The company was invested and founded by Ningbo Hesheng Group in 2005 and successfully listed on the main board of the Shanghai Stock Exchange in 2017. It has now become the most complete silicon-based industry chain company in the world, and the only high-tech enterprise in the industry that also has production capacity for industrial silicon, silicone, polysilicon, and photovoltaic modules. The company is mainly engaged in R&D, production and sales of new silicon-based material products such as industrial silicon and silicone. The company's main products include industrial silicon and silicone products. The company's Hesheng brand has become a well-known brand in the industry. Many products have been rated as famous brand products in Zhejiang Province and famous brand products in Jiaxing City. Methyl vinyl silicone rubber passed the Zhejiang “Product” label certification. In 2016, the company won the Jiaxing Mayor's Quality Award, which greatly enhanced the company's brand awareness.
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