Introduction
Jiangsu Jiasheng New Material Co., Ltd. was established on September 12, 2002, located in Lingang Economic Development Zone, Jiangyin City, Jiangsu Province. The company covers an area of 88,068.8 square meters with a registered capital of 150 million RMB and an annual production capacity of 360,000 tons of EPS. Its wholly-owned subsidiary, Dalian Jiasheng New Material Co., Ltd., has an annual production capacity of 360,000 tons of EPS, with the first phase of 120,000 tons commencing operation in October 2013.The company's main product is "Expandable Polystyrene Plastic," branded as "Jiachang EPS." Expandable Polystyrene (EPS) is widely recognized as a simple and economical packaging material and lightweight building insulation material. Due to the development of the home appliance industry, high-tech computer industry, construction, and civil engineering, the demand for EPS is increasing daily. Currently, the annual demand in mainland China is approximately 2 million tons, with an annual growth rate of over 10%. Moreover, the EPS project is an industry encouraged by the state. Therefore, the establishment of Jiangsu Jiasheng New Material Co., Ltd. aims to meet the growing market demand, provide customers with high-quality and cost-effective EPS products, and jointly promote the development of the EPS industry.
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