Yibin Grace Group Co., Ltd (hereinafter referred to as " Grace Group ") was established on July 1, 1987. It is a state-owned enterprise actually controlled by the State-owned Assets Supervision and Administration Commission of Yibin Municipal Government.

Yibin City, where Grace Group is located, has an advantageous geographical location. It is at the intersection of the north-south trunk line and the east-west axis of the Yangtze River in the national "Five Vertical and Seven Horizontal" transportation plan, connecting the Sichuan-Yunnan-Guizhou junction and the Liupanshui area in Panxi to enter and leave the Yangtze River's golden waterway. Yibin City is a regional central city in the urban belt along the Yangtze River determined by the state. It is one of the seven regional central cities cultivated and grown in Sichuan. It is a regional central city in the upper reaches of the Yangtze River determined by the Sichuan Provincial Party Committee, a national comprehensive transportation hub, and a southward opening hub in Sichuan. .

Grace Group mainly engages in the production and sales of cellulose fiber (filament and short fiber), cellulose pulp and its by-products, as well as textiles. It has established branches in more than 40 countries and regions including North America, Eastern Europe, South Korea, and Japan. With its own marketing network, the domestic market share of its products remains above 33%, the international market share remains above 25%, and exports account for about 50% of total sales. Grace Group is a global professional supplier of long and short bio-based cellulose fibers, with more than 50 international leading technologies, more than 100 domestic leading technologies and more than 1,100 independent intellectual property rights.

Despite the complex international situation, increasingly stringent financial regulations and narrowing of traditional financing channels, Grace Group is still actively exploring diversified financial instruments. With the efforts of Huang Yudong, a partner of CNI Securities Group Limited and team members, the company, as an underwriter, assisted Yibin Grace Group Co.,Ltd. in the recent successful issuance of US$150 million in bonds, once again successfully connecting with the international capital market and continuing to expand overseas Financing channels to achieve the goal of optimizing the financing structure.