10-K 1 cxdc_10k-123117.htm FORM 10-K
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

FORM 10-K

ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the fiscal year ended December 31, 2017
or

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from _______________ to _____________

Commission File No. 001-34546

 
CHINA XD PLASTICS COMPANY LIMITED
 
 
(Exact name of registrant as specified in its charter)
 


Nevada
 
04-3836208
(State or other jurisdiction of incorporation or organization)
 
(I.R.S. Employer Identification No.)
 
 
 
No. 9 Dalian North Road, Haping Road Centralized Industrial Park,
 Harbin Development Zone,
Heilongjiang Province, P. R. China
 
150060
(Address of principal executive offices)
 
(Zip Code)
Registrant's telephone number, including area code: (86) 451-8434-6600

Securities registered pursuant to Section 12(b) of the Act:


Title of each class
 
Name of each exchange on which registered
Common Stock, $0.0001
 
NASDAQ Global Market
Securities registered pursuant to Section 12(g) of the Act:  None

Indicate by checkmark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.  Yes   No 

Indicate by checkmark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act.    Yes    No 

Indicate by checkmark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.  Yes       No 

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).    Yes     No
 

 


Indicate by checkmark if disclosure of delinquent filers pursuant to Item 405 of Regulation S-K (§229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant's knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment to this Form 10-K.   

Indicate by checkmark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer," and "smaller reporting company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer  
Accelerated filer  
 
 
Non-accelerated filer  
(Do not check if a smaller reporting company)
Smaller reporting company  

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act).  Yes   No

The aggregate market value of the voting and non-voting common equity held by non-affiliates as of June 30, 2017 was approximately $83,414,335.70.

As of March 9, 2018, there were 49,727,731 shares of common stock, par value US$0.0001 per share, outstanding.

Documents incorporated by reference: None.




CHINA XD PLASTICS COMPANY LIMITED
FORM 10-K ANNUAL REPORT
FOR THE FISCAL YEAR ENDED DECEMBER 31, 2017
Table of Contents
 
 
PART I 
 
  2
 
Item 1
Business
  2
 
Item 1A
Risk Factors
  48
 
Item 1B
Unresolved Staff Comments
  62
 
Item 2
Properties
  62
 
Item 3
Legal Proceedings
  64
 
Item 4
Mine Safety Disclosures
  64
 
 
PART II
 
  65
 
Item 5
Market For Registrant's Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities
  65
 
Item 6
Selected Financial Data
  67
 
Item 7
Management's Discussion and Analysis of Financial Condition and Results of Operations
  68
 
Item 7A
Quantitative and Qualitative Disclosures About Market Risk
  87
 
Item 8
Financial Statements and Supplementary Data
  87
 
Item 9
Changes In and Disagreements with Accountants on Accounting and Financial Disclosure
  87
 
Item 9A
Controls and Procedures
  88
 
Item 9B
Other Information
  90
 
 
PART III
 
  91
 
Item 10
Directors, Executive Officers and Corporate Governance
  91
 
Item 11
Executive Compensation
  99
 
Item 12
Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters
  112
 
Item 13
Certain Relationships and Related Transactions and Director Independence
  114
 
Item 14
Principal Accountant Fees and Services
  115
 
 
PART IV
 
  116
 
Item 15
Exhibits, Financial Statement Schedules
  116
Financial Statements
 
Index to Consolidated Financial Statements
  F-1
Report of Independent Registered Public Accounting Firm
  F-2
Consolidated Balance Sheets
  F-3
Consolidated Statements of Comprehensive Income
  F-4
Consolidated Statements of Changes in Equity
  F-5
Consolidated Statements of Cash Flows
  F-6
Notes to the Consolidated Financial Statements
  F-7

 
 
1

PART I

ITEM 1.   BUSINESS.
Our Business
China XD Plastics Company Limited ("China XD", "we", and the "Company", and "us" or "our" shall be interpreted accordingly) is one of the leading specialty chemical companies engaged in the research, development, manufacture and sale of modified plastics primarily for automotive applications in China and to a lesser extent, in Dubai, United Arab Emirates ("UAE").  Through our wholly-owned subsidiaries Heilongjiang Xinda Enterprise Group Company Limited ("HLJ Xinda Group"), Sichuan Xinda Enterprise Group Company Limited ("Sichuan Xinda"), and AL Composites Materials FZE ("Dubai Xinda"), we manufacture and sell polymer composite materials (a broader category including modified plastics), primarily for automotive applications. We develop our products using our proprietary technology through our wholly-owned research laboratory owned by HLJ Xinda Group and has 444 certifications from manufacturers in the automobile industry as of December 31, 2017. We are the only company certified as a National Enterprise Technology Center in modified plastics industry in Heilongjiang Province.  Our research and development (the "R&D") team consists of 522 professionals and 11 consultants, including one consultant who is an academician of Chinese Academy of Engineering. As a result of the combination of our academic and technological expertise, we have a portfolio of 442 patents, 31 of which we have obtained the patent registration in China and the applications for the remaining 411 of which are pending in China as of December 31, 2017. 

Modified plastics are produced by changing the physical and/or chemical characteristics of ordinary resin materials. In order for plastics to be used to produce automobile parts and components, they must satisfy certain physical criteria in terms of mechanical functionality, stability under light and heat, durability, flame resistance, and environmental friendliness. Our unique proprietary formulas and processing techniques enable us to produce low-cost high-quality modified plastic materials, which have been certified by many of the major domestic and international automobile manufacturers in China. In addition, we also provide specially engineered plastics and environment-friendly plastics for use in oil-field equipment, mining equipment, vessel-propulsion systems and power station equipment.

