RUGAO, JIANGSU | June 24, 2025 – In a significant show of governmental support for local industry leaders, Mr. Gu Yujun, Vice Mayor of Rugao Municipal People’s Government, conducted an inspection tour of Jiangsu Jiuding New Material Co., Ltd. (SZSE: 002201) on Monday afternoon. The delegation’s visit underscores Rugao’s strategic focus on cultivating world-class advanced materials enterprises within its industrial ecosystem.
Chairman Gu Qingbo and Vice Chairman cum Board Secretary Miao Zhen personally escorted the officials through production facilities while detailing the company’s evolution since its 2007 stock exchange listing. During the technical briefing, Chairman Gu highlighted breakthroughs in four flagship product lines critical to national infrastructure development:
- Continuous filament Mats: Enabling lightweight automotive composites
- Abrasive Backing Pads: Dominating 30% of China’s industrial abrasives market
- High-Silica Fireproof Fabrics: Withstanding temperatures exceeding 1,000°C for aerospace applications
- Fiberglass Reinforced Polymer (FRP) Gratings: Corrosion-resistant solutions for chemical plants and offshore platforms
"Building a ‘single champion product portfolio’ isn’t just our corporate strategy—it’s a necessity for maintaining technological sovereignty in critical materials," emphasized Gu Qingbo, referencing China’s national initiative to cultivate globally dominant niche manufacturers. The company currently holds 17 patents covering resin infusion techniques and high-temperature fiber treatments.
Government-Industry Alignment
Vice Mayor Gu commended Jiuding’s R&D investments, noting their alignment with Rugao’s industrial upgrade blueprint: "Your 4.1% revenue reinvestment in R&D exemplifies the innovation-driven growth we champion. We expect Jiuding to anchor our regional materials cluster’s ascent into high-value global supply chains." The city aims to grow its advanced materials sector—currently contributing 18% to Rugao’s ¥154.6 billion GDP—by 25% before 2026.
Strategic Collaboration Framework
Both parties advanced discussions on establishing a Rugao Listed Companies Association—a cooperative platform designed to:
1. Facilitate cross-industry technology transfers
2. Standardize ESG reporting among local enterprises
3. Negotiate bulk raw material procurement contracts
4. Lobby for provincial-level manufacturing incentives
This initiative builds on Rugao’s recent success in nurturing 12 provincial-level "Specialized, Refined, Unique, and New" enterprises since 2022.
Sectoral Significance
As Jiangsu Province accelerates its "1650" industrial modernization plan (prioritizing 16 advanced manufacturing clusters), Jiu Ding’s specialty materials serve pivotal roles in:
- New Energy: Battery separator components
- Transportation: EV structural composites
- Civil Engineering: Bridge reinforcement grids
Independent analysts project China’s high-performance fiber market to grow at 8.7% CAGR through 2028, with Jiuding positioned to capture expanded market share through government-backed expansion initiatives.
The visit concluded with mutual commitments to formalize association governance protocols by Q3 2025—a move signaling deeper integration of public policy and corporate innovation in eastern China’s industrial heartland.
Post time: Jun-30-2025