The “2025 ICT Industry High-Quality Development Forum and Lenovo’s 12th Supplier Quality Forum” grandly opened in Chongqing on October 16, 2025 under the theme “AI Chain, Quality for the World.” Lenovo Group gathered with more than 500 supplier partners and industry leaders to discuss how to build “Made-in-China Quality” and foster a more resilient, sustainable, and win–win industrial ecosystem amid the new wave of globalization and artificial intelligence.
As a key partner of Lenovo Group and a leading enterprise in the new materials sector, Mr. Wu Di, General Manager of Kingfa Technology, was invited to attend the event and delivered a keynote speech at the sub-forum on ESG Management and Value Enhancement. Centered on the theme “Plastics for Low Carbon, Connecting the Future,” Wu shared Kingfa Technology’s remarkable achievements and best practices in Environmental, Social, and Governance (ESG) management, and how ESG practices are empowering value creation across the industrial chain.
In his speech, Mr. Wu first introduced Kingfa Technology’s development journey and ESG vision. Founded in 1993 as the first publicly listed enterprise in China’s modified plastics industry, Kingfa has grown into a global leader in new materials with over 20 production bases worldwide. Guided by its mission to “grow with partners, share success, and provide high-quality new material products for a sustainable and better life,” the company is committed to working with customers to achieve sustainability goals, following the core philosophy of “green, low-carbon, and circular development.”
Wu reviewed the company’s ESG vision and its carbon strategy released in 2021, which aims to reduce greenhouse gas emissions per unit of product by 30% by 2030, while achieving the ambitious “Three One-Million-Ton” goals—producing one million tons each of green plastics, recycled plastics, and regenerated plastics. As of 2024, Kingfa’s carbon emission intensity per unit product had decreased by 27.58% compared with the 2022 baseline, and progress toward the circular economy goals had reached around 30%, putting the company well on track to achieve its mid-term objectives ahead of schedule.
To realize these goals, Kingfa has established a four-tier ESG governance structure consisting of the Board of Directors, the Strategy and Sustainability Committee, the ESG Working Group, and relevant functional departments. This structure ensures clear responsibilities, effective coordination, and full integration of ESG principles into daily operations, making ESG a core driver of the company’s high-quality development and providing a solid foundation for the systematic and long-term advancement of ESG initiatives.
Mr. Wu also highlighted Kingfa’s outstanding achievements in the environmental dimension and the company’s growing recognition from external stakeholders, having received multiple prestigious ESG and sustainability awards. He emphasized how Kingfa leverages its ESG strengths to create shared value across the industrial chain, especially through its extensive global layout in the plastics circular economy. Kingfa has planned and established nearly one million tons of recycled plastics capacity across regions including China, Malaysia, and Spain, ensuring a stable and reliable supply of green materials for customers.
The company provides brand partners with end-to-end green material solutions—from recycling and product design to manufacturing and traceability—while helping clients build dedicated recycling systems and production lines. Moreover, Kingfa has led the formulation of several international, national, and industry standards, and through the National Advanced Polymer Materials Innovation Center, it offers precise carbon footprint calculation services for the entire industrial chain.
In conclusion, Mr. Wu stated that Kingfa Technology’s ESG initiatives have entered a mature intermediate stage and are steadily advancing toward a higher level of integration and impact. Looking ahead, the company will further strengthen its ESG philosophy, improve its governance system, set and implement robust decarbonization and circular economy targets, and embed ESG into technological innovation and customer collaboration. By empowering the entire industrial chain and driving value chain synergy, Kingfa Technology aims to jointly lead the industry toward a sustainable future together with partners including Lenovo.