China XD's primary end-market is the Chinese automotive industry that has been rapidly growing for the past few years where our modified plastics are used by our customers to fabricate the following auto components: exteriors (automobile bumpers, rearview and sideview mirrors, license plate parts), interiors (door panels, dashboard, steering wheel, glove compartment and safety belt components), and functional components (air conditioner casing, heating and ventilation casing, engine covers, and air ducts). Our specialized plastics are utilized in more than 30 automobile brands manufactured in China, including leading brands such as Audi, Mercedes Benz, BMW, Toyota, Buick, Chevrolet, Mazda, Volvo, Ford, Citroen, Jinbei and VW Passat, Golf, Jetta, etc.. As of December 31, 2017, 444 of HLJ Xinda Group's automotive-specific modified plastic products have been certified by one or more of the automobile manufacturers in China and are in commercial production. As of December 31, 2017, 277 of our products were in the process of product certification by automobile manufacturers. In addition, since the second quarter of 2016, the Company has resumed its presence in the Republic of Korea (the "ROK") by selling to the ROK customer primarily higher-end Plastic Alloy after the suspension of the sales to the  ROK customer, which resumed our entry into the international market.

We operate three manufacturing bases in Harbin, Heilongjiang and one manufacturing base in Nanchong, Sichuan Province, in the People's Republic of China (the "PRC"). In addition, we completed and started the trial production in the plant in Dubai, UAE with additional 2,500 metric tons under 10 trial production lines targeting high-end products for the overseas markets.  As of December 31, 2017, in domestic market, we had approximately 606,000 metric tons of production capacity across 134 automatic production lines utilizing German twin-screw extruding systems, automatic weighing systems and Taiwanese conveyer systems. Prior to December 2012, we had approximately 255,000 metric tons of annual production capacity across 58 automatic production lines utilizing German twin-screw extruding systems, automatic weighing systems and Taiwan conveyer systems. In December 2012, we further expanded our third production base in Harbin with additional 135,000 metric tons of annual production capacity, bringing total installed production capacity in our three production bases to 390,000 metric tons with additional 30 new production lines. In December 2013, we broke ground on the construction site of our fourth production plant in Nanchong City, Sichuan Province, with additional 300,000 metric tons of annual production capacity, expecting to bring total domestic installed production capacity to 690,000 metric tons with additional 70 new production lines at the completion of the construction of our fourth production plant. Sichuan Xinda has supplied to its customers since 2013, mainly backed by production capacity in our Harbin production plant in its inception. We installed 50 production lines with production capacity of 216,000 metric tons in the second half of 2016 in our Sichuan plant.  As of December 31, 2017, there is still construction ongoing on the site of our Sichuan plant which is to be expected to be completed by the end of the second quarter of 2018. In order to meet the increasing demand from our customer in the ROK and to develop potential overseas markets, Dubai Xinda obtained one leased property and two purchased properties, approximately 52,530 square meters in total, including one leased 10,000 square meters, and two purchased 20,206 and 22,324 square meters on January 25, 2015, June 28, 2016 and September 21, 2016, respectively, from Jebel Ali Free Zone Authority ("JAFZA") in Dubai, UAE, with constructed building comprising warehouses, offices and service blocks. In addition to the earlier 10 trial production lines in Dubai Xinda, the Company is planning to complete installing 45 production lines with 12,000 metric tons of annual production capacity by end of April, 2018, and an additional 50 production lines with 13,000 metric tons of annual production capacity by end of 2018, bringing total installed production capacity in Dubai Xinda to 25,000 metric tons, targeting high-end products for the overseas market.

 
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In July 2017, the HLJ Xinda Group launched new industrial development project with the Management Committee of Harbin Economic - Technological Development Zone.  It  includes an industrial project for upgrading existing equipment for 100,000 metric tons of engineering plastic resins, which we expect will be completed by the end of June 2018. Also included is an industrial project for 300,000 metric tons of biological composite materials, an industrial project for a 3D printing intelligent manufacture demonstration factory and a 3D printing display and experience cloud factory, all of which we expect to be completed by the end of July 2019.

Our History

China XD, formerly known as NB Payphones Ltd. and NB Telecom, Inc., was originally incorporated under the laws of the state of Pennsylvania on November 16, 1999. On December 27, 2005, we migrated to the state of Nevada.

On December 24, 2008, we acquired Favor Sea Limited ("Favor Sea (BVI)"), a British Virgin Islands corporation, which is the holding company for Harbin Xinda Macromolecule Material Co., Ltd. ("Harbin Xinda") and Harbin Xinda's wholly-owned subsidiary, Harbin Xinda Macromolecule Material Research Institute ("Research Institute"). Harbin Xinda is a high-tech manufacturer and developer of modified plastics, which was established in September 2004 under the laws of the PRC. In December 2010, our management determined that the Research Institute could not meet the Company's development needs, including meeting the criteria to be a National Enterprise Technology Center. As a result, the Research Institute was deregistered.
 
On October 14, 2010, Harbin Xinda established Heilongjiang Xinda Software Development Company Limited ("Xinda Software") to develop software applications that provide certain standard and programmable technical services remotely. Xinda Software was deregistered on December 5, 2016.
 
On March 31, 2011, Harbin Xinda established a wholly-owned subsidiary, Harbin Xinda Macromolecule Material Testing Technical Co., Ltd. ("Xinda Testing"), to develop a nationally recognized testing laboratory and provide testing services of macromolecule materials, engineering plastics and other products.

In response to our rapid business expansion and in order to be eligible for certain beneficial tax policies for certain regions in China, we undertook a group restructuring plan.

From August 2011 to December of 2012, Harbin Xinda established (i) Harbin Meiyuan Enterprise Management Service Company Limited ("Meiyuan Training") in Harbin to provide all year round training to both our existing and new employees, accommodate our customers and business partners as well as host industry conferences; and (ii) Heilongjiang Xinda Enterprise Group Technology Center Company Limited ("Xinda Group Technology Center") in Harbin to focus on long-term research and development projects. Meiyuan Training ceased business in the third quarter of 2016 and Xinda Group Technology Center was deregistered in 2016.
  
HLJ Xinda Group, a wholly-owned subsidiary of Xinda HK Company Limited and the proposed direct parent company of all of our PRC-based operating subsidiaries after the group restructuring was established in December 2011. Harbin Xinda Plastics Material Research Center Company Limited ("Xinda Material Research Center") was established in December 2011 to focus on research and development of products close to commercialization phase.

Xinda Group Material Research was established in December 2012.
 
