With the strategic deployment of "Made in China 2025", In recent years, China's manufacturing industry, represented by the lubricating oil industry, has successfully achieved leapfrog development, and some even have reached the world's leading level, stirring the global industry pattern. Since the beginning of 2017, the competition in lube oil industry has been more and more intense, and a few local lubricating oil enterprises with the advantages of the whole industry chain have begun to challenge the international lubricant brand giants, and the lubricating oil industry has a great change. As the only domestic private enterprise with the advantage of the whole industry chain, the founding ceremony of Handi Lubricant production and development base has been ceremoniously held recently in Nantong. It is declared that the production and development base in East China has been officially broken down, and will further accelerate the lube industry to shuffle the brand and open a new pattern of the industry.

In July 22, 2018, the founding ceremony of East China production and development base was held in Nantong, Jiangsu, which showed that the petrochemical industry chain built by Handi Group was further formed. Mr. Qiang Qiang, Secretary of the Nantong economic and Technological Development Zone Management Committee, Ms. Gu Shuying, Director of the Nantong economic and Technological Development Zone Management Committee, and Mr. Chen Qiang, Deputy Director of the Nantong economic and Technological Development Zone Management Committee, and other municipal leaders, heavy-weight guests, media and channel partners, have been here to witness the scene of creating a new generation of lubricating oil industry.

Handi lubricants originate from "fourth barrels of oil in China" - Handi Group is the only private enterprise in the country that has the absolute advantage of the whole industrial chain of lubricants. To inherit the powerful upstream base oil advantage and strong technical strength, the lube oil sales in Handi entered into the billion yuan club in just three years, and fully pried the finished product lube oil market and became a new star of the lubricating oil industry.

Handi should not forget our original intentions and build a complete and powerful whole industrial chain of lubricants. With the foundation of the East China production and development base, the road of the whole industry chain of the Handi has taken a key step, and the construction of the whole industry chain is becoming more and more forming.

It is reported that the East China production and development base is planned to produce 500 thousand tons of high-grade lubricating oil and 50 thousand tons of graphite grease, which will be completed in 2019. After completion, it will become one of the highest high end lubricating oil production factories in China and one of the largest lubricating oil production factories in the world.

On the day of the founding ceremony, Mr. Wu Hanling, chairman of the board of directors of the Handi Group, thanked Nantong municipal leaders and relevant departments for their strong support to the project, and expressed that the Nantong project was an important layout of the lower reaches of the group industry chain, and was one of the most important projects in the fine chemical sector of Handi Group. Handi Group is fully confident, determined and capable to build the production base project into a model of the real economy of Nantong, and the group will also have more industrial projects in Nantong, the fertile soil, to achieve a win-win situation between the enterprises and the government.

Mr. Chen Jiang, deputy director of the Nantong economic and Technological Development Zone Management Committee, stressed that the settlement of the East China production and development base project has a positive role in promoting the development of the new material industry in the economic and Technological Development Zone of Nantong. At the same time, he said, the Nantong economic and Technological Development Zone is focusing on characteristics, innovation, transformation, green development, speeding up the building of green industrial parks, providing good opportunities and broad space for the large enterprises, hoping that the project of Handi Lubricant will be completed early, put into production early and benefit early.

Chen Jueming, the general manager of Handi lubricant technology (China) Co., Ltd., has fully demonstrated the development plan for the East China production and development base, emphasizing that Handi Lubricant will witness, grow together with the channel partners together, and win the future together.

At present, standing on the historical turning point of the big change in the lubricating oil industry, Handi lubricant technology (China) Co., Ltd. is uncommon. It will further strengthen the brand strength, adhere to the technological innovation and product innovation, continue the channel, serve all customers with a better product experience and open the new pattern of Chinese lubricating oil brand. In the future, Handi lubricants will also gather in Nantong and strive to build the whole industrial chain of lubricants to create a new generation of lubricating oil industry.