The company's total investment amounts to approximately 400 million yuan, with 200 million yuan already invested in the first phase. The construction of an automated and intelligent production line for comprehensive resource utilization has been completed, with a disposal capacity of 50,000 tons per year. The main products include chromium trioxide, high-end chromium hydroxide, precious metals, etc., which are widely used in metallurgy, pigments, catalysts, new energy materials, and other fields.
The company's predecessor was Xianju New Century Material Factory (2005-2014) and Zhejiang Jinge New Material Technology Co., Ltd. (2014-2021). In 2021, due to resource integration and transformation and upgrading of the park, the government reallocated land to Zhejiang Hongyan Technology Co., Ltd. for the construction of modern factories and automated production lines. The new production line was put into operation in August 2024, achieving annual sales revenue of approximately 700 million yuan and generating nearly 100 million yuan in taxes and profits.
The company collaborates with renowned domestic universities and research institutions, emphasizing talent introduction and cultivation, and actively engaging in technological research and innovation, which has enabled the company to achieve advanced levels in precious metal extraction technology and comprehensive utilization technology of chromium-containing resources in the industry. The company advocates the values of "shared philosophy and joint vision", fosters a team culture of responsibility and collaborative win-win, and is committed to becoming a globally leading benchmark enterprise in comprehensive resource recycling and utilization, as well as a practitioner of green and low-carbon economy.
Recently, we have been in talks with Fortune 500 companies regarding investment cooperation matters.