 
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During the year ended December 31, 2013, following the overall reorganization plan, the Company completed the deregistration of Haikou New Materials, Haikou Technical Center and Haikou Software and merged Xinda Testing and Xinda Material Research Center into Heilongjiang Xinda Enterprise Group Macromolecule Material Research Center Co., Ltd. ("Xinda Group Material Research") in 2013, whose major functions included technical support for our production bases, research and development of modified plastic products for applications in areas such as automotive, high-speed rail, aircraft and others, customer post-sales support, and collaboration with industry leading universities and institutions. Xinda Group Material Research was deregistered in 2016 as a result of group restructuring.

On March 19, 2013, HLJ Xinda Group established Sichuan Xinda, which subsequently established Sichuan Xinda Enterprise Group Meiyuan Training Center Co., Ltd. ("Sichuan Meiyuan"), Sichuan Xinda Enterprise Group Software Development Co., Ltd. ("Sichuan Software"), and Sichuan Xinda Enterprise Group Sales Co., Ltd ("Sichuan Sales") in April 2013, in order to expand our business in Southwest China.  In 2016, Sichuan Meiyuan and Sichuan Software were deregistered and Sichuan Sales merged into Sichuan Xinda as a result of group restructuring.

On April 23, 2013, Xinda Holding (HK) Co, Ltd. ("Xinda Holding (HK)"), formerly known as Hong Kong Engineering Plastics Co., Ltd., set up Xinda (HK) International Trading Company Ltd ("Xinda (HK) Int'l Trading") for import and export business through Hong Kong. In February 2015, Xinda (HK) Int'l Trading was deregistered.

Heilongjiang Xinda Composite Material Co., Ltd. ("Xinda Composite") was established on November 27, 2013.

On January 8, 2014, Xinda Holding (HK) set up AL Composites Materials FZE ("Dubai Xinda") for international expansion business.

On March 5, 2014, Xinda Holding (HK) set up Xinda (HK) Trade Co., Ltd ("Xinda (HK) Trading") for import and export business through Hong Kong.

On June 17, 2014, Xinda Holding (HK) set up Xinda (Heilongjiang) Investment Co., Ltd. ("Heilongjiang Investment") for its domestic investment activities in PRC. On October 19, 2016, Heilongjiang Investment was deregistered.

On August 1, 2014, Heilongjiang Investment set up Nanchong Xinda Composite Materials Co., Ltd ("Nanchong Composite Materials") in order to expand our business in Southwest China and other regions in its proximity. In July 2015, Nanchong Composite Materials merged into Sichuan Xinda as part of the efforts to streamline the Company's management in Sichuan.

On November 12, 2014, Heilongjiang Investment set up Heilongjiang Xinda Meiyuan Tennis Club Co., Ltd. ("Meiyuan Tennis Club") in order to replace the Meiyuan Training.

On October 16, 2015, Xinda Holding (HK) set up Xinda CI (Beijing) Investment Holding Co., Ltd. ("Xinda Beijing Investment") in order to manage domestic companies in mainland China. Pursuant to the agreement of shareholders of Xinda Beijing Investment signed on December 1, 2017, 100% equity of Xinda Beijing Investment was transferred to HLJ Xinda Group at the cost of RMB1.00 (equivalent to US$0.15). On December 27, 2017, Xinda Beijing Investment was renamed as Xinda CI (Beijing) Enterprise Management Co., Ltd. ("Xinda CI (Beijing)").

In 2016, as a result of group restructuring, Heilongjiang Investment and Meiyuan Tennis Club were dissolved.
 
On August 29, 2016, Xinda Holding US, a subsidiary of Xinda Holding (HK), was dissolved in New York.

Harbin Xinda Plastics New Materials Co., Ltd. ("Xinda Plastics New Materials") ceased business in the third quarter of 2016.

 
 
4

 

On September 5, 2016, Sichuan Xinda set up Chongqing Wanshengxiang Macromolecule Materials Co., Ltd. ("Chongqing Wanshengxiang") in order to engage in import and export business in the free-trade zone in Chongqing and to expand our business in Southwest China.

On February 16, 2017, the Board has received a preliminary nonbinding proposal letter from the Chairman and Chief Executive Officer, Mr. Jie Han ("Mr. Han"), XD Engineering Plastics Company Limited ("XD Engineering"), a company incorporated in the British Virgin Islands and wholly owned by Mr. Han, and MSPEA Modified Plastics Holding Limited, an affiliate of Morgan Stanley Private Equity Asia III, Inc. (collectively, the "Buyer Consortium"), to acquire all of the outstanding shares of common stock of the Company not already beneficially owned by the Buyer Consortium in a "going-private" transaction (the "Transaction") for US$5.21 per share of common stock in cash. The proposal letter states that the Buyer Consortium expects that the Board will appoint a special committee of independent directors to consider the proposal and make a recommendation to the Board. The proposal letter also states that the Buyer Consortium will not move forward with the proposed Transaction unless it is approved by such a special committee, and the proposed Transaction will be subject to a nonwaivable condition requiring approval by majority shareholder vote of shareholders other than the Buyer Consortium members. The Buyer Consortium currently beneficially owns approximately 74% of the issued and outstanding shares of common stock of the Company on a fully diluted and as-converted basis. The Board has established a special committee (the "Special Committee") of disinterested directors to consider the proposal The Special Committee is composed of the following independent directors of the Company: Mr. Lawrence W. Leighton (Mr. Lawrence W. Leighton resigned on May 15, 2017), Mr. Feng Li, and Mr. Linyuan Zha, with Mr. Li serving as chairperson of the Special Committee. The Special Committee will be responsible for evaluating, negotiating and recommending to the Board any proposals involving a strategic transaction by the Company with one or more third parties. The Special Committee intends to retain advisors, including an independent financial advisor, to assist in the evaluation of the proposal and any additional proposals that may be made by the Buyer Consortium. 

In June 2017, HLJ Xinda Group set up Xinda (Hong Kong) Macromolecule Material Ltd. (HK Macromolecule) and Xinda Deluxe Faith Ltd. (Xinda Faith) in order to expand the international business in Hong Kong.

