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On June 11, Guangzhou Poly New Material Technology Co.
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The main business of Polymer Technology is the research and development, production and sales of epoxy resins for wind power blades, epoxy resins for electronic packaging, powder coatings, silicone resins and other new composite materials.
In recent years, the company’s business performance has grown rapidly: From 2018 to 2020, the company achieved sales revenue of 145 million yuan, 223 million yuan, and 395 million yuan respectively.
According to the prospectus, Polymer Technology plans to raise 204 million yuan this time, which will be used for resin new material production and technological transformation projects (phase 2), 10,000 tons of resin new materials new construction projects, R&D center construction projects, and supplementary flows.
In order to meet the company's development needs, the company needs to increase the production capacity of epoxy resin used in wind power blades.
The main production cost of polymer technology products is the direct material cost
In 2020, the main suppliers of Polymer Technology are South Korea Kumho Group, Changzhou Tianli, Yangnong Kumho, Hubei Green Home and Yangzhou Chenhua:
