On June 23, 2022, the company received a letter of acceptance from Fujian Hengcheng New Material Technology Co., Ltd. for the annual production of 220000 tons of polyamide project containers, with a winning amount of 6.12 million yuan.

Fujian Hengcheng New Materials Technology Co., Ltd. is a wholly-owned subsidiary of Hengshen Holdings Group. The project is located in Kemen Industrial Park, Lianjiang County, Fuzhou City, Fujian Province, with an annual output of 220000 tons of polyamide. The total investment of the project is 836.8087 million yuan. Main production lines: 3 nylon polymerization production lines, with a single line production capacity of 220t/d, forming an annual production capacity of 220000 tons of nylon PA6 chip products.