The company is an advantageous resource conversion enterprise supported by the Xinjiang Uygur Autonomous Region. It was established on December 18, 2001 and listed on the Shenzhen Stock Exchange on December 8, 2006. The predecessor of the enterprise was the Xinjiang Caustic Soda Plant, which was built in 1958. Relying on the rich natural resources of the Xinjiang region such as coal, raw salt, limestone, etc., the company has developed into an advantageous enterprise with two main businesses: chlor-alkali chemicals and the viscose textile industry through continuous optimization of management concepts and improvement of the industrial ecosystem. The company specializes in four major products: polyvinyl chloride resin (PVC), ionic film caustic soda, viscose fiber, and viscose yarn, supporting a circular economy industrial chain such as thermoelectricity, lanthanum, calcium carbide, and calcium carbide slag to make cement. Corporate honors: The company has successively won the “China Industry Award”, the highest award in the industry from the State Council; won the honorary title of “China's Top 100 Listed Companies”; was rated as the first batch of “Resource-saving and Environmentally-Friendly Pilot Enterprises”; was rated as the first batch of “Industrial Product Ecological Design Pilot Enterprises” and “Clean Production Demonstration Enterprise”; “Industrial Circular Economy Demonstration Unit” and “2024 Lyocell Industrial Chain New Quality Productivity Enterprise”; and “2024 Lyocell Industrial Chain New Quality Productivity Enterprise” and “China Listed Company Investor Relations Best New Media Operation Award”, etc.