Unit:
Longyan High-tech Zone (Economic development Zone) Economic Development Bureau
Project Area:
longyan-xinluo 
Industry:
New Materials Industry
Type of Project:
New Project
Cooperation Mode:
Individual Proprietorship,Joint Venture
Nature of Project:
Encourage
Working Progress in Prior Period:
The project site selection, market research and pre-feasibility study report have been completed
Total Investment:
3000 million yuan
Expected to Attract Investment:
3000 million yuan
Industry

New Materials Industry

In recent years, Fujian Province has seen a growing agglomeration effect in its new materials industry, with a gradually improving innovation system and an expanding variety of materials. The production processes and output of stainless steel materials, ternary cathode materials, tungsten wire for lighting, high-performance automotive aluminum alloy sheets, laser and nonlinear optical crystals and devices, among others, rank among the highest in China. Leading enterprises such as Tsingtuo Group, CATL, Highsun Holding Group, Xiamen Tungsten, Zijin Mining Group, and Deer Technology have been cultivated. Driven by these industry leaders, Fujian has initially formed influential specialty new materials clusters, including lithium battery materials, stainless steel materials, advanced functional textile materials, advanced chemical materials, rare earth materials, and graphene.