WOTE Co., Ltd. and CR Double-Crane reached the first domestic strategic cooperation in the bio-based PA46 industry chain.
Time：2026-05-09 18:11
On May 8, the “2026 Greater Bay Area Strategic Emerging Industries and Future Industries Ecosystem Linkage Conference” was solemnly held. The event was guided by the Guangdong Federation of Industry and Commerce (General Chamber of Commerce), the Social Work Department of the Shenzhen Municipal Committee of the Communist Party of China, and the Shenzhen Federation of Industry and Commerce (General Chamber of Commerce), and co-organized by the Nanshan District Enterprise Development Service Center, the Nanshan District Federation of Industry and Commerce (General Chamber of Commerce), the Shenzhen Strategic Emerging Industries Development Promotion Association, and the Guangdong Guangdong–Hong Kong–Macao Greater Bay Area Strategic Emerging Industries Development Promotion Association. Ms. Wu Xian, Chairwoman of WOTE Shares and President of the Greater Bay Area Strategic Emerging Industries Association, attended the conference and delivered a speech.
The conference, closely aligned with the inaugural year of the 15th Five-Year Plan and APEC’s “Shenzhen Year,” was held under the theme “Embracing the New, Co‑Creating Connections.” Nearly 500 representatives from government, business, academia, and the investment community gathered to discuss new opportunities for developing cutting-edge industries in the Greater Bay Area and to jointly build a new ecosystem of industrial collaboration. The event featured a keynote address by Huang Qifan, Executive Vice Chairman of the Academic Committee of the China National Institute for Innovation and Development Strategy, Academic Advisor to the China Finance 40 Forum, and former Mayor of Chongqing. Drawing on his profound economic insights, Mr. Huang thoroughly analyzed the pivotal role of developing productive services in achieving the deep integration of technological innovation and industrial innovation.
During the conference
WOTE Co., Ltd. and China Resources Double-Crane Pharmaceutical Co., Ltd.
Officially signed the country’s first bio-based PA46 industrial chain.
Strategic Cooperation Agreement
This signing marks a milestone in China’s efforts to achieve self-reliance in key technologies within the high-end specialty materials sector, injecting strong momentum into safeguarding the security of the nation’s critical materials supply chain and advancing the high-quality development of the specialty materials industry.
In her address, Chairwoman Wu Xian stated that the “15th Five-Year Plan” has now been fully launched, with the state clearly outlining a development strategy driven by two complementary pillars: six emerging pillar industries and six industries of the future, thereby charting a clear course for the growth of strategic emerging sectors. She emphasized that the logic of industrial development has shifted from isolated technological breakthroughs to ecosystem‑wide, end‑to‑end collaboration. Only by fostering an industrial ecosystem characterized by mutual symbiosis, shared prosperity, and high‑level synergy can we firmly seize the initiative in the global restructuring of supply chains and achieve sustained leaps in industrial competitiveness.
At the signing ceremony, Mr. Deng Jianyan, Vice President of WOTE Shares, and Mr. Tan Hekai, Vice President of CR Double-Crane, as representatives of their respective sides, solemnly signed the nation’s first strategic cooperation agreement for the bio-based PA46 industrial chain, witnessed by Mr. Zhang Chunhua, Chairman of the Shenzhen Federation of Industry and Commerce and Chairman of Langhua Group; Mr. Li Jianju, General Manager of Kedali; Mr. Yu Yifang, Assistant to the Chairman of ZTE Corporation; Mr. Chen Qingfeng, Chairman of Haoen Automotive Electronics; and Ms. Wu Xian, Chairwoman of WOTE Shares. The agreement formally establishes a comprehensive, deep‑level strategic partnership between the two parties, ushering in a new chapter of collaborative development across the industrial chain.
As one of the pioneers in China’s new materials sector, Wote Co., Ltd. has long been deeply engaged in the field of specialty polymer materials, focusing on the industrialization and independent, controllable production of high-end specialty materials such as PPA, PEEK, LCP, and PTFE. Leveraging its profound technological expertise, cutting-edge polymerization process capabilities, and a well‑established industrialization strategy, the company has become a core “chain‑leader” enterprise that safeguards the security of China’s critical material supply, providing robust material support for the development of downstream strategic emerging industries.
As the core platform for the pharmaceutical business within China Resources Group’s greater health sector, CR Double-Crane has established a robust presence in the bio-based materials field, possessing core capabilities in the R&D and industrialization of key bio-based raw materials such as bio-based diamines. Through its dedicated efforts in green chemistry and biomanufacturing, it has not only achieved a green upgrade at the raw-material stage but also provided foundational support for the downstream green transformation of high-performance materials, thereby laying a sustainable development framework that spans from bio-based feedstocks to end‑use applications.
This collaboration between the two parties has seamlessly bridged “bio-based raw material R&D” with the industrialization of specialty polymer materials, serving as a model for upstream–downstream synergy and complementary strengths. Taking this signing as an opportunity, the partners will focus on technological breakthroughs in bio-based new materials and their large-scale commercial deployment, working together to build a globally competitive bio-based materials value chain. This initiative will provide downstream strategic industries—such as new energy, advanced manufacturing, and biopharmaceuticals—with resilient, risk‑resilient, localized material solutions, thereby continuously driving the new materials sector toward greener, higher‑end, and more self‑reliant development.
Wote Co., Ltd. will continue to uphold its core value of “Be Unique for U” adhere to an innovation-driven development strategy, and further strengthen collaborative partnerships across the industry chain, thereby contributing to the building of a modern industrial system and the high-quality development of China’s strategic emerging industries.
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