Wenshang Huachen New Materials Co., Ltd. Was established in August 2019 with a registered capital of 50 million yuan only, covering an area of 92.4 mu, with 126 employees and 25 R&D personnel. The first phase of the project has a production capacity of 15, 000 tons per year, which is located in Wenshang County Chemical Industry Park, Jining City, Shandong Province. The company has signed contracts with Wuhan University and Nanjing University Key Laboratory of Silicone Chemistry and Materials Technology, and is a high-end fine chemical enterprise specializing in the research, development, production and sales of new materials and their products in silicone. The company has a number of intellectual property rights, especially the transesterification process and solvent-free cracking process, which have won national patents. The company's products are high-performance new materials. Due to the extensive downstream demand, the demand growth rate in silicone has been higher than the global GDP growth rate. Products are widely used in electronic and electrical, construction, chemical industry, textile, light industry, medical treatment and other industries, and with the continuous growth of the number and variety of products in silicone, the application fields are constantly broadened, forming a unique and important product system in the field of new chemical materials, many of which are irreplaceable and essential by other chemicals.