The company is a large enterprise under the jurisdiction of the Anhui State-owned Assets Supervision and Administration Commission. The predecessor was the Vinylon Factory in Anhui Province. It was founded in 1969 as a key project invested and built by the country during the “Fourth Five-Year Plan” period. The group company has 6 subsidiaries. The core subsidiary, Anhui Wanwei High-tech Materials Co., Ltd., was listed on the Shanghai Stock Exchange in May 1997. The company has built four major industrial segments: chemicals, chemical fiber, building materials and new materials, forming five major industrial chains, including calcium carbide - PVA - PVA fiber, PVA - PVA optical film for film - polarizer, PVA - PVB resin - PVB film, biomass alcohol - ethylene - vinyl acetate - VAE/PVA, and VAC - VAE - redispersible latex powder. The main products include polyvinyl alcohol (PVA), high-strength high-mold PVA fiber, PVB resin, PVB film, redispersible latex powder, PVA optical film, VAE emulsion, polarizer, etc. Corporate honors: “National Technological Innovation Demonstration Enterprise”, “National Intellectual Property Demonstration Enterprise”, “Top Ten New Material Industry Enterprises in Anhui Province”, “National Technological Innovation Demonstration Enterprise”, “National Intellectual Property Demonstration Enterprise”, “National Intellectual Property Demonstration Enterprise”, State Council's State-owned Assets Administration Commission “Establishing a World-Class Professional Leading Demonstration Enterprise” and “Science Reform Demonstration Benchmark Enterprise”, the top ten enterprises in the new materials industry in Anhui Province, the top 100 high-tech enterprises, and the company's rubber powder products have won the title of “Anhui Brand Product”, “Provincial Advanced Energy Saving Enterprise”, “City's Advanced Pollution and Emission Reduction Unit, etc.”