On the road to industrialization of scientific and technological achievements, the Chinese Academy of Sciences has made another big move.

　　Recently, in the southern city of Tengzhou in Shandong, the Advanced Materials Industry Fund of Chinese Academy of Sciences removed its veil under the witness of the leaders of the CAS, CAS Holdings, Department of Science and Technology of Shandong Province and Zaozhuang city. This means that the Advanced Materials Technology Innovation and Industrialization Alliance of Chinese Academy of Sciences (herein after referred to as Advanced Materials Alliance of the Chinese Academy of Sciences) of Chinese Academy of Sciences Holdings Co., Ltd. (Herein after referred to as CAS Holdings) has made up an important part. The Alliance operating in the new mode is expected to bring grand achievements of CAS to the ground faster and more widely.

　　Only scientists are not enough to finish from research and development to products

　　Though scientific research institutions of China have never lacked core technologies with intellectual property rights, there is a long journey from laboratory findings to products on the market. How to promote the transformation of scientific research achievements into science and technology industry has been testing the scientific research team and entrepreneurs. As National Team of Science and Technology in China, the Chinese Academy of Sciences has hundreds of institutes and investment enterprises,.However, many problems still exist in the transfer and transformation of scientific and technological achievements, such as poor channels, unsound mechanisms, low efficiency, etc.

　　It can be said that despite the emergence of a large number of high-tech enterprises such as Lenovo and Shuguang from the Chinese Academy of Sciences, the volume of their high-tech industries is far from reaching a scale commensurate with the radiation capacity of the national high-tech research and development center. Therefore, CAS Holdings, the Big Manager of the state-owned assets of the Chinese Academy of Sciences, has put forward a Linkage Innovation strategy four years ago, trying to rely on the scientific research strength of CAS to speed up the in-depth integration of science and technology and economy through the linkage among innovation chain, industrial chain and capital chain.

　　In the opinion of Suo Jishuan, general manager of CAS Holdings, linkage innovation must effectively connect the three chains of innovation chain of scientists, industrial chain of entrepreneurs and capital chain of financiers to realize the deep integration of science and technology and economy and lead the development of China's strategic emerging industries. How to connect the three chains? The establishment of the Advanced Materials Alliance of the Chinese Academy of Sciences has the answer.

　　On the 5th day after the slight cold in 2018, the Advanced Materials Alliance of the Chinese Academy of Sciences officially established in Tengzhou. Different from other alliances, the Alliance takes Levima Advanced Materials Corporation (hereinafter referred to as Levima Advanced Materials) as the chairman unit, and 14 scientific research institutes and related enterprises of Chinese Academy of Sciences such as Dalian Institute of Chemical Physics, Changchun Institute of Applied Chemistry, Chengdu Organic Chemicals Co., Ltd., Guangzhou Chemical Co., Ltd. of Chinese academy of sciences and specially invited Sinopec Guangzhou Engineering Co., Ltd. as the governing units of the Alliance.

　　The above arrangement means that Levima Advanced Materials is placed in an important position in the big chess game of technological innovation and industrialization of advanced materials in the Chinese Academy of Sciences. To a certain extent, several research institutes of the Chinese Academy of Sciences have been deeply engaged in the field of advanced materials for decades, holding a large number of innovative achievements. How to activate these intangible assets and accelerate their transformation and industrialization has become an important task of Levima Advanced Materials.

　　What are the excellence of Levima Advanced Materials that bear this heavy responsibility?

　　Enterprise Transformation Expert Stepping onto a Larger Stage

　　The production base of Levima Advanced Materials is unique at first sight when entering Lunan High-tech Industrial Park in Tengzhou City, Shandong Province. Its Unique lies not only in its label of Legend Holdings advanced materials. Two years ago, CAS Holdings invested 850 million yuan in Levima Advanced Materials, giving the latter a strong backing from the Chinese Academy of Sciences.

　　Why is Levima Advanced Materials favored by CAS Holdings? In the factory of Levima Advanced Materials, a leading device DMTO (Dalian methanol to olefin technology) has attracted the attention of the reporter. It is the Heart of the entire base. DMTO was developed by Dalian Institute of Chemical Technology, Chinese Academy of Sciences, and won the first prize of national technological invention in 2014.

