Urban Area) has consistently pursued a development strategy driven by innovation. Facing the significant historical opportunity presented by the construction of the Wuchang Shi** Independent Innovation Demonstration Zone, Urumqi High-Tech Zone (New Urban Area) vigorously implements the new development concepts, fosters new economic sectors and generates new drivers of growth. From a strategic perspective, it promotes high-quality development and helps high-tech industries as well as strategic emerging industries take the lead across Xinjiang. “Biodegradable material products represent the main direction for the development of environmentally friendly alternatives to plastics in China and around the world in the future. ”Kong Liming said that as part of the \"new materials industry\" within the \"3+1\" industrial cluster in Urumqi High-Tech Zone (New Urban Area), we will continue to focus on product research and development, strive to improve the performance of these products, and represent the highest standards of biodegradable materials in China by going global and bringing honor to our country. Zhao Tianpeng, general manager of Xinjiang Torch Venture Capital Co., Ltd. (hereinafter referred to as Torch Venture Capital), said that as one of the first enterprises to receive investment and support from the new district’s state-owned venture capital platform, the fact that Kangrun Jieneng has secured orders from countries such as South Korea and Japan, which have the strictest plastic-prohibition regulations, proves that the quality and standards of this enterprise’s products have reached international advanced levels. It also marks a significant step forward for this enterprise in expanding into overseas markets. In the future, Torch Venture Capital will continue to leverage the advantages of state-owned venture capital by using investments to identify, attract, and nurture more high-quality enterprises in the new district. It will also enhance value-added services in all aspects, thereby accelerating the development of these enterprises, increasing their value, reducing investment risks, and boosting investment returns.