Future Plans

PHASE II PLANNING

Anhui Guanqi New Materials Co., Ltd., the second phase of the project started construction on July 1, 2023, covering an area of about 50 acres. It is expected to be completed and put into operation before November 2023. 　　The second phase plan includes the construction of a complete set of processes for blowing film, foaming, coating, and slitting. It is planned to establish a central laboratory and invest in large-scale environmental protection equipment. After the project is completed, it can achieve an annual production of 300 million square meters of environmentally friendly tape.

PHASE III PLANNING

Anhui Jinglun New Materials Co., Ltd. has passed its third phase project, which covers an area of about 60 acres and is expected to be completed and put into operation before May 2024.

FUTURE DEVELOPMENT STRATEGY OF THE COMPANY

The company will continue to focus on the research and development, production, and sales of various functional and environmentally friendly tapes, practicing the corporate philosophy of "Fengze Zhongfu, Integrity Standing". As an enterprise that initially focused on home appliance tape as its main product, after continuous accumulation, Zhongfu has initially formed a pattern of coexisting with various high-end products, with some products replacing American 3M Company and Desa Tape. In the future, the company will further enhance its research and development capabilities and technical level in the fields of new energy vehicles, consumer electronics, and adhesive tapes for building decoration, continuously develop more high-quality new products, further complete domestic substitution imports, and increase export sales. At the same time, we are diversifying our development towards fields such as biodegradable and environmentally friendly tapes and multifunctional films, and extending to the upstream core raw material field of the industrial chain. With a market-oriented approach, we are constantly enriching our product structure to gain greater competitive advantages.