
Good news: The 1 billion yuan project has been officially signed, and Daomao Niu has successfully settled in Wuxi!
Release Date:
2025-02-12
Source:
On February 11, 2025, the Wuxi New Industrialization and "465" Modern Industrial Cluster Construction Promotion Conference was grandly held. Ms. Zhang Yuanting, General Manager of Jiangsu Damaoniu New Materials Co., Ltd., attended the conference and successfully signed on behalf of the company a new project for the research and production of ultra-low density high polymer physical foaming new materials with a total investment of 1 billion yuan.
Wuxi New Industrialization and The "465" Modern Industrial Cluster Construction Promotion Conference is an important measure for Wuxi to promote industrial upgrading and accelerate the process of new industrialization. The conference aims to further clarify Wuxi's development goals and tasks on the path of new industrialization through project signing, enterprise exchanges, and departmental deployments, laying a solid foundation for building a modern industrial cluster with international competitiveness.
Jiangsu Damaoniu New Materials Co., Ltd. is a high-tech enterprise with completely independent intellectual property rights in the field of ultra-low density physical foaming new materials. The signed project for the research and production of ultra-low density high polymer physical foaming new materials will focus on the development and production of high-performance, environmentally friendly foaming materials. The project will utilize Damaoniu's core technology to produce new materials with characteristics such as high resilience, high insulation, and biodegradability, meeting market demand for high-performance materials while further promoting the green transformation and sustainable development of related industries.
Establishing a factory in Wuxi is a key step in Damaoniu's strategic layout. As the company's third production base in China, the Wuxi factory will undertake the research and production functions of the company's ultra-low density, high resilience, and high insulation materials. Relying on a favorable market economic environment and superior geographical location, occupying 120.8 mu, the Wuxi factory will strive to build an East China center integrating research and development, production, and sales.
In the future, Damaoniu New Materials will continue to increase R&D investment, expand market applications, and make greater contributions to promoting new industrialization and industrial upgrading. We believe that on this land full of opportunities and vitality in Wuxi, Damaoniu New Materials will embark on a new journey and write a more brilliant chapter. Let us look forward together to the wonderful bloom of Damaoniu New Materials in Wuxi, injecting new vitality into the new materials industry and contributing more to green development!
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