shandong hairun new material technology co., ltd. was established in february 2014. the company is located in binzhou high-tech industrial development zone, shandong province. the company covers an area of more than 100000 square meters and has more than 160employees. it is a professional manufacturer of fluorine chemical products and magnesium sulfate. it has total assets of 480 million yuan and fixed assets of 300 million yuan. the company now has two production lines with an annual output of 20000 tons of cryolite and an annual production line of 60000 tons of magnesium sulfate.