Recently, GON Chemical (Dongming) successfully completed its first-time startup of its 50,000 Ton/Year Methyl Styrene Plant, achieving product purity exceeding 99.75%, exceeding industry standards. The successful commissioning of this plant signifies a significant improvement in the company's independent production capabilities and market competitiveness in the field of high-end new materials.

The plant utilizes innovative reactor design and fully automated control to significantly improve single-pass raw material conversion and operational stability. Its stepped energy consumption design enables efficient utilization of reaction exothermicity and waste heat, reducing overall energy consumption by 10% compared to similar plants. Addressing the industry challenge of polymerization during the refining process of methyl styrene, the plant innovatively utilizes full-process falling-film evaporation, high-flow, low-pressure-drop internals, and ultra-high vacuum separation technology, resulting in a stable product purity exceeding 99.7%. This technology also reduces polymerization losses during the refining process, resulting in a 30% reduction in tar loss compared to the industry average.

Recently, the company's "Polymer Materials Smart Factory" project successfully passed the Qingdao Municipal Expert Review and was awarded the Qingdao City 2025 "Advanced Smart Factory" certification. This marks the company's upgrade from a "digital workshop" to an "advanced smart factory" in its digital transformation process, injecting new impetus into its high-quality development. The "Polymer Materials Smart Factory" has built an intelligent system encompassing R&D and design, flexible production, precise control, intelligent warehousing, and supply chain collaboration, achieving deep interconnection and intelligent decision-making across the entire polymer materials manufacturing process. The implementation of the smart factory has not only significantly improved production efficiency, quality control, and energy efficiency, but has also established a replicable and scalable standardized model for intelligent manufacturing, providing a benchmark case and a reference implementation path for the polymer materials industry's transformation towards high-end, intelligent, green, and clustered manufacturing.

On June 6, 2025, Park Yonghao, executive vice president of the Ecological Operation Company of LG Group of South Korea, led a high-level delegation to visit the company to discuss new opportunities for cooperation. Chairman Wang Aiguo and the company's management accompanied the discussion. The two sides had in-depth exchanges on the global cooperation of ES air conditioning modified materials and reached important consensus.

On June 19, Mr. Zhang Lun, Party Secretary of Heze City, visited GON Group for an in-depth inspection and strategic exchange. Chairman Mr. Wang Aiguo accompanied the delegation through the company's innovation exhibition hall, introducing GON’s development in petrochemicals and healthcare, as well as its “One Body, Two Wings” strategic layout.

In order to continuously improve the operating efficiency of the device and ensure the stability of product quality, Jiangsu Guoheng took advantage of the "May Day" window period to organize and carry out special work on the optimization of production devices. This work focuses on the optimization of the refining tower and environmental protection facilities PSA in the production device. Through careful deployment and efficient implementation, remarkable results have been achieved, laying a solid foundation for the company's high-quality development.

Styrene, as the core raw material for the production of polystyrene (PS), is greatly affected by the supply and transportation costs and supply and transportation channels. The first 2,000-ton "Jianxing 71" cargo ship successfully completed the berthing operation, marking a major breakthrough in the construction of the company's raw material supply chain system.

Introduction: Dual-platform drive, moving towards the high end of the global value chain

On April 27, 2025, GON Group officially announced the launch of preparations for the overseas issuance of H shares and listing on the Hong Kong Stock Exchange, marking that this leading company with 25 years of deep cultivation in chemical new materials and big health industries, after listing on the Shenzhen Stock Exchange in 2015, once again accelerated its globalization layout with the "A+H" dual capital platform. This move is not only a key step in its internationalization strategy, but also demonstrates the company's determination to leap from "domestic leadership" to "international cooperation", injecting new momentum into China's new materials industry to participate in global high-end competition.

On March 26, the People's Government of Zhoutie Town, Yixing City, and GON Co., Ltd. signed a cooperation agreement on the "New Energy Vehicle Composite Material Parts Manufacturing Project". The signing ceremony was held in Qingdao, where GON Co., Ltd. is headquartered. Yixing Municipal Party Committee Secretary Hu Xiaojian, Zhoutie Town Party Committee Secretary Chen Zhongqiang, and GON Co., Ltd. Chairman Wang Aiguo attended the signing ceremony.

GON sincerely invites all traders and manufacturers to visit GON booth (Hall16 B31) at CHINAPLAS (Shenzhen) from April 15 to 18, 2025.