On January 27, the completion ceremony of the first phase of the project and the signing ceremony of the second phase of the project of Suzhou Deyou New Material Technology Co., Ltd. was held, marking the addition of a "new army" to the new material industry layout of the Suzhou Industrial Park.
As a high-tech enterprise specializing in the research and development, production and sales of functional materials, Suzhou Deyou New Material Technology Co., Ltd. was established in Suzhou in 2011. At present, enterprise customers have basically covered the main end customers in the consumer electronics industry, including Apple, Microsoft, Samsung, Huawei, LG, OPPO, Boe and other high-quality enterprises, establishing a high-end brand image of enterprises in the field of domestic functional materials.
In January 2019, based on the vigorous development of the enterprise, Deyou decided to settle the company's headquarters, research and development center and intelligent factory in the Suzhou Xiang Cooperation Zone, with a total investment of 300 million yuan and a construction area of about 24,000 square meters. In 2020, the company achieved an annual revenue of 280 million yuan and a net profit of more than 60 million yuan.
"The completion of the first phase of the project is an important milestone for Deyou, and we will open a new chapter of rapid development in the Suzhou-Xiangxiang Cooperation Zone." Yang Huida, chairman of the company, introduced that after more than a year of efforts, Deyou has successfully completed the construction of the first phase of the project, and after the project is fully produced, it is expected to produce 40 million square meters of flexible functional composite materials per year and achieve an output value of 1 billion yuan.
According to reports, Deyou relies on famous domestic universities and R & D institutions, and has its own professional R & D, production and sales team. The company employs 190 people, of which R & D personnel account for about 20%. The first phase of the completed plant, with 4 fully automated import production lines, plans to introduce 4 more production lines in May this year to complete the growing demand for orders.
In view of the current situation of deyou's rapid development, the existing land can reach full production, in order to further broaden the company's production field, on the same day, Deyou and Suxiang Cooperation Zone announced that they will continue to "hold hands" and sign a strategic cooperation agreement for the second phase of the project, planning to add 500 million yuan to invest in the new polyurethane high-elastic foam research and development and production base. According to the agreement, the second phase of the project covers a total area of about 71.97 acres, and the sales income is expected to reach 500 million yuan after the project reaches full production. The total sales of the first and second phases are 1.5 billion yuan.
Yang Huida said that the domestic consumer electronics functional tape market is still in the initial stage of development, and the space is huge. Deyou has a strong ability of scientific and technological innovation, and will be based on the Suzhou-Xiangxiang Cooperation Zone in the future, introducing global innovative technologies into China, and striving to become a leading supplier of adhesive product solutions in the industry.
Correspondent Lv Li Yangzi Evening News/Purple Cow News reporter Yu Suyun
Proofreading Ding Haoyu
Source: Purple Cow News