Innovation and Efficiency Enhancement: Building a New Journey for Xinjiang Zhongtai Chemical

Since 2024, Zhongtai Group has been closely adhering to the "2+2" strategic deployment, focusing on its core business, optimizing its industrial layout, increasing investment in scientific and technological innovation, improving the scientific and technological innovation system, cultivating new quality productive forces, and promoting high-quality development through high-quality reforms. It has also become the first enterprise to receive financial policy support for scientific and technological innovation projects from the Xinjiang Branch of China Development Bank (hereinafter referred to as "China Development Bank").

Technological innovation is a long-term process that cannot be achieved without financial support. As a local state-owned backbone enterprise, Zhongtai Group has obtained the first credit line business for technological innovation projects in Xinjiang from China Development Bank. By adopting the one-time credit line model and the real-time "reimbursement" model of credit policy, it has provided financial support to the enterprise for technological innovation, continuously enhancing the core competitiveness of the enterprise and promoting the "New Zhongtai, New Start".

It is reported that in 2024, Zhongtai Group will continue to focus on problem-oriented strategies, prioritize the layout of scientific and technological innovation tasks, expand the iteration and upgrading of new technologies as well as integrated innovation, and carry out diversified, differentiated and high-end new product research and development. As of now, the group has independently developed a variety of special PVC products, and some resin models have achieved batch production, bringing an additional profit of over 50 million yuan for the enterprise.