In September 2020, at the 75th session of the UN General Assembly, President Xi proposed for the first time the goal of "striving to reach the peak of carbon dioxide emissions by 2030 and striving to achieve carbon neutrality by 2060", to achieve a green and low-carbon goal for our country. The development indicates the direction, and the environmental protection industry has thus ushered in huge development opportunities. On March 13, 2021, the "Outline of the Fourteenth Five-Year Plan for the National Economic and Social Development of the People's Republic of China and the Long-term Goals for 2035" (referred to as the "Fourteenth Five-Year Plan" outline) was officially announced, proposing that Change the national independent contribution target and formulate an action plan for peaking carbon emissions by 2030." The agency said that under the guidance of a series of policies to reduce carbon emissions, energy conservation, environmental protection, clean energy and other fields will usher in new development opportunities. On March 12, the performance of carbon neutral stocks continued to be strong, and a number of power stocks such as Wenshan Power and Huayin Power all reached their daily limits. According to statistics from Flush, as of March 12, the Flush Carbon Neutral Index has risen 9.89% since March. Among 61 constituent stocks, a total of 56 have recorded positive gains in the month, accounting for 91%.

To achieve carbon neutrality, one of the most urgent measures at present is to vigorously control air pollution. Yuanchen Technology is the one who has been deeply involved in this field for many years.

Yuanchen Technology’s main business products are various types of high-efficiency and low-resistance dust removal filter bags and medium and low temperature SCR denitration catalysts. While saving energy and increasing efficiency, they are specially used to treat smoke and nitrogen oxides in industrial flue gas, which belong to air pollution control. An indispensable and important component has an important strategic position in the national air pollution prevention and control process. Its market demand, technical level and the development and growth of the entire industry are also closely related to the continuous deepening of national environmental protection requirements. Tighter pollution emission control is a key factor that promotes the rapid development of the bag dust removal and flue gas denitrification industries. The bag dust removal and denitrification industries are policy-driven industries. In recent years, many industrial policies have been issued for flue gas dust removal and denitrification products. To encourage and give priority to the development of manufacturing and application.

The report of the 19th National Congress of the Communist Party of China pointed out that we should adhere to the common governance of the whole people, source prevention and control, continue to implement air pollution prevention and control actions, and win the battle to defend the blue sky. Under such a policy background, the long-term growth of Yuanchen technology has been favorably guaranteed.

Yuanchen Technology’s products are mainly used in power, steel and coking, waste incineration, cement and glass industries and fields. The main customers are Longjing Environmental Protection, State Power Investment Group, China Power Guorui, Everbright Environment, Shougang Jingtang, Anshan Well-known companies in the industry such as Feng Steel, China Resources Cement and Xinyi Glass.