Stock Code: 601869.SH / 06869.HK

Circular Economy

YOFC has devoted efforts to the construction of "green" communication network, eco-friendly transformation of production mode, exploration of green and circular economy and other green innovation-oriented initiatives, aiming to become a forerunner of green development in the context of China's “dual carbon” goal.
Explore Circular Development of Industrial Parks

Acting on circular economy and green manufacturing visions, YOFC worked together with Shin-Etsu Chemical Co., Ltd. from Japan and Air Liquide from France to build YOFC Qianjiang Science & Technology Park in Jianghan Salt Chemical Industrial Park, Qianjiang City for the sake of complete business chain, better capacity arrangement, and greater overall competitiveness in an all-round way. It aimed to collaboratively explore a new path of eco-friendly and green development. In 2017, YOFC Qianjiang Science & Technology Park officially went into operation.

YOFC Qianjiang Science & Technology Park is located in Jianghan Salt Chemical Industrial Park, Qianjiang City (a pilot site of the national circular transformation demonstration program) and it has been a role model in putting the concept of green and circular development in place. Main by-products like diluted hydrochloric acid and saline water generated by the optical fibre preform project of YOFC Qianjiang Science & Technology Park are recycled and reused by Jianghan Salt & Chemical Complex. In addition, the hydrogen, chlorine, and caustic soda generated by the production of ion-exchange membrane caustic soda of the adjacent Sinopec Jianghan Salt Chemical Hubei Co., Ltd. are safely and conveniently transported to YOFC Qianjiang Science & Technology Park as main raw materials. It realizes zero discharge of waste  by recycling and reusing traditional industrial waste gas and liquid, increases energy utilization rate by more than 40%, raises production efficiency by about 20%, and reduces operating costs by more than 20%.