Jinghua New Materials plans to invest 1 billion yuan to build another project covering 480 million square meters in Neijiang, Sichuan
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On December 15, Shanghai Jinghua Adhesive New Materials Co., Ltd. (hereinafter referred to as “Jinghua New Materials”) issued a statement stating that it had signed an investment agreement in Dongxing District, Neijiang City, aiming to build a second phase of the facility on top of the first phase already existing at its production site in the southwest region. It is reported that the investment amount is around 1 billion yuan, with Sichuan Jinghua New Materials Technology Co., Ltd. as the main company responsible for the project. The construction will be carried out in two phases, with the aim of establishing a production facility capable of manufacturing 480 million square meters of new adhesive materials per year. This includes production lines for 100 million square meters of electronic adhesives, 240 million square meters of automotive adhesives, and 140 million square meters of biodegradable and recyclable materials. The construction period is expected to be no more than 48 months.
The total investment for the first phase of the project is 1 billion yuan, with a land area of 202 mu. It includes the construction of factory buildings and office spaces covering approximately 84,300 square meters. At present, the facility has the capacity to produce 400 million square meters of new types of adhesive materials as well as 25,000 tons of high-performance, biodegradable paper-based materials per year. The second-phase project is planned to have a total investment of 1 billion yuan, cover an area of 150 mu, and produce 100 million square meters of electronic adhesive materials, 240 million square meters of automotive adhesive materials, and 140 million square meters of biodegradable and recyclable materials per year. It is reported that the adhesive industry supplies products such as tapes and adhesives to customers in industries including manufacturing, consumer electronics, automotive, and power battery production, serving as an essential part of the industrial supply chain. The Southwest production base project for Jinghua Adhesive New Materials is funded by Shanghai Jinghua Adhesive New Materials Co., Ltd., a **high-tech enterprise that possesses core technologies such as adhesive R&D capabilities, precision coating technologies, and tape biodegradation techniques. It has developed brand products including tapes for industrial manufacturing, self-produced adhesives for coating applications, and protective films for electronic devices, which are sold to more than 70 countries and regions around the world. A relevant official from Dongxing District in Neijiang explained that once the two phases of the project are completed, the Neijiang facility will become the largest production base in China for Shanghai Jinghua Adhesive New Materials Co., Ltd. The adhesive materials produced in Neijiang will also be exported through the Western Land-Sea Corridor to regions beyond the southwest of China and even to the rest of the world, thereby providing strong impetus for the economic development of the region. It is understood that since the establishment of ties in Shenzhen in 2022, discussions in Wuxi, and the signing of an agreement in Neijiang, Dongxing District of Neijiang City and Jinghua Adhesive New Materials Company have worked together in a pragmatic manner to advance project cooperation. Jinghua Adhesive New Materials Company completed the construction of its factory buildings and the installation of equipment within 14 months, while Dongxing District of Neijiang City finished laying 15 kilometers of dedicated natural gas pipelines in 6 months and built an industrial water plant in 3 months. Together, they set a new record as the fastest time for building facilities at Jinghua Adhesive New Materials Company’s sites, creating a new “Dongxing Speed” for Neijiang.