In December 2017, HLJ  Xinda Group set up (i) Heilongjiang Xinda Enterprise Group Shanghai New Materials Sales Co., Ltd. ("Shanghai Sales");  (ii) Heilongjiang Xinda Enterprise Group (Shanghai) New Materials Research and Development Co., Ltd. ("Shanghai New Materials R&D");  (iii) Heilongjiang Xinda Enterprise Group (Daqing) New Materials Industry and Trade Co., Ltd. ("Daqing New Materials); and (iv) Sichuan Xinda Composite Materials Co., Ltd. ("Sichuan Composite Materials"), in order to promote sales,  engage in & research & development in new materials such as biological composite materials, ships, airplanes, high-speed rail, 3D printing materials, biodegradable plastics, and medical devices.
 

 
5

Corporate Structure

 
The corporate structure of the Company as of December 31, 2017 was as follows:
 

 

 
 
 
 
 
 
6

 
Our Industry

According to a research report prepared exclusively for the Company and issued by Frost & Sullivan in 2017, China is estimated to have consumed approximately 22.7 million Metric Tons ("MT") of modified plastic products in 2017, representing an increase of 9.7% compared to 2016. With China being the world's leading manufacturing center and with rising domestic individual consumption, we believe that demand for modified plastics from China will continue to increase in the foreseeable future. As shown in Figure 1, the market demand for modified plastics will reach 30.7 million MT in 2021, representing compound annual growth rates ("CAGR") of 7.8% and 7.5% by sales volume and revenues from 2017 to 2021. Currently, demand for our products is primarily driven by the Chinese automotive industry. In order for plastics to be used in automobile parts and components, they must satisfy specific physical criteria in terms of mechanical functionality, stability under light and heat, durability, flame resistance, and environmental friendliness. Modified plastics are usually found in interior materials, door panels, dashboards, mud flaps, chassis, bumpers, oil tanks, gas valves, grilles, unit heater shells, air conditioner shells, heat dissipating grids, wheel covers, and other components.


Figure 1: Analysis of Chinese Modified Plastics Market: Sales Volume and Revenue, China 2011-2021E





 
 
7


 
According to Frost & Sullivan's report, stimulated by the development of China's automotive industry, the Chinese automotive modified plastics market  experienced significant expansion from 2011 to 2016, with a CAGR of 16.2% in sales volume and 16.0% in sales revenue during this period. Due to the drop of crude oil price since the latter half of 2014, market price of modified plastics has experienced an obvious decrease, which undulates sales revenue of the market in 2015. However the overall revenue of Chinese modified plastics has kept stable increase as the fast growing sales volume in different downstream application fields. The production capacity is expected to reach 8.2 million MT in 2021, with a growth of 58.4% from 5.2 million MT in 2016. As illustrated in Figure 2, the Chinese automotive modified plastics market is expected to maintain the decent increase, with CAGR of 12.2% in both sales volume and sales revenue from 2017 to 2021, respectively. In terms of different manufacturer types, domestic manufacturers expanded their production more rapidly than non-local manufacturers, which accounted for 75.1% of the total production capacity in 2016 and is expected to take up to 80.1% by the end of 2021. We believe that the demand for automotive modified plastic in China will grow continuously due to the fast growing Chinese automotive market, the increasing use per unit of plastic content in automobiles and favorable government incentives and regulations. Moreover, domestic producers will likely gain larger market share from imports as they are able to manufacture products with comparable quality at highly competitive prices and close proximity to their customers. We believe that the following are the key drivers for the automotive modified plastic industry in China.

Figure 2: Analysis of Chinese Automotive Modified Plastics Market: Sales Volume and Revenue (China), 2011-2021E
Source: Frost & Sullivan


According to the statistics by the China Association of Automobile Manufacturers ("CAAM") in 2016 production volume of automobiles in China rose from 18,418.9 thousand units in 2011 to 28,118.8 thousand units in 2016 . The growth of Chinese automotive industry is expected to slightly slow down after several years' rapid growth, with a relatively high CAGR of 8.4% from 2017 to 2021. China has exceeded the United States to become the world's largest auto market as measured by the number of automobiles sold. We believe the growth momentum in China's auto sales will remain strong over the next four years. The automotive industry in China is still in its infancy with passenger car ownership of 135 vehicles per 1,000 inhabitants in 2016, which is significantly below Europe's average of 515 and United States' average of 785 according to National Bureau of Statistics, US Department of Energy, Eurosta, Frost & Sullivan.

The obvious gap of automotive ownership per 1,000 people among China, United States and Europe indicates that the Chinese automotive industry still has huge development potential.

The gap is expected to be further narrowed with China's vehicle per 1,000 people growing to 189 in 2021.


Figure 3: Overview of Chinese Macro Economy:

Vehicle Per 1000 People Comparison (Units per 1,000 people), 2011-2021E

Source: National Bureau of Statistics, US Department of Energy, Eurosta, Frost and Sullivan


8



According to the National Bureau of Statistics, the total number of Chinese automobile parts has experienced a rapid growth because of the economic development and the incentive policies issued by the government. The number kept a booming trend and increased from 93,500.0 thousand units in 2011 to 185,590.0 thousand units in 2016, and is forecasted to hit a record of
268,385.8 thousand units by 2021, with a CAGR of 6.7% from 2017 to 2021.
 
 

Figure 4: Overview of Chinese Macro Economy: Growth of Automotive Parts(China), 2011-2021E



Source: National Bureau of Statistics, Frost and Sullivan
 
 
 
9


 
•Rising personal income in China is one of the key drivers for the rapid growth of the Chinese automobile industry. As shown in Figure 5, China has achieved strong economic growth with nominal GDP increasing from approximately RMB 36,073.8 in 2011 to RMB 53,974.8 in 2016 . And it is expected that China will maintain a steady economic growth during the period from 2017 to 2021. Per Capita Consumption Expenditure of Urban Household in China also shows a decent increase of 49% from 2011 to 2016, and is forecasted to reach RMB 78,647.20 by the end of 2021. Moreover, cars have become more affordable in China as local or joint venture automobile manufacturers continuously expand their production to achieve economies of scale to lower production cost and source cheaper auto parts locally. Growing income and decreasing vehicle prices will continue to make car ownership more affordable for China's rising middle class.
 
