Jiangsu Changhai Composite Materials Co., Ltd.

Jiangsu Changhai Composite Materials Co., Ltd. is a manufacturing company listed on the ChiNext board of the Shenzhen Stock Exchange since 2011. The company specializes in the research, development, production, and sales of glass fiber products and composite materials, offering integrated solutions that emphasize high performance. Its primary products include glass fiber yarn, chopped strand mat, glass fiber tissue, AGM composite separators, and coated tissue, which are utilized across various sectors such as construction, rail transit, petrochemicals, and automotive manufacturing. The company boasts a complete industrial chain that encompasses fiberglass production, deep processing of fiberglass products, and the manufacturing of fiberglass composite materials. It is recognized as one of the largest integrated producers of non-woven fiberglass products in China and has established a strong vertical and horizontal industrial chain through its subsidiary, Tianma Group. This integration allows for improved labor productivity and resource allocation, enhancing market competitiveness. The company emphasizes product quality through strict quality control measures, which have contributed to the recognition of the "Changhai" brand in the industry.

1. The company is one of the few fiberglass enterprises in China that possess a complete industrial chain covering fiberglass production, deep processing of fiberglass products, and manufacturing of fiberglass composite materials. It is also one of the largest integrated producers of non-woven fiberglass products in China, and is among the few high-tech enterprises in the country capable of manufacturing high-end fiberglass mat products and continuously deepening the processing of these products. 2. The company has a vertical industrial chain mainly consisting of fiberglass yarn, fiberglass products, and fiberglass composite materials, and a horizontal industrial chain through its subsidiary Tianma Group, which mainly includes fiberglass yarn, fiberglass products, chemical products, and fiberglass reinforced plastic products. Through integration, the company has extended its horizontal and vertical industrial chains, formed an industrial chain advantage, and improved labor productivity. The company and its subsidiary Tianma Group have a very high degree of correlation in terms of raw materials, products, equipment, and customers. The chemical auxiliary materials produced by Tianma Group are one of the important raw materials for various fiberglass products of the company. The fiberglass reinforced materials of Tianma Group use fiberglass products such as chopped strand mats and glass fiber tissue produced by the company, forming a relatively complete industrial chain of fiberglass yarn - fiberglass products - resin - fiberglass composite materials. At the same time, the company optimizes the allocation of relevant business resources and reduces raw material costs and related expenses. The company incorporates the operation and management and technical research work of Tianma Group into the overall planning of the company, and both parties learn from each other's strengths, coordinate resources, and jointly improve, thereby enhancing the company's market competitiveness. Through the integration of the sales team, the company and Tianma Group can fully exert their synergy in market expansion, customer resource sharing, etc., thereby achieving and sharing broader and higher-quality market resources and achieving common development. 3. Since its establishment, the company has always emphasized product quality and has established strict quality control and management systems to ensure that each link from raw material procurement to the delivery of finished products undergoes strict quality inspection. Through appropriate rewards and punishments, employees attach importance to product quality and improve the quality rate of products. The responsibility contracting system is adopted to enhance the sense of responsibility and enthusiasm of workshop employees. Through the comprehensive quality management system, the quality awareness of all employees is improved, and products are strictly tested to ensure the quality level of products at the time of delivery. It is precisely under such strict conditions that the "Changhai" brand has been recognized and accepted by customers, and chopped strand mats and glass fiber tissue have become the leaders in the specialized industry, having a certain degree of discourse power. The company adheres to integrity, wins the trust of customers with excellent product quality and good after-sales service, and gradually forms a good reputation and brand effect.