With the goal of "becoming a world-class chemical company, pursuing high-tech development, and achieving refining and chemical integration", Sinopec has proactively led the transformation from "oil to chemicals" and "oil to specialty products", continuously advancing the research and development and production of high-end resins, premium rubber, high-performance fibers, and specialty fine chemicals. The Company has also pursued the development of biodegradable materials, such as polyglycolic acid (PGA) and PBAT. As a result, the Company has successfully produced specialty products, including ultra-high molecular weight polyethylene fibers, para-aramid fibers, and 48K large tow carbon fibers, significantly enhancing the resilience and competitiveness of China's modern chemical supply chain through the supply of a wide range of specialty chemical materials and high-end special chemicals .