In 1993, FAPU chemical plant of Zhejiang testing and Analysis Center was established.

In 1997, it was privatized to Hangzhou Kefeng Chemical Co., Ltd.

In 2006, Zhejiang Kefeng Chemical Co., Ltd. began to put into operation

In 2014, Huzhou Deqing production base was established and Zhejiang Kefeng New Material Co., Ltd. was established as a branch company.