Hangzhou Jufeng Advanced Material Co., Ltd.

Established in 2018 and based in Hangzhou, China, the company founded by the founding team of the listed company in cooperation with the Joint State Key Laboratory of Chemical Engineering (Zhejiang University), the company has a research and development team of more than 20 people, including 4 doctors and 6 masters, with 12 invention patents (4 authorized, 8 pending) covering polymer materials, polymer processing, elastomer technology and organic synthesis. The company has a complete experimental center and more than 12000 square meters of high-standard production workshops, with a production capacity of 50,000 tons/year, as well as a new research and development and industrialization base of 50 acres under construction. The company is mainly engaged in modified polyolefins, modified engineering plastics and other high-end modified materials, as well as specialty polymers including fully biodegradable resins and high-performance electronic chemical materials. At present, the products successfully developed and formed mass production and sales are mainly include: fully biodegradable plastics, thermoplastic silicone elastomers, modified engineering plastics, polyolefin modified materials, specialty nylon, modified PPO and other products.

The products are widely used in 5G communication, new energy vehicles, food and medical care, environmental degradation, etc. The company raised a series A funding in April 2022, this round of funding will accelerate the research and development iteration and commercial expansion of the company's product lines in engineering plastic modifiers, 5G ultra-low dielectric polyphenylene ether, fully biodegradable resins, special polyamides (nylon), high-end polypropylene modifiers, etc.