Brief introduction of Ningbo Lejin Yongxing Chemical Co., Ltd.

Yongxing is a Sino-foreign joint venture established by LG Chemical Co., Ltd., the largest comprehensive chemical company in Korea, and Ningbo Yongxing Chemical Investment Company (state-owned). The company has advanced technology, specializing in the research, development, production and sales of ABS, SAN, EP plastic particles and SBL latex products, with a total investment of more than 300 million US dollars. The company is located in Ningbo, Zhejiang, a coastal city in the East China Sea of China and a national petrochemical and industrial base, covering an area of 350,000 square meters. After 10 years of development, the company has become the largest ABS manufacturer in Chinese mainland, and has been praised as "the miracle of chemical enterprises" by China Chemical News. Known by the CEO of LG Chem as "a model of LG Group's overseas investment", it has 580 employees.