Hebei Jifeng New Energy Technology Co., Ltd. was established in March 2005 with a registered capital of over 70 million yuan, located in the Dayu Clean Energy Industrial Park, Fengfeng Mining District, Handan City. The company focuses on developing a circular economy, continuously expanding and strengthening its operations, aiming to promote social prosperity and economic benefits while steadily broadening its business scope and production scale. In 2011, the company invested 320 million yuan to construct a 100,000-ton/year crude benzene hydrorefining project in two phases, filling the gap in the types of chemical products in the mining area. Currently, the company is actively planning to develop a new material recycling project. Through high integration within the industrial chain, this project achieves comprehensive utilization of internal resources and coordination between upstream and downstream industrial chains, demonstrating the strong vitality of the circular economy model. The construction of this project marks a solid step for Jifeng Company toward becoming a group-oriented, large-scale, and modern enterprise.