GZJF Advanced Materials Technology Group is one of the companies with the most complete product range in the new chemical materials industry in the world, and its subsidiaries involve different advanced materials business units:
High performance carbon fiber composite material
It mainly produces high-performance carbon fiber and composite material structural parts, which are produced by its subsidiary GZJF Carbon Fiber Material Technology Company; the product has been successfully used in drone manufacturing; during the 2020 mid-year report, it will benefit from the automotive and drone market The company’s carbon fiber and composite materials sales revenue has achieved rapid growth. During the reporting period, the company successfully developed multi-scale fiber-reinforced thermoplastic composite materials and long carbon fiber-reinforced thermoplastic composite materials, further enriching the thermoplastic composite product line. At the same time, two German composite production lines introduced by the company were successfully put into operation, which expanded the company's total composite material production capacity to 15,000 tons. In 2020, the company's carbon fiber and composite materials revenue will be 178,121,600 yuan.
Biodegradable plastic
China's leading degradable plastics; GZJF is the only fully biodegradable plastic manufacturer in Asia that has fully mastered the core technologies of polymerization, modification and end-use applications. The sales volume of biodegradable film materials is the top three in the world and the first in Asia. In the first half of 20 years, the company's fully biodegradable plastics have been sold steadily in domestic and foreign markets. The sales volume of products was 31,400 tons, a year-on-year increase of 49.28%; as of August 2020, the company has 60,000 tons of fully biodegradable plastics per year At the same time, the company's newly-added PBAT synthesis production line with an annual output of 60,000 tons and a PLA synthesis line with an annual output of 30,000 tons are under construction. It is expected to be put into operation in the second half of 21.
The company's semi-annual report for 2019 disclosed that GZJF has achieved large-scale supply of Tesla, FCA, and Ford and other domestic OEMs in the United States, and has also initiated material approval work for Tesla's new domestic factory.
5G equipment material LCP
On January 20, 2020, the company stated: For the 5G communication field, LCP materials are indispensable materials in the high-frequency communication field. Terminal flexible antennas, base station antenna oscillators and high-frequency communication connectors based on LCP have been rapidly promoted. The company's technical strength in the development and application of LCP materials is highly recognized by China's famous 5G communication equipment manufacturer Huawei. It has signed a cooperation and technical confidentiality agreement with the company to jointly develop the application of LCP in the 5G field.
Modified plastic
One of the domestic manufacturers of modified plastics with the most complete products and the largest output; the main product is modified plastics; the sales scale in the first three quarters of 2017 was 16.586 billion yuan.