The company was founded in 2002 and is a civil-military enterprise established by China Ordnance Industry Group Co., Ltd. to carry out specialized restructuring of its nitrocellulose assets. The company was listed on the Shenzhen Stock Exchange in 2008. The company acquired Xiangyang 525 Pump Co., Ltd. and Shanxi Xinhua Chemical Protection Equipment Research Institute Co., Ltd. in 2013 and 2017, respectively. The company is engaged in the main business: cellulose and derivatives industry, chemical protection and environmental protection industry, special industrial pump industry. The company's main products include nitrocellulose, activated carbon and catalysts, protective equipment and environmental protection equipment. Corporate honors: 2009 Sichuan Enterprise Federation, Sichuan Entrepreneurs Association, Best Honest Enterprise in Sichuan Province; 2010 All-China Federation of Trade Unions National Model Workers' Home; 2010 Sichuan Red Cross Society Drought Relief Donation Honorary Certificate; 2011, the Sichuan Survey Team of the National Bureau of Statistics awarded the first prize for the annual provincial business climate survey work; the third prize of the 2012 Ministry of Industry and Information Technology Defense Technology Invention Award of the Ministry of Industry and Information Technology of the People's Republic of China, etc. It has been awarded the honorary title of “Sichuan Environmental Integrity Enterprise” for three consecutive years.