Shanghai YGZC New Materials Technology (Group) Co.
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Ⅰ. Company Profile
(One) Basic Information
SHANGHAI YONGGUAN ADHESIVE PRODUCTIONS CORP.,LTD,was set up in 2002, and now it boasts two production base of the Zhujiajiao Industrial Park in Qingpu district Shanghai and Yuanshangang Industrial Park in Dongxiang county, Fuzhou city, Jiangxi province respectively and with a total area of about 262,000m2 and over 1600 employees. In May 2014, it completed its share reform and on 15 September, 2014, it was listed on the New Three Board (New OTCBB) with its share code being 831135.

Our company is specialized in producing various middle-and high end adhesive products which are environmental friendly, and among of all products pipeline tape serves as our knockout one which is widely used in the field of tape industry at home and ranks on the top abroad. With using the advanced management system of ERP, advantage of excellent supporting industrial chain and equipments for large-scale production, we have won trust from our partners and customers in terms of time, quality, cost and service. Around 90% of our products are exported to many countries and regions with Japan, Europe, America and other developed regions as the main destination and Southeast Asia, Central East, Australia and South America as the side destination. Since 2007, our sales volume and revenue tax have enjoyed an annual increase of over 30% and the former reached RMB655 million in 2014.

(Two) The History Evolution of Our Company

1995 – 2001  Our company, formerly known as Cangnan Longgang Andeli Tape Factory in Wenzhon, was set up in 1995 with the business focus on OPP sealing tape, printing tape and PE protective tape; 

2001 – 2003  We started producing hot-melt and pressure-sensitive duct tape with only coating machine being available;

2003 – 2004  We started having our first laminating machine of independent design ( this was also the first set in Chinese tape industry.), which broke our dependence on importing duct tape from Taiwan; 

2004 – 2005  We started producing hot-melt and pressure-sensitive tape of our own design, which changed the fact that the glue purchased was uncertain in quality and high in cost;

2005 – 2006  We started adopting the product diversification strategy and producing hot-melt and pressure-sensitive tape of double-side (carpet, PP, IXPE), hot-melt and pressure-sensitive tape of aluminum foil and hot-melt and pressure-sensitive masking tape;

2006 – 2007  In order to meet Japanese market demand, we started producing cleaning tape and kraft paper tape, and set up our first branch factory;

2007 – 2008  We started our R&D on the blended masking tape of synthetic rubber and natural rubber and made efforts to put the natural rubber duct tape in production, and we set up our second branch factory;

2008 – 2009  We started making efforts to put the hot-melt and pressure-sensitive OPP tape, and it was forecasted that the trial production success would be in October 2010. We set up our third branch factory;

2010 – 2011  The trial production of natural rubber duct tape succeeded, and the first German NOSON hot-melt coating head was successful in trial operation, and our blended tape of synthetic rubber and natural rubber succeeded;

We started producing the hot-melt and pressure-sensitive masking tape in a large. Meanwhile we developed the masking tape of Acrylic type; 

2011 – 2014  In order to further strengthen our competitiveness of paper tape and reduce the land limit, we invested RMB180 million in purchasing a piece of land of about 220,000m2 in Jiangxi province. Jiangxi YG Technology Development Co., Ltd was put into use;

We were listed on the New Three Board (New OTCBB) in 2014. 

(Three) Technology Advantage

In 2009, our company was conferred as Shanghai High-tech Enterprise, Shanghai Little Technology Giant Incubator and Shanghai Qingpu Technology R&D Central Enterprise. We boast a R&D team of about 60 technicians, most of who have obtained college degree and above and worked in this industry for a long time with corresponding expertise, experience and R&D ability. So far 10 of our products have been conferred “invention” patent and several “utility” patents. In 2014, we applied for another 14 invention patents. Additionally, we have passed many certifications such as ISO9001-2008, REACH, America UL, Canada CSA, EU ROHS, Global BSCI, etc, and met the SGS.

(Four)  Our Main Products

Our main products include duct tape, cleaning tape, masking tape, PVC electrical tape, kraft paper tape, OPP sealing tape. And our industrial chain has also been fully developed with new fields such as paper making, special paper processing, plastic injection, glue manufacturing, pipe manufacturing, cardboard box manufacturing, printing, packing and design.  

Ⅱ Forecast on Future Development

Fierce competition exists in our domestic tape industry, but most enterprises only produce low-end products. With the economic development at home, various high-tech products of different types such as improved version, special version, reaction version and nano version ( all kinds of pressure-sensitive glue and tape for electronics, anti-counterfeiting, heat- and cold-resistant and medical use) will enjoy a good market. As present, we have mastered the core technology with a certain scale capacity, and based on what have achieved we will launch new products of our own brand in future and make great efforts to tap our domestic market. Additionally we are planning to carry out the phase Ⅱconstruction of Jiangxi base ( to upgrade the industrial chain of masking tape and PVC tape and to implement project of scale production), the Nanxun project in Huzhou city Zhejiang province (the OPP film production and projects of coating tape and tapes processing), Xiaoshan project in Zhejiang (medical use tape), the reconstruction project of R&D headquarters in Shanghai, and finally we are to be listed on the Main Board of IPO.

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