Phentex (Tianjin) Fine Chemicals Co., Ltd. was established in the Tianjin Economic-Technological Development Area (TEDA) in 2004, following an investment by the American Phentex Corporation. The company focuses on the research and production of high-value biological and chemical reagents, aiming to enhance laboratory research capabilities across various sectors in China. Phentex collaborates with Johnson Matthey, a prominent company recognized among the Global Fortune 500, to develop and penetrate both domestic and international reagent markets. The company anticipated achieving sales of approximately 30 million yuan upon establishing its production base in TEDA, marking a significant investment in the chemical reagent industry within the region