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Gansu Jinyuantai New Material Co., Ltd. (Yancheng Hongyan Chemical Co., Ltd.) is located at No. 6 Jing 7 Road, Beihewan Circular Economy Industrial Park, Jinta County, Jiuquan City, Gansu Province. The company was established on March 24, 2020, with a registered capital of 60 million yuan and a total land area of 200,975 m2. The total project investment is 450 million yuan. It is a private enterprise specializing in the production and operation of disperse dyes, solvent dyes, and dye intermediates.

The company has internationally advanced enclosed and automated dye production lines, with an annual production capacity of over 10,000 tons of dyes, including 7,000 tons of disperse dyes and 3,000 tons of solvent dyes per year.

The company primarily focuses on extending its product chain with "1,4-dihydroxyanthraquinone and 1,4-diaminoanthraquinone" as leading products. Its upstream and downstream series of disperse and solvent dyes enjoy high recognition in domestic and international markets, with significant exports to Europe, America, Southeast Asia, and other countries and regions. It also collaborates with many well-known domestic printing and dyeing enterprises, offering products with broad market potential and promising development prospects.