Sinoma Jinjing Fiberglass Co., Ltd

Sinoma Jinjing Fiberglass Co., Ltd. founded on January *8th, ***4 with registered capital RMB **0 million , is an enterprise jointly invested by China National Materials Group Corporation and Shandong Jinjing Technology Co., Ltd with contributive capital of *1% and *9% equity respectively. The legal representative is Mr. Baoguo Wang. The business scope covers fiberglass, composite materials, other nonmetallic material products, and the relative equipment researching, manufacturing and marketing. The company owns utilization and developing rights of *****0 square meters lands in the National New and Hi-tech Industrial Development Zone in Zibo City, and *****0 square meters among them have been developed. The company consists of two facilities (east and west), with more than ***0 workers and RMB**0 million revenue. The company is one of the high-new technology enterprises certified by Shandong Science & Technology Administration. The east facility named PPG SINOMA JINJING FIBER GLASS CO., LTD, established in ***6, is an enterprise jointly invested by the company and PPG Industries with *0% capital contribution from each side, and it has 2 furnaces. USD*9.5 million has been invested initially and top fiberglass technology is adopted from PPG, and the capacity reaches ***0MT per year. The west facility of the company has two wet process fiberglass tissue lines with **0 million square meters capacity per year, and it also has eight high-pressure fiberglass pipe lines with the annual capacity of ***0T per year. The fiberglass tissue is divided into several types and mainly used for waterproofing, anti-corrosion, FRP products, fiberglass battery separator and etc. The high-pressure fiberglass pipes are mainly used for water injection and oil pipeline in the oil field, gas pipeline, city water and waste water, chemical engineering, fire-control and etc.