Yantai Fuli New Material Technology
Develops and produces functional base film materials including BOPP films for packaging and industrial applications, with a production capacity of 50,000 tons/year
- CEO / Founder
- Chichi Fuyi
- Stage
- Active
- Total Funding
- $2.2M
- Latest Round
- Corporate Round
- Key Investors
- Zhejiang Fulai New Materials Co., Ltd.
Technology & Products
Key Products
BOPP films; Functional base film materials
Technological Advantage
Large-scale production capability with 50,000 tons/year BOPP film capacity; integration with parent company's coating and composite materials expertise; established relationships with major beverage and consumer goods companies
Differentiation
Value Proposition
Provides high-quality functional base film materials with large-scale production capacity (50,000 tons/year BOPP films), leveraging parent company's capital and R&D advantages for consistent supply and material innovation
How They Differentiate
Focuses specifically on functional base film materials production while parent company operates in broader coating composite products; has dedicated BOPP film production line with 50,000 tons/year capacity
Market & Competition
Target Customers
Packaging manufacturers, industrial material suppliers, beverage and consumer goods companies
Industry Verticals
Packaging; Consumer Goods; Industrial Materials
Competitors
Zhejiang Fulai New Material Co., Ltd.
Growth & Milestones
Growth Metrics
Reported 407 million CNY revenue in 2023 with 82.9 million CNY total assets, though with net loss of 0.48 million CNY; BOPP film production line with 50,000 tons/year capacity planned for Q4 2022 startup
Major Milestones
Founded in 2021; Received 14 million CNY investment from parent company Zhejiang Fulai New Materials in September 2021; Planned startup of 50,000 tons/year BOPP film production line in Q4 2022; Reported 407 million CNY revenue in 2023
Notable Customers
Nongfu Spring; Master Kong; Wahaha; Yuanqi Forest; Coca-Cola