Jiangsu Fuliyang New Material Technology, located in the Taizhou Medical High-tech Zone, Taizhou, Jiangsu province, commenced its new energy application material production project on March 10.
Since its establishment in 2008, the company has produced high-quality products that enhance the temperature resistance, durability, and lifespan of photovoltaic modules.
With a planned investment of 560 million yuan ($81 million), the project includes a total floor area of 42,000 square meters and includes three industrial plants, a multi-purpose building, and related facilities.
A rendering of the new energy application material production project. [Photo/WeChat account: weigg6666]
The project focuses on the strategic sectors of new energy and energy storage materials, specializing in the research, production, and large-scale manufacturing of solar laminator high-temperature cloth and continuous thermoplastic composite tapes. Upon completion, the project is expected to generate annual sales of 300 million yuan and a tax revenue of 14 million yuan.
As a key project for the zone's port industrial park this year, the initiative aligns closely with the park's broader industrial development strategy. It also marks an important step for the company as it expands its presence in the rapidly growing new energy sector and strengthens its production capabilities.
With construction now underway, the focus will be on bringing the project into full operation as quickly and efficiently as possible. The park will provide comprehensive support services to ensure smooth progress and help the facility begin operations at the earliest opportunity.