Zhejiang Hongyu New Materials Co., Ltd. was established in June 2010.  The company covers an area of more than 40 mu and is located in the economic development zone of Sian Town, Changxing County, Zhejiang Province, which is the economic center of the Yangtze River Delta. The company's main business: production and sales of nano-modified organic bentonite, ordinary bentonite, activated clay and quaternary ammonium salts. The company's main products are HY series organic bentonite, rheological additives, inorganic gels, etc. The company is in the non-metallic mineral products manufacturing industry, which is a new material technology in the high-tech field supported by the state. The company is a high-tech enterprise mainly engaged in the research, development, production and sales of organic bentonite and has a mature and complete organic nano-bentonite production line. The company carried out share reform in 2015 and was successfully listed on the National Equities Exchange and Quotations (New Third Board) in 2016. The stock code is 836291. In 2022, it entered the "innovation layer" of the New Third Board. Since its establishment, the company has always put scientific and technological innovation in the first place in enterprise development. It is a provincial-level "specialized, refined, peculiar and new" enterprise, a "national-level high-tech enterprise", and an enterprise of provincial-level "high-tech enterprise research and development center". It is a special undertaking unit of the "Innovation Fund" of the Ministry of Science and Technology. Through independent research and development and joint research and development with universities such as Zhejiang University, Zhejiang University of Technology and Huzhou Normal University, the scientific and technological innovation attributes have been continuously enhanced in recent years. It has 29 patents, including 9 invention patents. At present, the company has formed a marketing model with distinct levels, orderly organization and clear rights and responsibilities. The customer types are domestic and foreign chemical industry production and manufacturing enterprises such as coatings, inks, high-temperature greases, sealants, oil drilling, precision casting, adhesives, plastics, asphalt and oil additives. The company's sales network spreads all over the world. The company's income mainly comes from the sales revenue of organic bentonite and rheological additives. Through stable operation, the company has gradually formed a profit model with the technical support of strategic cooperation partner Laviosa Chimica Mineraria S.P.A. of Italy, the management experience of more than 20 years of the company's founder and core management in deeply cultivating the bentonite industry, and perfect equipment and technology as fulcrums. Domestic organic bentonite started relatively late. Local enterprises represented by the company have overcome difficulties such as process preparation and stable product performance through independent research and development, and gradually realized import substitution in the medium and high-end markets.