Shanghai Hanhe was founded by renowned scientist and has become the only company in China that covers the entire industry chain from biorefinery to production of advanced biomaterial. It has bases for production, research and development in the Jiangsu, Hubei, and Shanxi Provinces. Hanhe has undertaken a long-term effort to develop original technologies, and has built the first biorefinery plant in the world which produces advanced eco-friendly materials using crop straw. Its products such as bioresin, carbon fiber composite can be widely used in national strategic emerging industries including new energy and high-end manufacturing. This world-leading technology and industry is meaningful for the green financial system and helping to achieve the carbon peak and carbon neutrality targets.