JSFY Microtransparent Material Technology Group has no competitors in China, and JSFY will target Gore in the United States.
JSFY’s products surround ePTFE membranes and micro-nanoporous materials or micro-porous materials to form various products and applications.
In addition to continuously enhancing its competitive strength in China’s ePTFE industry, JSFY relies on products with performance advantages to sell to the global market, bringing China’s high-end materials to the world, and “competing” with global industry giants.
In 2020, JSFY’s revenue in the international market reached 11.2386 million yuan, an increase of 22.04% year-on-year, and its gross profit margin reached 75.53%, much higher than the domestic 47.44%.
Continuously tap the segmented niche market
In the niche market, JSFY continues to innovate through continuous research and development.
JSFY is mainly engaged in the research and development, production and sales of expanded polytetrafluoroethylene membranes (ePTFE) and other microporous materials and their modified derivatives, seals, and water-retaining membranes. It is a new material supplier with independent research and development and innovation capabilities. And solution providers.
ePTFE membrane is a new type of polymer material with a micron or sub-micron porous three-dimensional network microstructure, which is made of PTFE resin by special processing methods such as stretching and turning.
ePTFE membranes and their components can be applied to many fields such as automobiles, new energy, consumer electronics, cables and their components, medical treatment, aerospace, water purification, dust removal filter materials, packaging, clothing, etc. There are a large number of fine details in each field. According to the market, the downstream application fields are very broad. The potential market space faced by products in the automotive and consumer electronics sectors alone has exceeded 5 billion yuan.
In the past, China’s high-end ePTFE materials mainly relied on imports, and most of the market was dominated by a few foreign giants such as Gore, Nitto, and Donaldson. JSFY gradually penetrated into the existing markets of Gore and Nitto Denko in the United States.
JSFY’s development strategy is based on microporous materials such as ePTFE membranes, continuously tapping niche markets, providing customers with diversified and componentized solutions, and focusing on the development and technological expansion of high-end ePTFE membranes and related components.
Break the technology and market monopoly of global leading companies
JSFY has 10 core technologies and uses these core technologies to establish a complete ePTFE membrane and its component technology system, covering all the main processes from ePTFE membrane production to modification, compounding and component application.
Since 2013, JSFY has gradually mastered the ePTFE membrane stretching process through continuous R&D and trial and error. By changing the stretching ratio, expansion speed, setting temperature and other parameters in different directions, the company can independently produce ePTFE membranes with different opening rates and pore diameters, thereby obtaining products with different properties, and successfully breaking the foreign giant’s technical and partial market Monopoly.
JSFY products have gradually realized import substitution in the four major fields
The application of ePTFE membranes in the automotive field is relatively mature. In 2019, the domestic market share of breathable membranes and breathable plug products has reached 25.42%, and it has formed an import substitution for Gore and Nitto in the United States. The main customers of the company’s breathable membranes and vent products include Huayu Vision, Valeo, Xingyu Automotive Lamps and other well-known domestic and foreign companies. Among them, Huayu Vision and Valeo are the top 5 automotive lighting companies in the world, and Xingyu Auto Lamp [VW China’s supplier] is the top three auto lamp company in China.
In the field of consumer electronics, the market for water pressure-resistant acoustic membranes and MEMS acoustic membranes is mainly monopolized by Gore of the United States. After continuous R&D investment, JSFY has successfully developed similar high-performance products, and water pressure-resistant sound-permeable membrane products have been applied to smart wearable devices such as Huawei and Xiaomi. With the gradual increase in brand awareness of JSFY in the consumer electronics field, it will also replace Gore in the United States in the future.
Desiccant products and sound-absorbing cotton products have also gradually formed import substitutions for Japan’s OZO and Germany’s Sandler.
In the field of new energy, JSFY’s original ePTFE membrane module product-CMD pressure relief valve is mainly used in new energy power battery packs and is one of the core safety components of the battery pack. The CMD pressure relief valve has multiple functions such as air pressure leveling, drying and rapid pressure relief. At present, the product has been recognized by the German Daimler Group, and finally applied to the Mercedes-Benz commercial vehicle EQV through the world’s largest lithium battery manufacturer CATL. Driven by Daimler’s order, CATL plans to promote JSFY’s CMD relief valve as a platform component, which may be applied to all CATL battery pack products in the future.