Milestones

Guided by the Group’s innovation and sustainability strategy, the company has continued to grow through multiple investments and development projects.

• China Merchants Group Participated in a Private Placement of Approximately RMB 6 Billion
• Wusu 10,000-Ton Furan Production Line Put into Operation
• Recognized as a 2025–2028 Manufacturing Single Champion Enterprise for Bio-Manufactured Long-Carbon-Chain diacidss
• Listed among the 2025 Shanghai Top 100 Specialized and Sophisticated Enterprises by Brand Value
• Partial Commercialization of Bio-Based Polyamide Composite Applications, with Continued Development of New Application Scenarios

• World’s First 10,000-Ton-Scale Bio-Based Furan Industrialization Project Completed
• Awarded National Enterprise Technology Center Certification
• Formed a Tripartite Strategic Cooperation with the Hefei Government and China Merchants Capital to Build a Synthetic Biology Research and Product Application Development Platform

• Recognized as an Advanced Collective at the 6th China International New Materials Industry Expo
• Disruptively Developed High-Performance Bio-Based Polyamide Fiber-Reinforced Composites and Achieved 1,000-Ton-Scale High-Temperature Polyamide Industrialization
• Straw-Based Lactic Acid Industrialization Demonstration Line Established

• World’s First 10,000-Ton-Scale Industrialization of Bio-Manufactured Sebacic Acid
• Taiyuan Production Base’s 40,000-Ton Sebacic Acid Project Put into Operation
• Bio-Manufactured Long-Carbon-Chain diacidss Were Recognized as a 2022–2024 Manufacturing Single Champion Product
• Awarded the Sustainability & Innovation Award by ITMF, Becoming the First Company in Mainland China to Receive the Honor
• R&D and Application of Key Technologies for Bio-Based Polyamides and Their Important Monomers via Bio-Manufacturing Won First Prize of the Shanxi Science and Technology Award for Technological Invention

• Recognized as a National-Level Specialized and Sophisticated “Little Giant” Enterprise
• Construction Began on the Taiyuan Production Base for 500,000 Tons of Pentamethylene Diamine and 900,000 Tons of Polyamide
• World’s First 100,000-Ton-Scale Industrialization of Bio-Based Polyamides and Monomers

Listed on the STAR Market of the Shanghai Stock Exchange

Jinxiang Production Base Was Recognized by the Ministry of Industry and Information Technology as a National-Level Green Factory

• Bio-Manufactured Long-Chain diacidss Were Recognized as a 2019–2021 Manufacturing Single Champion Product
• Bio-Based Polyamide 56 Was Included in the Ministry of Industry and Information Technology’s First-Batch Application Demonstration Guidance Catalogue for Key New Materials, 2018/2019 Edition

• Recognized as a National High-Tech Enterprise
• Bio-Based Polyamide and Bio-Based Polyamide Projects Were Included by the Ministry of Industry and Information Technology in the Industrial Enterprise Technological Transformation and Upgrading Guidance Plan and Major Projects under “Made in China 2025”
• Bio-Based Polyamide Was Selected as a Bio-Based Textile New Material under the 13th Five-Year Plan
• Polyamides, Long-Chain diacidss and Bio-Based Polyamides Were Included in Shandong Province’s New and Old Growth Driver Conversion Project Database

• The Development of Bio-Based Polyamide for Combat Training Uniforms Was Listed by the Ministry of Science and Technology as a National Major Support Project
• The Bio-Based Polyester Amide Project and Long-Chain diacids Project Were Included in the Ministry of Industry and Information Technology’s 2018 Industrial Enterprise Technological Transformation and Upgrading Guidance Plan

Bio-Based Pentamethylene Diamine Products and Bio-Based Polyamide Industrialization Technology Were Listed by the Ministry of Industry and Information Technology as Key Common Industrial Technologies

Breakthrough in Bio-Based Pentamethylene Diamine and Bio-Based Polyamide Industrialization Technology

Industrialization of Bio-Butanol, the World’s First Continuous Fermentation Process

Industrialization of Bio-Manufactured Ultra-Long-Chain diacidss DC16 and DC18

Won Second Prize of the Shanghai Science and Technology Progress Award Issued by the Shanghai Municipal People’s Government

World’s First Industrialization of Bio-Manufactured Polymer-Grade Dodecanedioic Acid DC12

Shandong Site Established

Cathay Biotech Founded in Shanghai