1、 Project Overview
Project background: Polyvinyl ether (PVE), as a new generation of synthetic refrigeration oil base oil, has become a key product to replace traditional mineral oil and some synthetic esters due to its excellent low-temperature fluidity, chemical stability, and good compatibility with environmentally friendly refrigerants. It is widely used in household air conditioning, automotive air conditioning, commercial refrigeration equipment and other fields. In response to national environmental policies and to meet the growing demand for high-performance refrigeration oil in the market, Fuyansheng (Puyang) New Materials Co., Ltd. relies on the technological advantages and industrial resources of shareholders to invest in the construction of a 5000 ton annual PVE project, aiming to promote the development of the domestic high-end refrigeration oil industry and enhance the independent and controllable ability of the supply chain.
Shareholder background: The project is jointly funded and constructed by Guangdong Fuyansheng Technology Co., Ltd. and Puyang Shenghuade Chemical Co., Ltd., integrating multiple advantages such as technology research and development, raw material supply, and production management.
Resource Collaboration: The project is located in the Advanced Manufacturing Development Zone of Fan County, which can fully utilize local industrial supporting facilities and public engineering resources, and has good location and logistics conditions.

2、 Project scale and product plan
Production scale: Annual production of 5000 tons of PVE products (design capacity of 5103 tons/year).
Product Usage: Mainly used in refrigeration equipment such as rotary compressors and scroll compressors, suitable for environmentally friendly refrigerants such as R410A, R134a, R404A, etc.
Product quality: Implement relevant national standards to ensure that the product reaches industry-leading levels in key indicators such as viscosity, pour point, flash point, acid value, etc.

3、 Core advantages
Technological independence: relying on the mature PVE independent research and development technology of Fuyansheng, breaking the monopoly.
Raw material self-sufficiency: The joint venture partner Shenghuade provides core monomers, ensuring a secure and reliable supply chain.
Superior location: Located in the Central Plains, with convenient transportation and radiating to the national market.
Cost advantage: Integration of raw materials and sharing of public utilities bring significant cost competitiveness.
Quality assurance: Continuing the strict quality management system and production experience of Fuyansheng.
Environmental protection first: High standard design ensures green and sustainable development.

4、 Project cycle and implementation progress
Construction period: The total construction period is 11 months.
Current progress: The project will complete the feasibility study and preliminary approval work, and will soon enter the design and equipment procurement stage.
Production plan: It is expected to be completed and put into trial production within 2026.

5、 Conclusion
The Fuyansheng PVE project is committed to providing customers with high-performance and highly reliable synthetic refrigeration oil products, helping the refrigeration industry upgrade to a green environment. We look forward to further communicating with you about the possibility of cooperation, jointly exploring the market, and achieving a win-win situation.

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