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Kanghui New Material Technology Co.,Ltd. is the key investment promotion project of Xianren island energy & chemical area in Yingkou city and the holding subsidiaries of the listed company Hengli Petrochemical Co., Ltd. (stock code 600346). Kanghui petrochemical project plans a total investment of RMB 8 billion and will found a new polyester production base with an annual capacity of 800，000 tons, and now has completed PBT engineering plastic project with an annual capacity of 160,000 tons, 200,000 tons of  new biaxially oriented polyester film (BOPET) film project as well as 200,000 tons of film grade polyester chips. Relying on the advanced international technology and imported the world-renowned German advanced production line, the implementation of the project can promote Chinese BOPET film and engineering plastic industry manufacturing level entirely and optimize petrochemical industry structure in Yingkou city even in Liaoning province. The expected sales income will be RMB10 billion after the project being put into operation.
   
The Xianren island area which is located on the scenic Liaodong Bay of the Bohai Sea has a temperate maritime climate with four distinct seasons and appropriate rainfall all year round. This area borders on Dalian in the south, is near the national development zone-Bayuquan economic and technical development zone of Yingkou city in the north and to the Bohai seashore in the west. The high speed railway special passenger line from Harbin to Dalian, the expressway from Shenyang to Dalian, the high way from Heihe to Dalian (202 national road) and the railway from Changchun to Dalian are passing through this area which has a convenient transportation, an advantageous harbor logistics supporting and an obvious location advantage.

Xianren island energy & chemical area in Yingkou city hang on to the three opportunities which are the promotion of the northeast old industry base, the development of Liaoning coastal economic zone and the construction of Shenyang economic zone. It will highlight three blocks of port logistics, energy & petrochemical and coastal tourism, implement the harmonious development strategy “One body, two wings”, speed up the formation of large petrochemical industry cluster and promote harmonious development between city and countryside. The chemical area will become petrochemical industry cluster with RMB100 billion annual production values and the main part of coastal economic development zone in Liaoning according to the plan.

Seizing the opportunities and taking full advantage of auxiliary service, industrial policy and good political environment of energy & chemical area, Yingkou Kanghui Petrochemical Co., Ltd will do his effort to build the important new industry base with scientific planning, constructing and operating under high standard. Yingkou Kanghui Petrochemical Co., Ltd will play a positive role to promote the rapid industrial agglomeration of upstream and downstream, accelerate the construction of Xianren island energy & chemical area and promote the economic development of Gaizhou city and Yingkou city.