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Anshun civil aviation national high tech industrial base administration committee and Yangzhou Xinyang Technology Development Co., Ltd. (Yangzhou Xinyang) has formally signed the investment cooperation agreement.
Yangzhou Xinyang advanced composite material base project has officially settled in Anshun development zone.Yangzhou Xinyang is a national high-tech enterprise, located in Yangzhou Hanjiang economic and technological development zone. Yangzhou is a beautiful scenery city rich in Chinese history and culture. Yangzhou Xinyang has a registered capital of 37.5 million Yuan (US$ 6.25 million) with a total asset of 130 million Yuan (US$ 21.67 million). Recently the company has developed very fast with an annual growth rate of more than 50%. In 2012, Yangzhou Xinyang has achieved 250 million Yuan (US$ 41.67 million) output value.It specializes in high-performance carbon fiber composite material and GFRP composite material products research and development. It is one of China high performance composite leading enterprises.The enterprise has built the Jiangsu province carbon fiber composite materials engineering and technology research center, Yangzhou Xinyang has established a long-term stable relation of cooperation with Beijing Institute of Aerial Materials and Chinese Academy of Sciences Shanxi Coal Chemical Institute. The company is the social practice base for students of Northwestern Polytechnical University.The company has assumed 8 national and provincial science and technology projects, obtained 6 invention and utility model patents, and is applying for 6 invention and utility model patents. Yangzhou Xinyang FRP high pressure pipeline and FRP large containers have been identified as state-level key new products.Its API threaded epoxy FRP high-pressure oil pipe has reached America API standard. The high pressure FRP pipes and FRP sand cable general pipe projects have won the supporting funds from China central government.Yangzhou Xinyang main products include aerospace composite structures components, high pressure oil pipe, and FRP large oil tank. Ynagzhou Xinyang products have been widely used in national big oilfields, petrochemical companies, shipbuilding companies, military industrial enterprises. Products have been applied in Jiangmen oilfield, Qinghai oilfield, Sichuan oil field, Jilin oilfield, Yumen Oilfield, Shaanxi oilfield, Chongqing salt etc... The products have been exported to countries include Iran, Kazakhstan, and Iraq.Yangzhou Xinyang's investment in the construction of new Yang advanced composite base project at Anshun development zones has a total investment of 300 million Yuan (US$ 50 million), the project plans to cover land of a 330 mu (220000 square meters).More information:www.fenzhi.com - www.anshun.gov.cnOriginal language Chinese