Hunan Fuxiang Coatings Co., Ltd., founded in 2008, is a national high-tech enterprise. Its products are recognized as Hunan Famous Brand Products, and the company has been awarded the AAA Grade Enterprise for Quality Credit in Hunan Province. It is also one of the few brands in the coatings industry that holds the title of "China Well-Known Trademark". In 2009, the company partnered with Hunan University to build a high-standard, modern product testing and R&D center, and undertook the construction of the Yueyang Waterborne Coatings Engineering Technology Research Center. Both parties have jointly dedicated themselves to the research and development of new environmentally friendly coatings. The company owns 12 patented technologies. The integration of industry, academia and research fully embodies Fuxiang's philosophy that science and technology constitute the primary productive force.