Accelerating Molecular Sieve Material Market Deployment with A New Joint Venture Between FEIZHOU FEIZHOU and CP Nano

Recently, FEIZHOU New Materials Co., Ltd. (hereinafter as FEIZHOU new materials or FEIZHOU) and Pokphand Group Nano Materials Research Institute Co., Ltd. (hereinafter as CP Nano) together announce the registration of a new joint venture, named CP-FEIZHOU High-tech Materials (Shanghai) Co., Ltd. (hereinafter CP-FEIZHOU).

The total asset of CP-FEIZHOU is 100 million RMB. The business range includes the development of new materials, marketing of new materials, sales of chemicals (exclude the chemicals those need to be certified), testing and developing of project and technology research, sales of new catalyst and its auxiliaries, sales of environmental specialized equipment, environmental consulting service, sales of separation and purification equipment for gas and liquid, etc. This external investment is a foresighted and wise move after prudential consideration based on FEIZHOU’s current business and the tide of this industry, and it conforms to FEIZHOU’s “three field strategy”, “internationalization strategy” and “the strategy of product transformation from Molecular sieve adsorbent to catalyst”.

FEIZHOU will take this cooperation as the base to enlarge our advantage in the product category, production scale, and new product development and to accelerate the marketing of current products. Regarding future development, it will further stabilize and promote the influence and position of FEIZHOU in the new material industry.

**The above information is for customers’ reference only. Performance characteristics vary depending on specific application. please contact us by email at info@fznewmaterials.com if detailed application method for materials needed.