Guided by the innovation-driven strategy, we established the Fuhai Research Institute in 2019 and the R&D bases in Dongying and Shanghai in 2021, which are equipped with a team of scientific research experts who once worked for global top 100 industrial enterprises and world leading-level scientific research facilities for organic synthesis, polymerization, processing and molding, analysis and testing, etc. Up to now, we have applied for more than 100 patents, among which more than 50 are invention patents. In the future, Fuhai Research Institute will make every effort to develop a whole industry chain that ranges from raw materials, key monomers, high-performance polymers to end use, with focus on the technological innovation for new high-performance materials, the cutting-edge technologies for producing fully biodegradable plastics, special engineering plastics, differentiated polyesters, functional polymers, special fibers and films, key monomers, modified plastics, etc., in hope to provide new material solutions for making our life more beautiful, comfortable, and convenient.