On July 25th, the groundbreaking ceremony of Yantai Fouley New Materials (Phase I) Project (hereinafter referred to as the "Yantai Fuli Project") was held in the Fouley New Materials Factory area of Dingzi Bay Intelligent Manufacturing (New Materials) Industrial Park. Haiyang Municipal Party Committee, municipal government and relevant department leaders, many partners of Fulai New Materials and Fouley new materials attended the commencement ceremony to witness this important moment. This means that the two-wheel drive strategy of "industrial integration and diversified applications" of Fulai New materials has entered a new milestone.

The site of the groundbreaking ceremony

Xia Houjun, chairman of Fulai New Materials, delivers a speech

Mr. Xia Houjun, Chairman of Fulai New Materials, expressed his heartfelt thanks and warm welcome to the government leaders and guests and friends who attended the ceremony. He said: Yantai Fouley project can not be separated from Secretary Liu Haibin as the representative of the Haiyang Municipal Party committee, municipal government, all bureau commissions, village party committees and governments of the strong support and help, also is inseparable from the project construction team day and night of hard work and unremitting efforts.

The Yantai Fouley Project is an important layout for Fulai New Materials to promote the dual-wheel drive strategy of "sustainable development as the core, green environmental protection as the concept, and the implementation of "industrial integration and application diversification". The successful commissioning of the project means that Fulai New Materials will provide customers with more fields, wider ranges, and better services. It will effectively help improve the application research and development technology and product performance in emerging fields, and also lay a solid foundation for Fulai New Materials to enhance its integrated core competitiveness.

"Never satisfy yesterday’ success, never stop tomorrow’s pursuit" is our enterprise spirit, We will continue to uphold the principle of Win-win cooperation, continuously deepen cooperation with all parties, contribute to the high-quality development of the local economy. At the same time, we closely focus on the corporate vision of "empowering coating, and being a value creator of New Materials", deeply cultivate the coating industry, continuously enhance brand influence in various business segments, achieve a gradual increase in market share, and strive to become an innovator and leader in the domestic functional coated composite materials industry.

Vice mayor of Haiyang City Zhang Jinfu, make the speech

Deputy Mayor Zhang expressed warm congratulations on the smooth start of the Yantai Fouley project. He emphasized that the Yantai Fouley project is an important part of promoting the construction of Haiyang's Green, Low-carbon and High-     quality development demonstration park, and is also an important achievement of Haiyang City in implementing industrial chain investment promotion and breaking through the new materials industry. The construction of the project will surely drive Haiyang City's new materials industry to a new height and give birth to new development opportunities. It is hoped that Fouley will seize the current good opportunity, organize construction units to promote project construction with high quality and efficiency, and strive to Complete the project & Operate and see Benefits as soon as possible.

General manager of Fulai Li Yaobang, introduced the Project

General manager of Fulai Li Yaobang said that Yantai Fouley project is an important support for the Green and Sustainable development strategy of Fulai New Materials, Haiyang is the base which had plentiful energy resources and an important national green energy. In Haiyang, Yantai Fouley Project will provides the market and customers with more environmentally friendly, greener and more in line with sustainable development products, jointly help the national carbon peak, carbon neutral "double carbon" goal, and practice corporate social responsibility.

At the same time, the Yantai Fouley project is also an important support for Fulai to take the road of intelligent manufacturing and strengthen its service capabilities.

The Yantai Fouley project has introduced the state-of-the-art equipment, adopted the latest automation system, developed process flow with independent intellectual property rights, which can provide the market and customers with products with wider coverage and better performance, with the help of excellent logistics capabilities, it can serve various regions across the country more quickly, and can quickly respond to customer needs, Improve the company's overall competitiveness.To further promote the "industrial integration, application diversification" dual-wheel drive strategy to help empower.

Fouley New Material project introduction

Yantai Fouley project focus on Research & Development, production and sales of new functional original film materials, the project covers a total area of 160,000 square meters, a total investment of 23 million US dollars, a total of III phases of investment and construction. Phase I held today to celebrate the start of construction, a total investment of 980,000 US dolloars, covers 67,000 square meters, importing of 2 advanced BOPP production lines from France can be reaching about 100,000 tons/year, the 1 production line has been successfully put into operation already, the 2 production line expected to complete the installation by the end of the year.

The Ceremony of Commencement

As the countdown beginning, the leaders of Haiyang City, Director Li Wencheng, Chairperson Wang Yan, Vice Mayor Zhang Jinfu, and Vice Mayor Liang Jingjun, together with the Chairman of Fulei New Materials, Xia Houjun, and the General Manager of Fuli New Materials, Chi Fuyi, jointly triggered the start ball, completing the groundbreaking ceremony and witnessing this historic moment.

Looking forward to the future, Fulai New Materials will unswervingly practice the enterprise mission of "making the world more colorful", and Fouley New Materials will also draw a beautiful New Roll in Haiyang, a beautiful coastal city. We are looking forward to it, and we are working hard!