From July 24 to 26, 2023, Yantai Municipal Party Committee and the Municipal Government will hold the first half of the Economic Development and Rural Revitalization Observation and the Rural Work Conference of the Municipal Party Committee. Jiang Cheng, member of the Standing Committee of Shandong Provincial Party Committee and secretary of Yantai Municipal Party Committee, led a team to 13 districts and cities to observe key industrial projects.

   On the afternoon of July 24th, Secretary Jiang Cheng and his delegation arrived at Singbon New Materials Industrial Park to conduct on-site inspections and visits to the fully automated injection molding production line, exhibition hall, fully automated packaging production line, and Phase II of the industrial park. General Manager Yu Peng gave a comprehensive introduction to Secretary Jiang and his team on the company's business development areas, scientific and technological achievements, intelligent manufacturing, and future development strategies. Secretary Jiang carefully listened to General Manager Yu Peng's introduction on the development of the enterprise and fully affirmed Xingbang's rapid development. He accurately summarized the company's products as "small products, big markets", encouraged enterprises to strengthen their confidence, increase scientific research efforts, identify product positioning, occupy market highlands, and help the enterprise grow and strengthen.

   Singbon New Materials Industrial Park has a total investment of 850 million yuan, mainly researching and producing polymer linear polyester materials, high-tech new material TPU modified materials, downstream extrusion products, and injection molding products. It is a well-known domestic enterprise in the production of new materials throughout the entire industrial chain. At present, the company's leading product market share has reached 45%, ranking first in the country. After all industrial park projects are completed, they can produce 80000 tons of various products annually, achieving sales revenue of over 1 billion yuan and profits and taxes of over 100 million yuan.

   As a national high-tech enterprise, provincial gazelle enterprise, and provincial specialized, refined, and innovative enterprise in the new materials industry, Singbon New Materials has been focusing on product research and development, technological innovation, and application innovation in the field of new materials since its establishment. The company attaches great importance to industry university research cooperation, especially scientific and technological innovation and talent cultivation. Singbon New Materials Research Team is established based on Zhejiang University, And maintain close technical exchanges with the technical team of Tojo Corporation in Japan for a long time. Singbon has always achieved the goal of possessing core independent intellectual property rights for key technologies and seizing the commanding heights of core competition.

   Singbon New Materials is based on environmentally friendly new materials, in line with national development trends, and has broad future prospects. The product can be widely used in industrial and livelihood industries such as footwear and clothing, electronic products, wires and cables, high-end pipes, high-end medical treatment, military industry, household goods, etc., almost covering all fields. The product is exported to dozens of countries and regions in Europe, America, Australia, Southeast Asia, etc.

   On the basis of the original industry, Singbon New Material continues to extend the downstream industry chain. The Ouliyou TPU antibacterial chopping board, which is independently developed and produced, breaks the drawbacks of traditional chopping boards and fills the gap in the domestic market. Its series of products have successfully applied for national design patents and won the bronze medal in the "City Mayor Cup" industrial design competition in Yantai. In June 2023, Xingbang Xincai invited Brenda Wang, a well-known domestic actor, to act as the global image spokesperson of Olleyoo brand, helping the brand to improve rapidly.

   The arrival of Secretary Jiang Cheng and his delegation is a great recognition and encouragement to Singbon. Singbon's team will take this opportunity to continue to boost their spirit, based on the current situation, and strive to develop towards becoming an international first-class new material brand enterprise.

   New materials change life, new materials change the world. In the future, Singbon New Materials will continue to promote the iteration of new material application technology and product innovation based on existing core technologies, create more diversified environmentally-friendly functional new material products, create the beauty of life, and assist in the technological development of Singbon.