Celebration On Jiaao's New Project Start

Zhejiang Jiaao Enprotech Stock Co., Ltd. (hereinafter referred to as "Jiaao Enprotech". A-share listed companies on the Shanghai Stock Exchange, short for: Jiaao Enprotech, Stock Code: 603822) specializes in research, development, production and sales of environmental-friendly bio-based plasticizers and new biomass energy. It is a leading domestic producer of environmental-friendly bio-based plasticizers. It is also the most influential biomass new energy manufacturer certified by EU standards. After its listing, the company has successfully realized the horizontal and vertical extension of environmental plasticizer business and expanded the biomass new energy market around talent strategy and merger and acquisition innovation.


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On the morning of July 18, 2019, Zhejiang Jiaao Green New Energy Co., Ltd., a wholly-owned subsidiary of Zhejiang Jiaao Enprotech Stock Co., Ltd., held a centralized start ceremony for the second batch of major industrial projects in Zhouquan Town, Tongxiang City, in 2019. The project includes Jia'ao Green New Energy Project with annual output of 100,000 tons of fatty acid methyl ester (biodiesel) and two other projects of Zhouquan Company.


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The flags of Jiaao Green New Energy Project Department are flying on the site. The leaders who attended the centralized opening ceremony are the chairman of the CPPCC, the deputy director of the Standing Committee of the Municipal People's Congress, the procurator-general of the Municipal People's Procuratorate, the members of the Party committee and the NPC team of Zhouquan Town, the middle-level cadres of the organs, the village and community secretaries, the personnel of the economic development center and the Mr. Shen Jian, Chairman of Zhejiang Jiaao Environmental Protection Technology Co., Ltd. and Mr. Zhang Jinfu, Chairman of Zhejiang Jiaao Green New Energy Co., Ltd. attended the founding ceremony. In the sound of salute from all sides, the cornerstone stands steadily on the construction site, and the project is officially started.


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"100,000 tons of fatty acid methyl ester per year" project is a key construction project of the company. The successful completion of this project will lay a solid foundation for the sound development of the whole group company in the next stage. The total investment of this project is 406.95 million yuan, covering an area of 5235 mu. It mainly constructs a new production line of 100,000 tons of fatty acid methyl ester (biodiesel) per year and supporting factories, equipment and facilities. After the completion of the project, the most promising renewable, clean and environmentally friendly liquid petrochemical fuel substitutes will be produced at home and abroad. The annual production capacity of 100,000 tons of fatty acid methyl ester (biodiesel) with waste animal and vegetable oils as the main raw material will be formed. The estimated sales revenue will be 517.24 million yuan and the profit and tax will be 33.45 million yuan.


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We believe that under the leadership of the company and the efforts of the "vanguard team", the project of Zhejiang Jiaao Green New Energy Co., Ltd. producing 100,000 tons of fatty acid methyl ester (biodiesel) per year will be successfully completed. At the same time, the new factory will add to the company's icing on the cake and help the company become more brilliant.




ZHEJIANGJIAAO ENPROTECH STOCK CO.,LTD

ADD: No.1 Economic & Development Zone,Tongxiang, Zhejiang, China 

Contact: Gray Li

Gray LI Mobile:0086-15888317761

Contact: Joey Deng

Joey Deng Mobile:0086-13763320723

TEL: 86-573-88623097 

FAX: 86-573-88623119 

E-mail: inquiry@jiaaohuanbao.com