Xinjiang Lanshan Tunhe Technology Co., Ltd. (hereinafter referred to as the "Company" or "Lanshan Tunhe") is a mixed-ownership enterprise controlled by Xinjiang Investment Development (Group) Co., Ltd. affiliated to the State-owned Assets Supervision and Administration Commission of the autonomous region. It was established in February 2008 and restructured into a joint-stock company in July 2011, with a total share capital of 494.47 million shares. The company focuses on the integrated industrial chain of fine chemicals and high-end chemical new materials. Since its establishment, it has continuously built a solid hardware foundation for the industrial chain. As a PBT manufacturer, it has built a "BDO-PBS series of biodegradable materials/PBT/PTMEG/TPEE". The downstream integrated industrial chain includes product lines covering fine chemical basic raw materials, biodegradable materials, new chemical materials, and new energy-saving and environmentally friendly building materials.