China's US$150 million carbon fiber new material project successfully signed

On November 10, the Nanbao carbon fiber new material production project was successfully signed and officially settled in Huai'an District, Huai'an City, Jiangsu Province, China, with a project investment of US$150 million.

Nanpao New Materials (Huaian) Co., Ltd. is affiliated to Nanpao Resin Group. The company was established on February 21, 2020. It is the first Taiwan-funded enterprise to settle in the Huai'an-Kunming Taiwan-funded Cooperation Industrial Park. It was completed and put into production in the same year of its establishment.

Over the past few years, Nanpao Company has focused on the field of thermoplastic thermoset carbon fiber composites. Its products are widely used in electronics, automobiles and other fields. It can provide complete service solutions for R&D, design and production. Its products are exported to the United States, Germany, Japan, and many other countries.

On December 29, 2022, the signing ceremony for Nanpao High-tech Investment Co., Ltd. to invest in Changshu Yubo Polymer Materials Co., Ltd. was held. Through this investment, Nanpao Resin Group hopes to further strengthen the epoxy resin application segment to build its own carbon fiber composite material business.