Wuhan Kingfa Science & Technology Co., Ltd.

Wuhan Kingfa Science & Technology Co., Ltd. is a high-tech enterprise specializing in the research and development, production, and sales of high-performance functionalized modified plastics new materials. The company is a wholly-owned subsidiary of Kingfa Sci. & Tech. Co., Ltd. (stock name: Kingfa Sci. & Tech., stock code: 600143), China's first high-tech listed company in the modified plastics industry. The company was registered and established in July 2014 with a registered capital of 400 million yuan. It is located in the *** Development Zone—Wuhan Economic and Technological Development Zone, covering an area of 600 mu, and currently has 400 employees. It has passed certifications including ISO 9001, ISO/TS16949, and ISO 14001, and has an annual production capacity of 150,000 tons of modified plastics.
The company's leading products are widely used in fields such as home appliances, OA equipment, IT communications, automobiles, home building materials, toys, power tools, lighting, and aerospace. The company has been awarded the "Top Ten Private Enterprises in Wuhan Economic and Technological Development Zone (Hannan District)" for two consecutive years, and has also been selected as one of the "Top Ten Innovative Enterprises in Wuhan Economic and Technological Development Zone (Hannan District)," "2017 Top 100 Wuhan Private Innovative Enterprises," "2018 Top 100 Wuhan Private Enterprises," and "2018 Top 100 Manufacturing Enterprises in Hubei Province." It ranks among the top in the Central China market and is a relatively large-scale and innovative modified plastics new materials enterprise in Central China.
Since its establishment, the company has emphasized technological innovation. In 2016, it was approved to establish a Hubei Province-recognized Enterprise Technology Center; in 2017, it established an Academician and Expert Workstation; and in 2018, it was approved to establish a Hubei Province Engineering Technology Research Center. Currently, it has established research and development institutions such as a R&D Center, Pilot Test Base, Testing Center, Performance Evaluation Center, and Color Matching Development Center. The company has also introduced a batch of advanced professional scientific research equipment from the United States and Germany, including high-end electronic universal testing machines, pendulum impact testing machines, thermal deformation Vicat softening point testers, and constant temperature and humidity test chambers, providing strong resource support for research and development and quality control. It currently holds 21 invention patents and has cumulatively applied for 62 Chinese invention patents. In 2016, it was selected as a "Hubei Province Intellectual Property Demonstration Construction Enterprise" and passed the intellectual property management system certification.
The company has jointly built an industrial value chain for plastic modification and application with many customers and suppliers, including numerous Fortune Global 500 enterprises. It will further take technological innovation as the guide, vigorously implement high-tech industrialization, and strengthen modified plastics new materials, striving to seize opportunities in the reshaping of the global economic and industrial order and lead a new round of innovation and application development in modified plastics new materials. It is committed to improving the industrial value chain of "chemical engineering—modified plastics—industrial new materials application" and will contribute to the sound and rapid development of Wuhan's economy.
Wuhan Kingfa Science & Technology Co., Ltd. has a registered capital of 400 million yuan and a total project investment of over 5 billion yuan, with an expected annual output of 520,000 tons. After full production, it is expected to achieve annual sales revenue of 15 billion yuan. The company currently has two wholly-owned subsidiaries: Wuhan Kingfa Science & Technology Enterprise Technology Center Co., Ltd. and Wuhan Kingfa Science & Technology Industrial Co., Ltd.