The New material industry
The output value, in 2020, was 33.919 billion yuan with a year-on-year growth of 8.5% of the new material industry. It has a number of listed enterprises such as Jiangsu Shuang Xing New Materials Co., Ltd., Jiangsu Boqian New Materials Co., Ltd. and Sidike New Materials Co., Ltd., and more than 100 sets of various imported film stretching equipment. Shuang Xing New Materials’ annual output, 300,000 tons of high-function polyester optical film, ranks the top in the same industry in China. Boqian New Materials is the largest manufacturer of high-end nanometer nickel powder in China and the second largest in the world. The output of high-end nickel powder accounts for about 15% of the world's total output. The company was listed on the Shanghai Stock Exchange on December 8 last year.