37 Years of Dedication to the Industrial Sector: Xinhecheng forges a legend of growth

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Since its establishment in 1988 with a loan of 100,000 yuan, Xinhecheng has spent 37 years working hard to grow from a school-run enterprise into one of China’s top 500 private enterprises. It now has two listed companies and has written a remarkable chapter in the history of using business to serve the country. Adhering to the philosophy of \"creating wealth, empowering employees, and benefiting society,\" the company has focused on areas such as fine chemicals, pharmaceuticals, and new materials, thereby becoming a leader in these industries. Over 37 years, Shin-Etsu has achieved remarkable success: it has filled numerous gaps in the domestic vitamin industry, mastered the core technology related to methionine to ensure self-sufficiency, developed a range of new material products, and expanded its presence in more than 120 markets around the world. Over the 20 years since its listing, the company’s revenue has increased by 18 times, its net profit by 79 times, and it has distributed a total of 16.8 billion yuan in dividends. At the same time, the company is deeply committed to philanthropy; it donates funds for education and establishes international awards in the field of green chemistry, taking practical actions to fulfill its social responsibilities and moving steadily toward the goal of \"creating a better life.\"