　　Zheng Yueming, chairman of Levima Advanced Materials, told the Daily, “DMTO technology is the Deliverer of methanol overcapacity. It converts methanol into ethylene and propylene and carries out deep processing to produce high-end materials urgently needed in China, gradually realizing import substitution.”

　　Zheng Yueming is confident. The special high-melting homopolymerized polypropylene material independently developed by Levima Advanced Materials has been successfully applied to packaging materials in the fast-disappearing market. It is the main raw material for transparent disposable lunch boxes and milk tea cups, occupying the mainstream position in the domestic market. In the field of cable special materials, EVA products with high VA content have a leading market share in China; In the field of solar photovoltaic adhesive film materials, FL02528 products developed by the Company broke the situation that most domestic products depend on imports;  Ethylene oxide derivatives have reached international standards in daily chemical, construction, textile, metal processing, pesticides and other fields. Most products have been realized import substitution ... The heavyweight achievements of the Chinese Academy of Sciences have been transformed into products that replace imports and into market shares. Behind these breakthroughs are the tremendous power of core technologies, business models, transformation capabilities, capital support, and the most critical factor, the human resources.

　　After years of training in Sinopec technology department, Zheng Yueming, once served as senior executive in many enterprises with both technical and management experience, has been attracted to become the concrete executor of DMTO technology industrialization and the founder of Levima Advanced Materials. However, the scarcity of high-end materials in China and breakthrough of DMTO technological in chemical industry overlap to provide strategic orientation for Levima Advanced Materials.

　　The transformation ability of Levima Advanced Materials is exactly what the Chinese Academy of Sciences sees into. In the Alliance, the Chinese Academy of Sciences will use its research and development resources and innovation capabilities in the advanced materials field to combine with the industrial foundation, transportation and management capabilities and technological transformation capabilities of Levima. On the one hand, it will help improve the achievement transformation and industrialization efficiency of the Chinese Academy of Sciences in the advanced materials field. On the other hand, it is also helpful for Levima Advanced Materials to integrate resources to build industrial advantages, strengthen core competitiveness and enhance its influence in the field of advanced materials.

　　From Knowledge to Capital to Create Canal System

　　How to turn good technology into good products has never been an easy work. Suo Jishuan said that enterprises should be gradually promoted as the main body of technological innovation to open up a Canal System from IP (intellectual property or intellectual capital) to IPO (listing or capital)  by relying on the research strength of the Academy of Sciences and through the linkage among innovation chain, industrial chain and capital chain.

　　How to understand this Canal System? The member unit of the Alliance, namely the relevant research institute of the Chinese Academy of Sciences, is the source of innovation chain, exporting high-quality scientific and technological achievements; Through the pilot scale-up of various engineering research centers in the Alliance, it will interface with key enterprises such as Levima Advanced Materials. The latter will use its own professional operation team and mature transfer and transformation experience to promote the industrialization of achievements, which is an important part in the industrial chain; In the process of advancing from innovation chain to the industrial chain, the capital chain intervened to provide support and guarantee and accelerate the deepening integration of science and technology and economy.

　　Interestingly, combing the history of the rise of Levima Advanced Materials is a history of Innovation chain - Industrial chain - Capital chain linkage. The original technology of Chinese Academy of Sciences, the operational capability of Levima Team and the financial support of CAS Holdings, all have produced chemical reactions and finally become a benchmark enterprise in the field of advanced materials.

　　According to Suo Jishuan, similar to the Advanced Materials Alliance of the Chinese Academy of Sciences, there are currently 10 leading enterprises of Chinese Academy of Sciences leading the formation of 11 alliances, with members including more than 300 research institutions and enterprises both inside and outside the institute.

　　This is a win-win layout. For the powerful institutes of the Chinese Academy of Sciences, they have no distractions in their research and development, transferring the results to professional operation teams for transformation, thus improving the success rate; The leadership of CAS Holdings often uses the term Canal to describe the linkage of the three chains. Behind the simple analogy is their grand blueprint to build a Canal System from an ocean of knowledge to an ocean of capital, suitable for China's Innovation and Entrepreneurship Ecosystem.

　　After opening up the three chains of industry, innovation and capital, Zheng Yueming plans to promote Levima Advanced Materials to make intensive efforts in the fields of advanced polymer materials and special chemicals. At the same time, he intents to the invest in the fields of electronic chemicals, biological materials and the forth to create a leading industrial cluster in several advanced material subdivision fields.