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Satellite Chemicals' Two Factories Certified as "Advanced Smart Factories of Jiangsu Province" for 2025
2026-06-02

Satellite Chemicals' Two Factories Certified as "Advanced Smart Factories of Jiangsu Province" for 2025

Recently, the Jiangsu Provincial Department of Industry and Information Technology officially announced the list of certified "Advanced Smart Factories of Jiangsu Province" for 2025. This is the first time the Jiangsu Provincial Department of Industry and Information Technology has recognized such factories. Satellite Chemicals' Lianyungang Petrochemical Light Hydrocarbon Integrated Smart Factory and Jia Hong New Materials Hydrogen Peroxide Smart Factory successfully joined the ranks of provincial-level advanced smart factories based on their outstanding practices and innovative achievements in the field of intelligent manufacturing. This is also the first time Jiangsu Province has selected and recognized advanced smart factories. The "Advanced Smart Factory of Jiangsu Province" assessment is an important measure for Jiangsu Province to promote the intelligent transformation and digital transformation of the manufacturing industry. It aims to establish industry benchmarks and lead the high-quality development of the manufacturing industry through high-standard selection. This certification focuses on industrial software integration, intelligent equipment application, and supply chain collaborative innovation, using policy incentives to encourage enterprises to continuously improve their R&D capabilities and market competitiveness, and to promote the development of the manufacturing industry towards high-end, green, and integrated development. Satellite Chemicals, a leading enterprise in the field of new chemical materials, actively responded to Jiangsu Province's "14th Five-Year Plan" for intelligent manufacturing development, taking the lead in carrying out digital transformation based on 5G + Industrial Internet. It was the first to apply 5G technology to the explosion-proof area of ​​a petrochemical enterprise, promoting the improvement of safety, digitalization, intelligence, and greening in the petrochemical industry's production and operation. The deep integration of next-generation information technologies such as 5G, AI, and IoT with software and control systems such as SAP, CRM, MES, and the five-in-one system has formed a smart factory with extensive connectivity across the entire industrial chain, deep integration of IT and OT, full utilization of data resources, and high-efficiency empowerment. This significantly improves production efficiency and product quality management, enhances the overall operational efficiency of enterprises, and leads the intelligent transformation and digital revolution of the chemical industry.

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Satellite Chemicals and Standard Chartered Bank Join Forces to Expand Global Green Finance Cooperation
2026-06-02

Satellite Chemicals and Standard Chartered Bank Join Forces to Expand Global Green Finance Cooperation

On November 7, 2025, during the 8th China International Import Expo, Satellite Chemicals Co., Ltd. and Standard Chartered Bank (China) Limited officially signed a strategic cooperation memorandum, establishing a comprehensive strategic partnership. In the future, Standard Chartered Bank will leverage its global financial network and professional advantages to support Satellite Chemicals' global supply chain construction and overseas business expansion. Ms. Yang Yazhen of Satellite Chemicals attended the signing ceremony. According to the cooperation agreement, Standard Chartered Bank will provide Satellite Chemicals with diversified financial services support in key areas such as cross-border settlement, trade finance, and exchange rate risk management. Simultaneously, leveraging its international experience and expertise in sustainable finance, Standard Chartered Bank will also provide financial support for the company's green and low-carbon development strategy, promoting the deep integration and implementation of ESG principles in corporate operations. Shi Lü, General Manager of Corporate and Investment Banking at Standard Chartered Bank (China) Limited, stated, “We are very honored to establish a strategic partnership with Satellite Chemicals. As an industry leader in the field of new chemical materials, Satellite Chemicals possesses strong technological and industrial advantages. We look forward to leveraging Standard Chartered's global network capabilities to inject long-term financial momentum into Satellite Chemicals' global expansion and sustainable development.” Li Jun, Vice President and Chief Financial Officer of Satellite Chemicals, said, “We appreciate Standard Chartered Bank's long-term professional financial services and support to our company. Standard Chartered Bank demonstrates unique advantages in its forward-looking insights into the chemical industry and global resource allocation. Both parties share a high degree of alignment in their concepts of green, low-carbon, and sustainable development. In the future, the scope and depth of cooperation between the two parties will be even broader.” It is understood that as an international banking institution deeply rooted in China for many years, Standard Chartered Bank has continuously increased its support for advanced manufacturing and green low-carbon industries in recent years, providing a comprehensive package of cross-border financial solutions to support enterprises' “going global” strategies. This signing also reflects Standard Chartered Bank's innovative practices in serving Satellite Chemicals' global development, cross-border trade collaboration, and sustainable financial layout, fully demonstrating its ability and commitment to assisting Chinese new chemical materials companies in high-quality overseas expansion and sustainable transformation. Satellite Chemicals has always adhered to the development of low-carbon new materials driven by the integration of light hydrocarbons. It has successively won honors such as national green supply chain, manufacturing single champion demonstration enterprise, green factory and energy efficiency "leader" in key industries, and continues to move towards the goal of "world-class chemical new materials technology company".

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First Time! Satellite Chemical Tops ESG Rating
2026-06-02

First Time! Satellite Chemical Tops ESG Rating

On July 22, 2025, Satellite Chemical (002648.SZ) upgraded its Wind ESG rating from A to AAA, the highest level in the Wind rating system, reflecting the market's high recognition of its ESG system maturity and resilience.The Wind ESG rating system is based on over a thousand indicators and dozens of dimensions, employing a combination of quantitative and qualitative methodologies to cover company disclosure transparency, depth of responsibility fulfillment, and industry influence. The rating results are divided into nine levels from C to AAA, with AAA representing top-tier performance in environmental, social, and governance aspects, serving as a crucial indicator of a company's sustainable development capabilities in the capital market. Satellite Chemical focuses on integrated light hydrocarbon and low-carbon chemical new materials, continuously leading industry development through technological innovation, and is committed to becoming a globally influential green technology company. Currently, Satellite Chemicals has established a three-tiered governance structure: Board of Directors, Strategy and ESG Committee, and ESG Working Group. Around the national "dual-carbon" strategic goal, the company has constructed a green development "4R" model and taken the lead in promoting the construction of the entire hydrogen energy chain ("production, storage, transportation, and utilization"), exploring the leap from "lightweight" to "hydrogen-based" technologies. It continues to increase investment in core technology research and development and the construction of R&D platforms, building a "future R&D center," strengthening the output of original achievements and the extension of the industrial chain, and anchoring its technological self-reliance in the field of new chemical materials. It has built a symbiotic system integrating "enterprise, employees, and community," creating a diverse, inclusive, and growth-encouraging organizational ecosystem. Through platforms such as the "Satellite Charity Foundation" and "Yang Mama Charity Trip," it deeply participates in public welfare projects such as rural revitalization, education assistance, and environmental protection, contributing "Satellite power" to promoting common prosperity. From the seed of ESG concepts to today's global leader in sustainable development, Satellite Chemicals is building a solid foundation for high-quality corporate development through robust institutional design, systematic strategic implementation, and continuous technological innovation.

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