Recently, Song Fengxian, general manager of purchasing Department of Baofeng Energy, led a team to investigate Newstock Fluid Control Co., LTD., and carried out technical exchanges and business negotiations for Inner Mongolia Baofeng Coal-based New Materials Co., LTD. 's "4x1 million tons/year coal-to-olefin demonstration project phase I 2.6 million tons/year project and Phase I coal-to-olefin project and green hydrogen coupling project to 1 million tons/year olefin".

Accompanied by Zhuo Jianping, Chairman of Newtok, Song Fengxian visited the exhibition hall, processing workshop and assembly workshop, and carefully inquired about the development of the enterprise and the performance characteristics of the products, and learned about the efforts made by Newtok in product innovation and industrial upgrading in detail.

During the discussion, Song Fengxian spoke highly of and fully affirmed Newtok in terms of R&D and design ability, product performance index, pre-sale, in-sale and after-sale service, and hoped that Newtok would continue to do better and stronger, provide strong support for Baofeng Energy project, and contribute to the development of China's coal chemical industry.

Inner Mongolia Baofeng Coal-Based New Material Co., LTD. Green hydrogen and coal chemical coupling carbon emission reduction innovation demonstration project, located in Tuk Industrial Park, Ordos City, Inner Mongolia, innovatively adopts the integration and collaborative production process of green hydrogen and modern coal chemical industry, and builds an annual output of 3 million tons of olefin, of which 400,000 tons are produced by replacing coal with green hydrogen through the supporting construction of the integrated demonstration project of wind hydrogen production. It will become the only project in the world to replace fossil energy with green hydrogen to produce high-end chemical products on a large scale. The project is scheduled to be completed and put into operation in 18 months. By then, Baofeng Energy's olefin production capacity will more than double to 5.2 million tons per year, and it will build a "green hydrogen +" coal-to-olefin industrial base with the world's leading single plant scale.

Five people from Baofeng Energy attended the inspection, accompanied by Newtok general manager Zhuo Zancong, deputy general manager Ji Junhui, deputy marketing general manager Zhuo Xinyun and other leaders.​