Figure 5: Overview of Chinese Macro Economy and Chinese Auto Market: Growth of Nominal GDP and Per Capita Consumption Expenditure of Urban Household (China), 2011-2021E


Source:  National Bureau of Statistics, International Monetary Fund, and Frost & Sullivan
 
 
10


 
Benefit and Increasing Use of Plastics in Automobiles

(1) Cost Reduction: The primary demand driver for modified automotive plastics arises out of the cost-reduction characteristics evidenced by the plastics material inclusion in the automobile manufacturing process. Modified plastics can deliver the same performance as metallic materials at approximately a tenth of the cost. In addition, modified plastics can substitute some kinds of more expensive engineering plastics. This benefit of modified plastics will become more significant with the increasing competition in automobile manufacturing industry to improve efficiency and reduce costs.

(2) Vehicle Emissions Reduction: Plastic components impact fuel efficiency by saving approximately 2.5 liters of fuel per kilograms ("kg") used (equivalent to 6 kg of CO2 emissions) over the lifetime of the vehicle. Automobile manufacturers have been reducing vehicle weights in an attempt to reduce emissions and increase efficiencies. Modified plastics reduce the weight of components by 40% compared with traditional metallic materials.

(3) Performance and Safety Improvement: The development of advanced plastics applications lead to the improvement in performance through reducing the number and weight of the vehicle parts, causing the fuel consumption per vehicle to drop significantly. In addition, the lower net weight of the vehicles improves handling performance and thereby eliminates the likelihood of losing control in case of emergency stops. The involvement of modified plastics in automotive applications results in significant improvement of the safety features of the vehicle parts, like seat belts, air bags, and air bag containers in the recent years.

(4) New Applications:  Plastics reduce the number of the required parts used in automobile manufacturing and introduce new design possibilities. Conventional materials struggle to compete against this open innovation platform associated with the plastics industry. In addition, the performance benefits associated with plastic materials continue to create a competitive advantage for the plastics industry.

(5) Increasing Use of Plastics per Vehicle: Weight of modified plastics per vehicle in China continually increased from 2008 to 2012, and is forecasted to reach 169.8 kg by the end of 2017, with a growth rate of 40.2% as shown in Figure 6. Although the weight of modified plastics per vehicle in China will still be less than that in North America and Europe, the highest growth rate indicates the huge potential for market growth. In 2012, plastic use in China is estimated to be about 128.6 kg per vehicle, whereas models imported from Europe contain on average as much as 219 kg per vehicle. In addition, the Chinese government's goals regarding electric and hybrid vehicles may also push the market further as weight concerns are more important for these vehicles than for traditional passenger cars.

Production volume of electric vehicle (EV) in China grew from 8.6 thousand units in 2011 to 516.6 thousand units in 2016 dramatically, with a CAGR of 126.6% from 2011 to 2016. China was also the largest market of EV in the world in 2016. In the future, backed by capital and incentive policies, EV is still a development focus of auto industry in China.  The production of battery packs for EV increased the demand for automotive modified plastics. Additionally, the level of overall light-weight designs of EV is high. Therefore, the development of EV will be a strong driver of auto modified plastics market in China.
 
11

 

Figure 6: Comparison of Weight of Modified Plastics per Vehicle in China, North America, and Europe, 2008, 2012, 2017E
 
 




 

Source: Frost & Sullivan, American Chemistry Council's Plastics Industry Producers' Statistics Group
 
Increasing Substitution of Imports

Though China's automotive plastic market has been dominated by foreign or joint venture ("JV") companies, Chinese suppliers are continually gaining market share. It is estimated that automotive plastics imported and manufactured by multinational and JV companies accounted for 24.9% of the total China automotive plastic supply in 2016, decreasing from 33.0% in 2011 according to a report by Frost & Sullivan. Compared to foreign competitors including JV companies, local manufacturers can largely benefit from the lower cost and geographical convenience in China and their product sales can be customized with time-efficient after sales services and technical supports. As the local production capacity of both domestic and foreign companies has been expanding, share of imports and multiple national companies is expected to decrease to 19.9% by the end of 2021, while the share of domestic manufacturers is forecast to rise to 80.1% in 2021as they expand at a greater rate than MNC and JV in China.

The financial crisis beginning in 2008 and the European debt crisis beginning in 2011 forced global automakers and suppliers to concentrate on their cost structure and pricing mechanisms. Many automakers accelerated cost reduction initiatives. Moving manufacturing operations to and sourcing raw materials from low cost regions have emerged as key measures to save costs. With its huge consumer market, low labor costs and high-quality manufacturing and logistics infrastructure, China is a location favored by global auto and component makers who source parts and components not only for their local operations in China but also for their global operations. As a result, we believe that China's local plastic suppliers will benefit from such global outsourcing trends and increasingly become a good substitute for expensive imported plastic products. JV manufacturers based in China in automotive plastics sector have been slow to invest and expand in China.
  
Favorable National Government Policies

In the past decade, the Chinese government has adopted a number of policies and initiatives intended to encourage the development of the Chinese modified plastics industry and stimulate the growth of the Chinese automobile industry. 
 
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Since 2000, modified plastics, including engineering plastics, have been categorized as a prioritized industrialization area by a series of government guidelines or development plans. Some of these policies include: 
 
 The 13th Five Year Plan for Development of Strategic Emerging Industries in China launched in 2016 included favorable policies toward advanced technologies in developing new aviation and space materials, encouraging the application of biodegradable plastics and the development of high-performance plastics used for additive manufacturing , as well as encouraging the development of new material industries

 The "Made in China 2025" initiative launched on May 8, 2015 by State Council, encouraged development of new materials, energy-saving and new energy vehicles, power equipment, aerospace and aeronautical equipment, marine engineering and high-tech ships, modern railway equipment and agricultural machinery.

 The "Development Plan of Additive Manufacturing (2015-2016)" initiative promulgated by the National Development and Reform Commission, Ministry of Industry and Information Technology and Ministry of Finance of People's Republic of China on February 28, 2015, advocated domestic production of several types of plastics with high heat resistance and high strength for additive manufacturing industry .

