Sinoma Science & Technology (SZ:002080) Sou Hu Cai Jing·2025-12-16 03:08Group 1 - The core point of the article is that China National Materials Technology (中材科技) has established a new subsidiary in Tengzhou, Shandong, with a registered capital of 240 million yuan, focusing on the manufacturing and sales of high-performance fibers and composite materials [1][3] - The new subsidiary, China National Materials Technology (Shandong) Composite Materials Co., Ltd., is the third subsidiary of the company in Shandong, following the establishment of Taishan Glass Fiber Co., Ltd. and China National Materials Lithium Film Co., Ltd., which is 48.39% owned by the company [1][3] - The three subsidiaries in Shandong achieve vertical integration across the supply chain, covering "raw materials—materials—components" [1] Group 2 - China National Materials Technology is headquartered in Nanjing, Jiangsu Province, and was established in December 2001, with its IPO in November 2006 [3] - The company's main business includes three leading industries: glass fiber and products, wind turbine blades, and lithium battery separators, along with research, manufacturing, and sales of high-pressure composite gas cylinders and other composite materials [3] - The primary products of the company are wind turbine blades, glass fibers and their products, and lithium battery separators [3]