On November 7, Shandong Meichen Science & Technology Co., Ltd. announced that it was to establish a wholly-owned subsidiary for the applied research of advanced polymer materials.   

This subsidiary, with the registered capital of 10 Million Yuan, will scale up the applied research of high-performance thermoplastic elastomer material and advanced polymer composite material based on the existing fluorinated silicone rubber polymer material, and then gradually open up the application of advanced polymer material as well as its composite material in the market fields of environmental protection equipment, constructional engineering, rail transportation, aerospace and wind power. It is built to be a company focusing on research & development and production of new advanced polymer material and advanced polymer composite material in the future.