On November 18, 2012, Hebei Xingtai Zhongneng Energy Development Co., Ltd., a patented technology provided by Shanghai Wuzheng, officially signed a contract for the “Coal Resource Comprehensive Utilization Circular Economy Demonstration Project” in Hebei Xingtai Zhongneng Company Meeting Room. The cooperation between Shanghai Wuzheng Wang Zong and Hebei Xingtai Wu representatives fulfilled the project signing ceremony. The first phase of the project mainly includes 260,000 tons/year coal-based ethylene glycol sub-project, coal tar hydrogenation, gasoline and diesel, and other sub-projects. The complete process package and catalyst are provided by Shanghai Wuzheng Engineering Technology Co., Ltd. The patent application of ethylene glycol is based on the mature application of Shandong Hualu Hengsheng 50,000 tons/year industrial scale, and will drive the development of domestic coal-based ethylene glycol technology, stabilize import, and promote the industrialization process of this technology.