from state-owned enterprise restructuring to industry leader -40 years of development of Guangzhou Plastics Industry Group

In 1984, the spring breeze of reform and opening up was blowing across the land of southern Guangdong. Guangzhou Plastics Industry Group Co., Ltd. (hereinafter referred to as'Guangzhou Plastics Group') was formally established on the basis of the original Guangzhou Plastics Industry Company and became the first batch of South China to explore market-oriented reforms. One of the state-owned industrial enterprises. Forty years of ups and downs, from a single production unit under the planned economy to a national high-tech enterprise group integrating R & D and design, green manufacturing, intelligent equipment, recycling and engineering services, Guangsu Group has written a piece of China A living sample of the transformation of state-owned enterprises in the light industry manufacturing industry.

in the mid-1990s, facing the double pressure of overcapacity and rigid mechanism, Guangsu Group took the lead in starting the reform of separation of main and auxiliary and diversification of property rights: the overall corporate system transformation was completed in 2001; In 2005, strategic investors were introduced and a modern enterprise system was established. In 2012, Guangzhou Plastic Research New Material Technology Co., Ltd. was established to enter the field of polymer modification and biodegradable materials. This series of reforms not only released the vitality of the enterprise, but also laid the underlying logic of its technology-driven development.

entering a new era, Guangsu Group anchored the 'double carbon' target and accelerated the upgrading of green intelligence. Guangzhou Huaxin Packaging Co., Ltd. (a national specialized and new "little giant" enterprise) under the group has built the first 10,000-ton PBAT fully biodegradable film intelligent production line in South China. Guangzhou Plastics Research Institute took the lead in formulating 7 national and industry standards such as "Detection Methods for Microplastics in Plastic Products". In 2023, the group invested 0.32 billion yuan in research and development, accounting for more than 4.8 of its revenue, with 156 authorized invention patents, PCT international patent layout covers the European Union, Southeast Asia and the Middle East market.

internationalization is accelerating simultaneously: setting up an overseas technical service center in Ho Chi Minh City, Vietnam, and a regional marketing center in Dubai, UAE. Products are exported to 42 countries and regions around the world. In 2023, foreign trade volume increased by 27.6 year-on-year. It is particularly worth mentioning that Guangsu Group is deeply involved in the construction of the advanced materials industry cluster in the Guangdong-Hong Kong-Macao Greater Bay Area, and jointly established the "Guangdong Provincial Key Laboratory of Green Processing of Polymer Materials" with Sun Yat-sen University and South China University of Technology to promote the depth of production, education, research and application. Integration.

40 years, Guangsu Group has always adhered to the corporate mission of "carrying the road with plastic and getting far green", from solving the problem of "whether or not" to pursuing "excellence and strength", from "manufacturing" to "intelligent manufacturing + creation '. The course of its development confirms the tenacity of China's state-owned enterprises in the change of the times. Facing the future, Guangsu Group is making every effort to promote the "14th Five-Year Plan" special plan for digital transformation, build a full-stack industrial Internet platform covering ERP-MES-PLM-IoT, and is committed to becoming a benchmark for the green and sustainable development of the global plastics industry in China.