Company name: Ningbo Kingfa Advanced Materials Co., Ltd.

Company type: other limited liability company

General Manager: Chuzhou Yang

Established on: April 21, 2011

Registered capital: 1.37 billion yuan

Location: Ningbo Kingfa is located in the Qingzhi Industrial Park of Ningbo Economic and Technological Development Zone, adjacent to Beilun Port, the second largest port in China. It is separated from Ningbo Petrochemical Economic & Technological Development Zone (national level) and Sinopec Zhenhai Refining and Chemical Company by a narrow strip of water. Ningbo Kingfa enjoys unique advantages in geographical environment and industrial clusters. The total investment of the project is about 16 billion yuan, which is an important supporting project for the national petrochemical industrial base. It is also the key construction project of the “Twelfth Five-Year Plan” in Zhejiang and Ningbo. In the Implementation Plan for the Construction of “Made in China 2025”Pilot Demonstration City in Ningbo City issued in 2017, the networked production project of Ningbo Kingfa was listed as a key project of intelligent manufacture.

Base area: 850,000 square meters

Annual sales: exceeded 7.53 billion yuan in 2018

Business scope: production of propylene, 2-butanone, isooctane, n-butane, sulfuric acid, liquefied petroleum gas, sec-butanol, isobutane, hydrogen, mixed C5, main products include propylene, isooctane and methyl ethyl ketone.