● It was stated in the "Outline of China's Twelfth Five-year Plan (2011)" that new functional materials, advanced structural materials, common base materials, fiber of high performance and its compounded material are key development directions of new material industry.

 It was stated in the "Catalogue for Guidance on Adjustment of Industrial Structure (2011)" promulgated by the National Development and Reform Commission on March 27, 2011, that the country is currently promoting (i) the development of production equipment of polycarbonate by the use of non-phosgene method, with annual output of 60000t/year and above, (ii) the production of engineering plastic including liquid crystalline polymer (LCP) and development and application of bleeding modification and alloying; (iii) the development and production of water – absorbed resin, conductible resin and biodegradable polymers; (iv) the development and production of new polyamide including nylon 11, nylon 1414 and nylon 46, nylon with long carbon chain and heat resistant nylon.

 It was stated in the "Guidance on Key Areas of Industrialization of High Technology with Current Priority in Development (2011)" jointly promulgated by the National Development and Reform Commission, the Ministry of Science and Technology, the Ministry of Commerce and the State Intellectual Property Office on June 23, 2011 that modified technologies applied to general plastics, including new engineering plastics and plastic alloy, new special engineering plastics, fire resistant modified plastics, and modified technology of general plastics, are currently prioritized areas to develop and industrialize in China's macromolecule materials sector.

It was stated in the "Investment Guide for Industrial Transforming and Upgrading" (2011) promulgated by  Ministry of  Industry and Information Technology of ghd People's Republic of China  promoted  the modification of waste plastics via the comprehensive utilization of related technologies and suggested the future trend of the application of new materials in the industrial area, including biodegradable plastics, engineering plastics, etc.

 A series of modified plastics technologies have been listed in the "National Support for Key High-tech Fields" as stated in the Circular on the Issuance of the Administrative Measure for the Recognition of High-tech Enterprise jointly promulgated by the Ministry of Science and Technology, Ministry of Finance, the State Administration of Taxation in April 2008. These technologies include special engineering plastics, macromolecular compound or new synthetic modified, etc.

 Determining the detailed standards for average fuel consumption for passenger car manufacturers: 1) In 2015 average fuel consumption for passenger car reach 0.069L per kilometer; 2) In 2020 average fuel consumption for passenger car reach 0.05L per kilometer. It will accelerate the automobile weight reduction progress.
 
 
13


In addition, with the Chinese government strongly encouraging the production of more fuel-efficient and environmentally friendly vehicles, as one means to help resolve the nation's worsening air pollution problem, especially in big cities, opportunities abound for suppliers of plastics materials and auto components.

We believe that the above government measures and programs will continue to accelerate the demand for automotive modified plastics in China.
 
Tightening Trend and Local Government Policies

Despite the favorable national government policies as set forth above, in the past couple of years, the Chinese government has implemented certain measures to control the pace of economic growth and discontinued certain stimulus measures implemented to deal with the recent global financial crisis, including incentives for consumers to purchase automobiles.

Since 2011, in order to resolve the extreme traffic congestion, Beijing government has been implementing a vehicle purchase quota policy, which limits the maximum vehicles sold in Beijing per month to 20,000. Other cities which have begun to show signs of traffic congestion have also begun to implement similar measures to control traffic congestion, including the limited automobile licenses policy implemented in Shanghai and Tianjin and the imposition of congestion charges in Shenzhen.  The termination of nation-wide preferential policies can negatively affect consumer demand for new vehicles, and local restrictive measures over automobile purchases in major cities may result in the reduction in the sale of vehicles nationwide.
 
 
14

Our Products

Modified plastic is processed by adding chemical agents and other additives to basic plastic resins to generate or improve certain physical and/or chemical characteristics of plastic, such as heat resistance, hardness, tensile strength, wear resistance, and flame retardance. Based on the type of materials, our products include twelve categories: Modified Polypropylene (PP), Modified Acrylonitrile Butadiene Styrene (ABS), Modified Polyamide 66 (PA66), Modified Polyamide 6 (PA6), Modified Polyoxymethylenes (POM), Modified Polyphenylene Oxide (PPO), Plastic Alloy, Modified Polyphenylene Sulfide (PPS), Modified Polyimide (PI), Modified Polylactic acid (PLA), Poly Ether Ether Ketone (PEEK), and Polyethylene (PE).

Our products are organized into twelve product groups, based on their physical characteristics, as set forth below:

 
Product Group
 
Number of Products Certified
 
 
Characteristics
Automotive or Other Application
Modified Polyamide 66 (PA66)
 
 
50
 
Abrasive resistance, self-lubrication, high strength, high temperature resistance, and flame resistance
Roof handles, door knobs, transmission connection plates, fan shrouds, glovebox assembles, engine hoods, stents baffle blocks, trajectory, fasteners, etc.
 
 
 
 
 
 
 
 Modified Polyamide 6 (PA6)
 
 
40
 
High temperature resistance, weather resistance, high strength
Inner door knobs, door knobs, hand shanks, transmission connection plates, visor bases, etc.
 
 
 
 
 
 
 
 Plastic Alloy
 
 
163
 
High impact resistance, high temperature resistance, flame resistance, platable
Instrument panels, instrument frames, shields, automotive center stacks, speaker covers, grids, fog light shells, battery bases, seat armrests, luggage holders, etc.
 
 
 
 
 
 
 
Modified Polypropylene (PP)
 
 
165
 
Non-toxic, odorless, low density, insulated, and low moisture uptake
Instrument panels, inner panels, columns, bumpers, air conditioner shells, door knobs, mudguards, etc.
 
 
 
 
 
 
 
Modified Acrylonitrile butadiene styrene (ABS)
 
 
23
 
High rigidity, low density, rigidity toughness balance, slow burn, and corrosion resistance
Heat dissipating grids, steering wheel shells, cup holders, seal banks, instrument panels, inner door knobs, wheel covers, etc.
 
