BEFAR GROUP CO.,LTD.

Befar Group was founded in 1968 and officially put into operation in 1970. It is a diversified industrial chain leading enterprise. The group has a complete integrated chlor alkali industry chain, with industrial layout covering multiple fields such as basic chemical industry, new energy, new materials, and electronic chemicals. The core enterprise under the group is Befar Group Co.,Ltd (Befar for short, SH 601678), which was successfully listed on the Shanghai Stock Exchange in February 2010. As of 2022, Befar Group's operating revenue reached 26.488 billion yuan, achieving profits and taxes of 5.213 billion yuan, and paying taxes of 3.601 billion yuan to the country.Since its establishment, Befar Group has gone through three entrepreneurial processes. During the first entrepreneurial period (1970-1996), Befar Group successfully tested a 2200 ton/year caustic soda plant, marking the beginning of the company's development. During the second entrepreneurial period (1996-2020), Befar Group proposed a development strategy of two dependencies and one alliance . By adjusting the product structure, the company achieved the integration of the chlor alkali industry's circular economy and entered the fast lane of development. In the third entrepreneurial period (2020 present), Befar Group is committed to building a green chemical industry cluster worth billions of yuan, building a deeply integrated industrial ecosystem, and continuously extending to the new energy, new materials, and electronic chemical industries to achieve the transformation of old and new kinetic energy and industrial upgrading.Befar Group has been awarded the national benchmark enterprise for energy efficiency in key energy industries for nine consecutive years, committed to building a near zero carbon industrial system. Looking towards the future, Befar Group will continue to focus on the strategic main channel, plan open cooperation with an international perspective, fully promote industrial intelligence, and firmly become a pioneer and practitioner of green chemical and low-carbon transformation, creating maximum value for society, customers, shareholders, and employees, and making greater contributions to the development of China's chemical industry!