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situated in the Binhai County Economic Development Zone of Jiangsu Province, the company is a national hi-tech company held by Zhejiang Qingquan Pharmaceutical Chemicals Co., Ltd. It was established on May 28, 2005. The company covers an area of more than 350,000m2, and has a total of RMB 0.4 billion of assets. There is Qingquan Pharmaceutical Chemicals Co., Ltd. in Taizhou, Zhejiang Province, Nanjing University of Technology Qingquan New Material Research Institute, Hangzhou (Trade) Branch, and Hangzhou (Hi-tech) Experimental Center under the company. The company is mainly engaged in the R&D, production and marketing of pharmaceutical intermediates, functional materials, electronic chemicals, and specialty chemicals. It is a leading enterprise engaging in the medium- and high-pressure liquid catalytic hydrogenation, and one of the largest manufactories that produce the most complete variety of furan series products in the world.