In the new material industry in Jiaxing City, Zhejiang Province, there is an upsurge in project construction. Huayuan Photovoltaic Technology Co., Ltd. invested 20 million yuan this year to build a solar battery backplane project to create a monthly production value of about 20 million yuan, the annual output value is expected to reach 200 million yuan. Since the beginning of this year, many new chemical materials projects in Jiaxing City, Zhejiang Province have entered the harvest period just like Huayuan Photovoltaic, directly promoting the steady increase of the industrial economy in Jiaxing.

According to reports, Huayuan Photovoltaic Co., Ltd. manufactures backplanes that are only half the price of imported backplanes, but have advantages in terms of fluorine content, UV resistance, and weather resistance, and are currently applying for national patents.

According to the site of Zhejiang Tianren Color Fiber Co., Ltd., an annual output of 300,000 tons of high-grade dye-free color fiber is under construction. According to Chen Jianqing, head of the company, the total investment of the project will reach 300 million yuan. The first phase of the 100,000 tons/year high-grade dye-free color fiber project will be completed before the end of this year. After the project is put into production, in addition to the cost savings of 3,000 yuan per ton, it will also promote Jiaxing wool sweater companies to achieve non-carbon fiber textiles and improve product quality.

The construction site of Zhejiang Pulit New Material Co., Ltd. is also a busy scene that is in full swing. According to the person in charge of the company, this project with investment of several hundred million yuan mainly produces high-performance modified polymer composite materials such as PP, ABS, etc., all of which reach a production capacity of 100,000 tons per year, an annual sales income of 1.8 billion yuan, and the annual tax revenue is expected to exceed 100 million yuan. The introduction of this project also fills the gap in Jiaxing's industry.

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