Shandong Aofan New Material Co.,Ltd was established in August 2020, with a registered capital 134million Yuan, and currently having more than 300 employees. The company is focusing on the research, development, production and sales of fourth-generation fluorine-containing functional new materials. Aofan is honored as National High-tech Enterprise, Shandong Province "Specialized, Sophisticated, Distinctive and Innovative" Small and Medium-sized Enterprise, Green Factory of Shandong Province, and Shandong Provincial Manufacturing Single Champion Enterprise, National Standard Formulating Unit for HFC-245fa. Aofan’s 34,000 t/a fourth-generation new fluorine material project has been included in the "Third Batch of Sino-French Industrial Cooperation Demonstration Projects of the Ministry of Industry and Information Technology"and ’’Shandong Province Key Projects-Preferred Projects for New and Old Kinetic Energy Conversion." In June 2021, Aofan has reached a strategic partnership with Arkema of France for HFO-1233zd. Aofan’s HFC-245fa, as the third-generation fluorine product, holds the largest domestic production quota and has achieved a market share of 60%. Under the backdrop of the "carbon peak and carbon neutrality’’, the company is prioritizing the R&D and production of fourth-generation HFOs. Products such as HFO-1233zd, HFO-1234ze, and HFO-1234yf, with their favorable environmental attributes and superior performance, are facilitating the green transformation of industries including automotive, home appliances, construction, and semiconductors, thereby contributing to the national objectives of green and low-carbon development. In the future, Aofan will continue to delve into the field of fluorine chemical industry, refine and strengthen the fourth-generation fluorine product portfolio, and consolidate its leading position in the field of refrigerant and foaming agent. At the same time, Aofan will actively layout the entire fluorine chemical industry chain, and dedicate to becoming a outstanding manufacturer and supplier of fluorine chemical products and solutions.