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[Editor's Note] This column is exclusively launched by Polypropylene.com, which specially interviews people in the polypropylene industry, talks about the past, present and future of the development of China's polypropylene industry, gives different observations and interpretations of the ups and downs of China's polypropylene industry, and brings it to all walks of life in the industry. People's in-depth understanding and three-dimensional cognition of polypropylene industry, and work together to build a better future for polypropylene industry.

Guest introduction

Guo Qinghai: Chairman and General Manager of Guangdong Modern High-tech Fiber Co., Ltd., a bachelor's degree in chemical fiber from China Textile University (now Donghua University), an intermediate engineer, and won the second prize of the Shanghai Science Progress Award issued by the Shanghai Municipal People's Government , the second prize of scientific and technological progress awarded by China Textile Industry Association, and the first prize of excellent academic papers awarded by China Chemical Fiber Industry Association. Vice President of Guangdong General Chamber of Commerce, Chairman of Jieyang City Federation of Industry and Commerce, member of Guangdong Private Entrepreneurs Think Tank.

PART ONE

Polypropylene Network: Thank you very much Guo Dong for accepting our interview. We all know that this year, due to repeated epidemics, insufficient domestic demand orders, and sharp decline in foreign trade, all walks of life are particularly difficult. I would like to ask Guo Dong to talk about this year's polypropylene industry. What is your personal opinion?

Guo Dong: Since the beginning of this year, the global economic growth is expected to slow down, the international political and economic pattern has accelerated, the growth of external demand has slowed down, and the recovery of domestic consumption is still facing many difficulties. smooth, the downstream demand is not high, the industry cost is high, and it is difficult to fully transmit to the downstream, the company's business is also affected by the macroeconomic environment, and the demand from some downstream customers is weak. Actively respond, continue to strengthen independent innovation, adhere to high-quality development, increase revenue and reduce expenditure, and improve profitability.

As for the development of the polypropylene industry, I think it will be strengthened from the following aspects:

First, the overall technology of differentiated polypropylene new materials will continue to progress, and the application fields will continue to expand and penetrate;

Second, low-carbon emission is an important development direction of polypropylene manufacturing technology. As environmental costs become more transparent and measurable, low-carbon constraints extend from the enterprise itself to the upstream and downstream of the industrial chain and various stakeholders, and promote the development of products throughout the life cycle. Low carbon emissions become a trend;

The third is green environmental protection to promote the development of polypropylene. In recent years, the country has vigorously promoted the development of green industry, and the requirements for environmental protection have become stricter. The green manufacturing of polypropylene will usher in new development opportunities.

PART TWO

Polypropylene Network: Guo Dong, in the process of founding Modern for many years, which moment has you still remembered?

Guo Dong: We have been making polypropylene filament yarn for almost 30 years. The market economy is changing rapidly, and it is normal and solvable to encounter various operational difficulties and problems along the way. What impressed me most was that on August 24, 2020, the company was listed as the first batch of 18 companies registered on the Growth Enterprise Market and became the first stock of polypropylene filament yarn. It can be regarded as a new milestone and starting point for development, although due to the epidemic at that time , the company can only have 6 places to participate in the listing ceremony, but Li Xi, secretary of the Guangdong Provincial Party Committee, and Yi Huiman, chairman of the China Securities Regulatory Commission, helped us ring the bell for listing. kind of mission. Finance is the blood of the real economy, and the high-quality development of the industry is inseparable from capital support. As we raise funds in place and plan and implement new production capacity, we will be able to contribute more to the development of the polypropylene industry.

PART THREE

Polypropylene: Please share with us, Mr. Guo, what new plans and development directions will Modern High-tech have in the future?

Guo Dong: Since Modern was founded in 1993, it has gone through nearly 30 years of spring and autumn, and has accumulated rich experience and industrial process technology in the field of polypropylene fiber. On the one hand, the company has adapted to the R&D and production of high-performance, differentiated polypropylene filaments through the transformation of equipment, improving production efficiency, product performance and product quality; Application promotion drives the company's performance to continue to grow. In the future, we will still focus on continuous innovation and make breakthroughs in the field of high-strength yarn and fine-denier yarn, so as to maintain the company's continuous competitive advantage in the polypropylene industry.

Step by step to today, Modern is closely related to the development history of China's entire polypropylene industry, and it has grown with the development of China's economy, the continuous improvement of people's living standards and the transformation and upgrading of the industrial structure. The so-called 30 stands, whether we are listed on the GEM in 2020 to raise 480 million yuan, or will issue convertible bonds to raise 300 million yuan this year, all of them will be used for the company's main business of polypropylene filament, and the company's production capacity will also be reduced after completion and production. From 30,000 tons to 68,000 tons.

In the future, we will accelerate the company's transformation and upgrading from the aspects of industrial chain innovation, high-end development, digital and intelligent transformation, and green and low-carbon transformation. A national brand in the industry, forging ahead with the corporate vision of becoming a polypropylene fiber expert.

PART FOUR

Polypropylene Network: Thank you Guo Dong for accepting our exclusive interview, looking forward to Modern High-tech to embark on a new journey. Finally, can you share your message to China's polypropylene industry? Thanks!

Guo Dong: Now we are a major chemical fiber country with strong international competitiveness, and polypropylene is an indispensable part of the chemical fiber industry. I hope that colleagues in the polypropylene industry will continue to maintain scientific and technological innovation, steady development, down-to-earth, and do their main business well. , to help the country build a world chemical fiber power.