Fujian Haiyuan New Material Technology Co., LTD. (hereinafter referred to as "Haiyuan New Material") is a wholly-owned subsidiary of Haiyuan Composite Material Co., LTD., which was registered and established in 2012. The factory is located in the high-tech Park of Wuyi New District, Jianyang District, Nanping City. It is committed to building one of the largest composite material production bases in China and even Asia. Relying on the leading advantage of the parent company in composite hydraulic complete equipment and technology, it is committed to the research and development, production and sales of lightweight products of high-performance composite materials such as glass fiber and carbon fiber. It is the only national high-tech enterprise in China that has mastered the molding process of many kinds of composite materials such as LDT-D, SMC, HP-RTM and PCM. Products involved in the automobile industry, rail transit, construction and other fields.