Chambroad (Hainan) Advanced Material Co., Ltd. was set up, marking a strategic pivot to the Hainan Free Trade Port.

Chambroad earned recognition as a pioneer in the “national enterprises with integration of production and education”. Moreover, Chambroad made its mark at the ASEAN-China (Shandong) SME Conference for Cooperation and Development. Chambroad signed a cooperation agreement with Peking University for the transformation of material industry.

Chambroad established “1121” strategy of Chambroad, and built N1N Teaching, Training, and Scientific Research Transformation Base. The brand also clinched a spot among the top 500 Asian brands.

With 37.656 billion yuan, Chambroad ranked 168th in 2019 China’s 500 Most Valuable Brands. Besides, it set up Chambroad Science and Technology Award jointly with the Chinese Chemical Society. Shandong Chambroad Petrochemical Co., Ltd. won the 18th National Quality Award, achieving a zero breakthrough in this award in refining and chemical industry of Shandong Province.

Shandong Chambroad Holdings Co., Ltd. was restructured into Shandong Chambroad Holding Group Co., Ltd., and the Boxing County Chambroad Elderly Care Service Center began to operate.

Chambroad’s sales revenue hit over 50 billion yuan. Chambroad Petrochemical introduced “Clean Fuel” to Shandong provinceand and was granted the honorary title of the third batch of “Enterprise Culture Construction Demonstration Unit”.