Hunan Songyuan Chemical Co., Ltd. (hereinafter referred to as "Songyuan chemical") was established in 1999, located in Changsha airport area of Hunan Free Trade Zone, with a registered capital of CNY 30 million. It is a high-tech enterprise integrating R & D, production and sales. It is a key technology demonstration base for turpentine deep processing of State Forestry Administration, also one of the most influential turpentine deep processing enterprises in China.

Hunan Songyuan Biotech Co., Ltd. (hereinafter referred to as "Songyuan biotech") was established in 2016, with a registered capital of CNY 30 million, an area of 40000 square meters. Songyuan biotech is a holding subsidiary of Songyuan chemical. As a high-tech enterprise, Songyuan biotech aims to become an global superior supplier in the industry of electronic chemicals, pharmaceuticals and chemical intermediates, synthetic rubber, synthetic fragrances, etc.