Hebei Silicon Valley Chemical Co., Ltd. was established in December 2001, with a registered capital of 100 million yuan, covering an area of 100 hectares. It has four subsidiaries of Hebei Silicon Valley Fertilizer Co., Ltd., Handan Silicon Valley New Materials Co., Ltd., and Handan Guangfu Tourism Co., LTD. Covering electric power, cable, petrochemical, aerospace, national defense and other fields. The company has won many honorary titles, such as high-tech enterprise, innovative enterprise, national Intellectual property advantage enterprise, contract-abiding and heavy credit enterprise, National May Day Labor Award, Hebei Provincial Government Quality Award, Hebei Provincial Top 100 Private Enterprises and so on. Relying on "scientific and technological innovation" as the development support, the company has established Hebei Silicon Valley Chemical Industry Research Institute, Hebei Enterprise Technology Center and Hebei Fluorine Silicon Engineering Technology Research Center, with a high-standard laboratory and testing center. It has established strategic cooperative relations with Shandong University, Shanghai Donghua University, Shaanxi University of Science and Technology and other institutions of higher learning and scientific research institutions. In recent years, it has made a number of major scientific and technological achievements, including one included in the national "863" plan, one included in the national strategic emerging industry special project, four included in the national new product plan, 12 included in the provincial and ministerial science and technology plan, nine times won the provincial and ministerial science and technology progress awards, 35 invention patents and 56 utility model patents. The development of Silicon Valley companies has entered a climax period, occupying the commanding heights of Chinese oil field drilling fluid, multi-functional high-voltage insulation products, special fiber and other technologies.