CHONGQING POLYCOMP INTERNATIONAL CORP.

Chongqing Polycomp International Corp. (CPIC) is a large state-owned enterprise integrating R&D, production and sales of fiberglass products. CPIC mainly produces high-quality alkali-free fiberglass and glass fabric series products. CPIC was established in 1991. The former is Chongqing Fiberglass Factory established in 1971. Yuntianhua Group Co., Ltd. made investment in 1999 and now becomes the major shareholder. CPIC has the total assets of more than RMB 10 billion and more than 6,000 employe... es. CPIC has established production bases in Chongqing, Shanghai, Zhuhai, Changzhou, Brazil and Bahrain. The annual capacity of fiberglass exceeds 600,000 t, and that of glass fabric reaches up to 150 million meters. CPIC has 4 sales subsidiaries respectively in North America, Europe, Russia and Hong Kong. CPIC is devoted to produce stable-quality and continuously improved fiberglass products, and always treats the quality as the life of the enterprise. The quality of CPIC's products always take the lead in China and meet the general international standards. Through several years of exploration and contribution, CPIC has owned world-class independent core technologies and 67 invention and utility patents including TM and ECT. The product roving was granted the title of “China Brand”, and passed the certification of Germanischer Lloyd (GL), Lloyd's Register of Shipping (LR) and Food and Drug Administration (FDA). CPIC’s products have been sold to North America, the Middle East, Europe, Southeast Asia, Africa, etc., with the export volume exceeding 50% of total sales volume. Now, CPIC has developed stable cooperative relation with more than 30 foreign companies such as GE and Dupont. CPIC’s products are widely used in the fields of urban architecture, interior decoration, automobile industry and mechatronics, and gradually occupy the emerging markets of wind power generation, aviation, etc. In 1990s, CPIC grasped the historic opportunity for the rapid development of China's fiberglass industry and the integrative recombination of the world's fiberglass industry to rapidly realize international and integrated industry layout, and create the miracle of boosting China's fiberglass industry to enter the international market. In the future, CPIC plans to strengthen the quality and expand the market, and comprehensively enhance the core competitiveness of the enterprise by continuously optimizing the industry structure, making more efforts to extend the industry chain and vigorously developing new environment-friendly fiberglass products with large market demand and high technical content. CPIC will make corresponding changes according to global economic adjustment, proactively insist on internationalization and integration, and constantly purse innovation and excellence by standing on the market and customer service, striving to become one of international excellent suppliers in the world’s fiberglass industry.More