Policy support + innovation drives Gangsheng Precision Plastics to continue to write a new chapter in 20 years of development

Relying on Wuxi City's policy support for the new materials industry, Wuxi City Gangsheng Precision Plastics Co., Ltd., which has been deeply involved in the field of engineering plastics for 20 years, has taken advantage of the momentum and recently received funding from municipal key core technology research projects to accelerate the industrialization of high-performance modified materials and inject new momentum into the high-quality development of the company.

As a locally cultivated * high-tech enterprise in Wuxi, Gangsheng Precision accurately fits into local industrial development plans and has continued to benefit from policy dividends in recent years. According to the "Several Measures on Promoting the High-Quality Development of Wuxi's First Generation Economy", the "R & D and Application of High-Performance Fiber Reinforced Modified Plastics" project in which the company participated has received municipal R & D funding due to its application value in the fields of new energy and high-end equipment., relevant funds will focus on laboratory upgrades and high-end talent introduction.

With policy empowerment, the pace of enterprise innovation continues to accelerate. The company has built a provincial-level enterprise technology center with more than 40 R & D personnel, of which 35% are doctoral and senior engineers, and the annual R & D investment in operating income remains above 8%. Recently, the "Environmentally Friendly Flame Retardant Modified Materials" project that the team is working on has achieved halogen-free flame retardant through formula optimization, and the combustion level reaches UL94V-0. At the same time, it reduces volatile organic compound (VOC) emissions from the material, which is in line with green manufacturing development trend.

Looking to the future, Gangsheng Precision plans to invest 200 million yuan to build a new production base, introduce internationally advanced injection molding and testing equipment, and focus on expanding markets in emerging fields such as new energy vehicles and artificial intelligence equipment. "Based on Wuxi, radiating across the country, and going global, we will start with 20 years of accumulation, continue to lead the development of the industry with technological innovation, and contribute Hong Kong's strength to 'Made in China 2025'." The person in charge of the company said.