Brand History - Zhejiang Yonghe Refrigerant Co.,Ltd

2004

Zhejiang Yonghe Refrigerant Co., Ltd. Established

In the refrigerant trade, we found that the price of new environmentally friendly refrigerants was high, with major foreign manufacturers like DuPont monopolizing sales. Domestic customers were forced to purchase these products at inflated prices. This situation sparked Mr. Tong's challenge and determination: "What foreigners can do, Chinese can do too!"

After conducting relevant research, Mr. Tong decided to develop his own line of environmentally friendly refrigerants. Despite facing many challenges, he successfully established a hybrid production plant and created a new refrigerant mixing base, now equipped with over 300 canister containers.

2008

Launch of "Ice Loong" Brand Packaged Refrigerants

At that time, the refrigerant market was mostly unbranded and unpackaged, with varying quality, making it difficult for consumers to distinguish genuine products. In response, Yonghe Company developed a clear brand strategy and launched the "Ice Loong" branded packaged refrigerants. The company adhered to the "ARI" standard for filling and rigorously controlled key product indicators, such as purity, moisture, and non-condensable gases, to ensure high quality and alleviate consumer concerns. The exceptional quality of "Ice Loong" products has been widely recognized in the market, becoming a designated brand in the United States. Through its commitment to quality, the company successfully entered both domestic and international high-end markets, gaining a loyal customer base and achieving year-over-year sales growth.

2009

Jinhua Yonghe Fluorochemical Co., Ltd. Established

With a strong market reputation and excellent product quality, the company’s trade was booming. However, to take the initiative, it needed its own production base. In 2009, during China’s economic crisis, Mr. Jianguo Tong made a bold decision, based on his keen judgment, that many people could not understand. He acquired Xingteng Chemical, which was burdened with hundreds of millions of dollars in debt, and renamed it Jinhua Yonghe Fluoride Co., Ltd. The company invested in a refrigerant and FEP production line and began actively researching and developing downstream fluorinated polymer materials. By standardizing internal management, Jinhua Yonghe addressed the issues left by its predecessor. The company turned profitable in 2010 and achieved a profit of 200 million in 2011.

2011

Inner Mongolia Yonghe Fluorite Co., Ltd. Established

To promote the company’s long-term development and establish a complete fluorine chemical industry chain, the company acquired and merged two subsidiaries of Huali Group in June 2011. These companies produce fluorite mines, fluorite powder, and hydrofluoric acid in Inner Mongolia. As a result, Yonghe now possesses abundant upstream fluorite resources, ensuring a stable supply of raw materials for future growth. Additionally, the company established Inner Mongolia Yonghe Fluorite Co., Ltd. to develop two complete fluorine chemical production chains in three phases within the local industrial park. This initiative aims to further process the region’s rich mineral resources and enhance product value.

2017

Shaowu Yonghe Jintang New Materials Co., Ltd. Established

To accelerate the development of the fluorochemical industry, promote the fluorine new materials sector, extend the industrial chain, and increase added value, the company established Shaowu Yonghe Jintang New Materials Co., Ltd. in December 2017. Shaowu Yonghe benefits from the advanced fluorochemical process technology of Jinhua Yonghe and Inner Mongolia Yonghe, as well as local preferential policies for fluorite mine resource allocation. The company plans to build a new, environmentally friendly refrigerant and fluorochemical production chain for fluorine-containing polymers in phases at the Shaowu Jintang Industrial Park.

2021

Baotou Yonghe New Materials Co., Ltd. Established

To implement the company’s development strategy and enhance the integration of the fluorochemical industry chain, the company invested in establishing a wholly-owned subsidiary, Baotou Yonghe New Materials Co., Ltd., on November 9, 2021. Located in Jiuyuan Industrial Park, Baotou City, Inner Mongolia Autonomous Region, the subsidiary’s planned projects include the comprehensive utilization of waste salt, methane chlorides, HCFC-22, TFE, HFP, HCC-240fa, HFO-1234yf, HFO-1234ze, co-production of HCFO-1233zd, perfluorohexanone, methyl chloride, calcium chloride, tetrachloroethylene, vinyl chloride, and others.

2022

Acquisition of Huichang Yonghe Technology Development Co., Ltd.

To enhance its industrial chain, the company fully acquired Jiangxi Shilei Fluorochemical Co., Ltd. in December 2022, and renamed it Huichang Yonghe Technology Development Co., Ltd. in December 2023. As a key part of the company’s industrial chain, Huichang Yonghe specializes in manufacturing products such as methane chlorides and tetrachloroethylene. Its main products include dichloromethane, trichloromethane, and tetrachloroethylene, with an annual production capacity of 100,000 tons of methane chlorides and 12,000 tons of tetrachloroethylene.

Future

Yonghe will focus on developing the high-end fluorine chemicals sector, strengthen market application development, and improve scientific management and incentive mechanisms, thereby elevating the company's image, brand, and scale to a higher level.