Bluestar chemical new materials Co., Ltd. is a listed joint-stock company established by China Bluestar (Group) Corporation as the main sponsor. It obtained the business license of enterprise legal person on May 31, 1999, and was listed and traded in Shanghai Stock Exchange on April 20, 2000 with the stock name of "Bluestar new materials". The company is a national high-tech enterprise Technology enterprises. As of December 2011, the total assets reached 18.1 billion yuan and the main operating income was 11.4 billion yuan. Headquartered in Beijing, the company has nine production bases in Jiangxi, Wuxi, Harbin, Nantong, Shanxi, Beijing, Lanzhou, Tianjin and Guangxi.