 
 
 
 
 
 
Polyoxymethylenes (POM)
 
 
1
 
High strength, low moisture uptake, size stability, high glass, high temperature resistance, fatigue resistance
Heater fans, signal lamps switches, gas reseior covers, door knobs, hand shanks, fuel pumps, dynamic valves, accelerator pedals, rampetior elements, etc.
 
 
 
 
 
 
 
Polyphenylene Oxide (PPO)
 
 
1
 
High rigidity, flame retardant, abrasive resistance, pollution resistance, high temperature resistance
Battery plants, lamp holder insulation parts, anti freezer grids, booms, instrument panels, window frames, tool cabinet covers, handwheel boxes, heater holders, heater baffles, cooling system connections, pump strainer nets, ammeler frameworks, rearview, etc.
 
 
 
 
 
 
 
Modified Polyphenylene Sulfide (PPS)
 
 
1
 
High temperature resistance, corrosion resistance, radiation resistance, flame resistance, size stability
Air bleed control valves, pneumatic signal conditioners, sparks plug wire insulation covers, tachometer sensor covers, electrical pumps, fuel pump impellers and covers, air cylinder covers, water pump impellers, etc.
 
 
 
 
 
 
 
Modified Polylactic Acid (PLA)
 
 
-
 
Reproducible, good biological compatibility and totally degraded
Glove box handle, seat cover, rearview mirror shell, etc.
 
 
 
 
 
 
 
Modified Polyimide (PI)
 
 
-
 
Flame resistance, high strength, high temperature resistance, corrosion resistance
Compressor blade, piston ring, sealing washer, bushing, gear, brake block, etc.
 
 
 
 
 
 
 
PEEK*
 
 
N/A
 
Excellent mechanical and chemical resistance and temperature tolerance
Used in communications and transport electronics and electrical appliances, machinery, medical and analytical equipment
 
 
 
 
 
 
 
 Polyethylene
 
 
-
 
 Resistance to shock, low temperature resistance, excellent electrical insulation, corosion resistance
 Agricultural film, screw cap, water pipe, gear, food packa
             
Total
 
 
444
 
 
 

*PEEK is primarily used in applications that are unrelated to automotive applications, which does not require certifications and is in the product development stage.
 
15


 
Raw Materials

The principal raw materials used for the production of our modified plastic products are plastic resins such as polypropylene, ABS and nylon. Polypropylene is a chemical compound manufactured from petroleum.  ABS is a common thermoplastic used to make light, rigid, molded products such as automotive body parts and wheel covers.  Nylon is a thermoplastic silky material. Approximately 67.0% of our total raw materials purchased by volume are sourced from overseas petrochemical enterprises and 33.0% from domestic petrochemical enterprises during the year ended December 31, 2017.

The Company has one-year renewable contracts with its major suppliers, which are distributors of petrochemical enterprises. Because the raw materials used in our products are primarily petroleum products, the rise or fall in oil prices directly affects the cost of the raw materials. We attempt to mitigate the increase or decrease in our raw materials prices by appropriately raising or lowering the price for our products to pass the cost or savings to our customers as part of our pricing policy.

Because raw materials constitute a substantial part of the cost of our products, we seek to reduce costs by dealing with major suppliers. During the year ended December 31, 2017, the Company purchased approximately 54.3% of the Company's raw materials from five major suppliers. By dealing in large quantities with these major suppliers, we obtain reduced prices for raw materials, therefore reducing the cost of our products. If we were unable to purchase from these suppliers, we believe we would still have adequate sources of raw materials from other petrochemical distributors without material impact on the cost of our products.  
  
Research and Development

HLJ Xinda Group and Sichuan Xinda were organized to provide us with ongoing additions to our technology through advanced development methods, which represent the key to our competitive strength and success. Our goal is to utilize our state-of-the-art methods, equipment and our technical expertise to produce plastics of the highest quality that are cost-efficient for our customers. Toward this end, we have staffed HLJ Xinda Group Sichuan Xinda and AL Composites with 109 employees who have Ph.D. and/or Master's degrees, 392 employees who have Bachelor's degrees, and 21 employees with Associate Bachelor's degrees.  In addition, we have 11 consultants, including one consultant who is an academician of the Chinese Academy of Engineering. On average, our employees have been working in our industry for more than three years, and our key R&D employees have on average more than 10 years of experience in our industry.

To supplement the efforts of our HLJ Xinda Group and Sichuan Xinda, we have cooperated with a number of the leading technology institutions in China. Besides providing specialized research and development skills, these relationships help us formulate cutting-edge research programs aimed at developing new technologies and applications in plastics engineering.

In addition, Dubai Xinda focuses on more advanced research and development in high-end applications relative to our research and development efforts in China.
 
 
16


 
All our significant research and development activities are overseen by the members of our Scientific Advisory Board, which we have assembled from the leaders in China's chemical engineering industry.  Currently, the members of the Scientific Advisory Board are:

Xigao Jian: Member of Chinese Academy of Engineering, Professor of  Dalian University of Technology
Chao Bi: Associate Professor of School of Mechanical and Electrical Engineering of Beijing University of Chemical Technology
Jian Yu: Professor of Institute of Polymer Science, Tsinghua University
Huiliang Zhang: Researcher of Researcher of Changchun Institute of Applied Chemistry of the Chinese Academy of Sciences
Yanbin Chi: Professor of Xi'an University of Architecture and Technology
Bin Zhao: General Manager of Ningbo ZHongniyiEnergy Saving Technology Co., Ltd.
Yan Jin: Professor of Beijing Research Institute of Chemical Engineering, China Petroleum Chemical Corporation
Meiying Han: Vice General Manager of Yantai Dongyi Plastics Co., Ltd.
Yongquan Li: Researcher of China Petroleum & Chemical Corporation Beijing Chemical Industry Research Institute
Shuxi Chang: Engineer in Field of Nanjing Branch of Valeo Automotive Air Conditioning Co., Ltd.(Hu Bei )
Yanwen Du: General Manager of Key Point Inc., General Motors

We host our annual seminar on the Development of the Macromolecule Materials Industry since 2008, during which we bring prominent industry-leading consultants to meet with our R&D staff. The annual seminar gives industry experts an opportunity to review and evaluate the Company's R&D initiatives in terms of technology advancement on the backdrop of government policies which support development of the modified plastics industry. During the seminar, industry experts assess the progress of the Company's R&D projects for the current year, and then evaluate the Company's R&D projects for the next year. Projects are reviewed in terms of overall strategy, alignment with government policies, market opportunities, efficient utilization of R&D and technical feasibility. 

