The Sichuan Tianyi Science & Technology Co, Ltd was established by the of Chemical Industry's Southwest Research and Design Institute, with State Economic and Trade Commission approval.

It was the Zhejiang Fanghua Group, Ltd.; the Chemical Industry's China Central Research Institute of Science & Technology; of the Ministry of Chemical Industry's Chenguang Research Institute (Chengdu, Sichuan province); and the China Rubber Group Carbon Black Research & Design Institut.

In January 1999, the Ministry of Science and Technology and the Chinese Academy of Sciences named Tianyi Science & Technology a high-tech enterprise and, in August of that year, it was registered in Chengdu's national high-tech industrial development zone. In December of the following year, it issued 45 million shares on the Shanghai Stock Exchange, with China Securities Regulatory Commission approval. The company had 115.72 million shares in all and just over 70 million yuan ($ 11.1 million) in registered capital.

In November 2006, the company underwent a reform in its shares and, on October 24 of the following year transferred 23 percent of its shares to the China Haohua Chemical (Group), Ltd. The company now has 270,175,700 shares.

Company leaders:

President: Gu Gongwei

Vice-president: Zeng Jia

Directors: Gu Gongwei, Zeng Jia, Zhou Jiangning, Li Shuxiang, Wei Dan, Wang Xiaodong, Lin Wanxiang, He Jianguo, Zhang Xinmiao

Supervisory Board Chairman: Li Bo

Vice-chairman: Zhang Jin

Supervisors: Li Bo, Zhang Jin, Nie Yong, Guo Jingwen, Lu Wei, Gao Yuchuan, Liu Xiaobing

General Manager: Li Shuxiang

Board of Directors Secretary: Wei Dan

Deputy General Managers: Wang Xuezai, Zeng Jia (finance director), Chen Jian, Zhou Jiangning, Shen Xiaonan, Yang Chongyi, Wei Dan

Chief Engineer:Tang Hong

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