On March 8, 2024, Yangling District Committee of the Communist Party of China and the Yangling District Government held a meeting to deepen the "three-year" activities and investment promotion work. At the meeting, they affirmed our company's achievements in economic development in 2023 and reviewed the economic developments gained by our company and presented "Outstanding Contribution Award" to us, herein we are much appreciated with hard-working of our staff and policy supports of local administration and we will make our efforts to make great process in successive section.
Shaanxi Yangchen New Material Technology Co. , Ltd founded in 2012 is wholly-owned subsidiary of Xianyang Sanjing Technology Co., Ltd., which is a experienced manufacturer specializing in R&D of bismaleimide, polyimide materials, modified additives and monomers. Bismaleimide materials are core raw materials in the fields of semiconductors and integrated circuits. It is a strategic new material industry supported by the 14th Five-Year Plan.
The company integrates R&D, production, sales and service. It is currently the manufacturer with the most complete series and one of the largest production capacity in China. More than 75% of the annual output is exported to countries such as the United States, Germany, Belgium, Japan, India and Russia, and has established long-term cooperative relationships with Fortune 500 companies such as DuPont, Lord's, Bridgestone, JSC, and JSR. In 2018, we explored the semiconductor market and established cooperative relationships with Japanese semiconductor material manufacturers. The company's assets are 280 million yuan. It has been approved as a national high-tech enterprise, an industrial enterprise above designated size, a potential gazelle enterprise in Shaanxi Province, and an innovative small and medium-sized enterprise.
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