On the morning of November 10th, the Nanbao Carbon Fiber New Material Production Project was successfully signed, marking its official establishment in Huai’an.

Nanbao New Materials (Huai’an) Co., Ltd., a subsidiary of Nanbao Resin Group, was founded on February 21, 2020. It holds the distinction of being the first Taiwanese company to settle in the Huai’an, Kunshan, and Taiwan Cooperative Industrial Park, achieving completion and production in its inaugural year. For more than three years, Nanbao has dedicated its efforts to the realm of thermoplastic and thermosetting carbon fiber composites, providing comprehensive service solutions encompassing research and development, design, and production. Its products find extensive applications in various fields such as electronics and automobiles, and are exported to multiple countries including the United States, Germany, and Japan, making significant contributions to Huai’an’s economic and social development. The decision to invest 150 million once again in a carbon fiber new material production project in Huai’an signifies a substantial milestone in the enduring friendship between the two parties. It also represents a landmark accomplishment in the synchronized development of Huai’an and Kunshan.