It is mainly engaged in the research and development, production and sales of metal processing products, equipment oils, greases, etc., and its cutting fluids are well-known in the industry

Yip's Chemical Group Limited was founded in 1971, formerly known as Heng Cheong Hong, and became a listed company in Hong Kong in 1991 (stock code: 00408). The Group focuses on the production and sale of chemical products, including solvents, coatings and lubricants. The Group has been growing with the times, becoming the largest manufacturer of chemical products in China and the world's largest producer of acetate solvents. In recent years, riding on the sustained and rapid growth of China's economy, the company has implemented a number of expansion plans to highlight the scale effect. Annual sales are expected to reach HK$10 billion and HK$20 billion by 2013 and 2020. At the same time, the Group will continue to increase its investment in R&D, which is an important measure to continuously optimize the quality of profitability.

Headquartered in Hong Kong, the Group has an R&D center in Zhangjiang, Shanghai, more than 10 different production plants throughout China, and a product distribution network covering major provinces and cities, with a total of more than 5,000 employees. Yip's Chemical's products are renowned for their high-quality services, including Bauhinia Lacquer, Bauhinia Ink, Tonoxfam Specialty Varnish, Dachang Resin, Berlin Silk Digital Electronic Coatings, Lux Automotive and Industrial Lubricants, and Bogao Specialty Lubricants.