We have been certified as a National Level Enterprise Technology Center, the only institution certified as such in the modified plastics industry in Heilongjiang. This certification makes us eligible for participation of issuing modified plastics industry standards, certain tax and tariff relief for scientific research and development, certain funding designated for National Enterprise Technology Center and municipal subsidies and Postdoctoral and Academy Member Workstation in Heilongjiang Province.

Our research and development expenses were US$36,838,261, US$47,989,665 and US$21,061,345 during the years ended December 31, 2017, 2016, and  2015, respectively.   
 
 
17


 
Intellectual Property

Patents

As a result of our collection of academic and technological expertise, we have 31 approved patents and 411 pending patent applications in China, as set forth in the following table:
No
Patent Name
Application No
Date
Status
1
A preparation method of polylactic acid used in auto dashboard
201110035716.10
February 11, 2011
Authorized
         
2
A high impact and high heat-resistant flame retardant ABS composite material reinforce by glass fiber and its preparation process
201110268625.20
September 13, 2011
Authorized
 
 
 
 
 
3
Supercritical fluid rapid diffusion synthesis of nano calcium carbonate enhanced  microcrystalline polypropylene composites
200910073402.30
December 11, 2009
Authorized
 
 
 
 
 
4
A rapid detection method of the tensile propertie of modified PP used in auto specially by non-standard situation
201110094454.60
April 15, 2015
Authorized
 
 
 
 
 
5
A high toughness,low warpage and high-mobility PET/PBT/PC alloy renforced by glass fiber and its preparation method
201110235189.90
August 17,2011
Authorized
 
 
 
 
 
6
A preparation method of polypropylene resin foam particles with supercritical CO2 act
201110230302.40
August 12,2011
Authorized
 
 
 
 
 
7
A high-powered aircraft tail composite material and its preparation process
201110196209.60
July 13, 2011
Authorized
 
 
 
 
 
8
A method for automotive interior low odor, low VOC, high performance polypropylene composites
201010258937.00
August 20, 2010
Authorized
 
 
 
 
 
9
A high-strength carbon fiber reinforced polyetheretherketone composite material and its preparation method
201210114931.50
April 20, 2012
Authorized
 
 
 
 
 
10
High performance halogen-free flame-retardant PC / ABS composite material and its preparation method
201210201826.50
June 19, 2012
Authorized
 
 
 
 
 
11
Graphene / polymer conductive composites
201210411231.20
October 25, 2012
Authorized
 
 
 
 
 
12
A high temperature conductive PPO/PA6 alloy material and its preparation method
201210241856.90
July 13, 2012
Authorized
 
 
 
 
 
13
High-performance, green flame retardant reinforced PA66 composites technology
201210260160.00
July 26, 2012
Authorized
 
 
 
 
 
14
An antistatic LSOH flame retardant PC / ABS alloy material and its preparation method
201210296750.90
August 20, 2012
Authorized
 
 
 
 
 
15
A free primer and  sprayed directly on the bumper composites
201210306240.50
August 27, 2012
Authorized
 
 
 
 
 
16
A long glass fiber reinforced polypropylene material and its preparation method
201210362626.80
September 26, 2012
Authorized
 
 
 
18

 
 
 
 
 
 
17
A modified Kevlar fiber reinforced PA66 material and its preparation method
201210369747.50
September 29, 2012
Authorized
 
 
 
 
 
18
A high toughness wear-resistant fiberglass /PA6 composites for rail transit fasteners
201210396122.80
October 18, 2012
Authorized
 
 
 
 
 
19
A glass fiber reinforced poly (ethylene terephthalate) / polycarbonate alloy
201210403197.40
October 22, 2012
Authorized
 
 
 
 
 
20
A production method of antimicrobial, hydrophilic polypropylene particle
201210411680.70
October 25, 2012
Authorized
 
 
 
 
 
21
A glass fiber, SiO2 enhanced toughening polyphenylene sulfide material and its preparation method
201210439116.60
November 7, 2012
Authorized
 
 
 
 
 
22
A high mobility of polyvinyl alcohol / lignin WPC
201310203047.30
May 28, 2013
Authorized
 
 
 
 
 
23
A applied to electrostatic spraying PPO/PA6 alloy material and its preparation method
201310367459.00
August 22, 2013
Authorized
 
 
 
 
 
24
Preparation method of impact-resistant strain of modified polylactic acid material
201310468059.90
October 10, 2013
Authorized
 
 
 
 
 
25
A free spray paint bumper with modified material and preparation method
201310468057.X
October 10, 2013
Authorized
 
 
 
 
 
26
A stereoscopic word based on 3D printing
201520229477.70
April 16, 2015
Authorized
 
 
 
 
 
27
A medical chest straps based on 3D printing technology and its preparation method
201510290769.60
June 1, 2015
Authorized
 
 
 
 
 
28
A 3D printing withABS composite material and its preparation method
201610073934.70
February 3, 2016
Authorized
 
 
 
 
 
29
A kind of starch based biodegradable plastics and its preparation method
201610078670.40
February 5, 2016
Authorized
 
 
 
 
 
30
A high heat-resistant PC / ASA alloy material and its preparation method
201010508149.20
October 15, 2010
Authorized
 
 
 
 
 
31
An extrusion grade sisal fiber reinforced polypropylene composite material and its preparation process
201210357867.30
September 25, 2012
Authorized
 
 
 
 
 
32
A preparation method of the thermoplastic elastomers PP with high mobility and high resistance of deformation
201110035725.00
February 11, 2011
Pending
 
 
 
 
 
33
A special material of cooling grille with high heat resistance and high weather resistance
201110094466.90
April 15, 2011
Pending
 
 
 
 
 
34
A preparation method of easily dispersed and easily processimg polyprolene composite material
201110158511.20
June 14, 2011
Pending
 
 
 
19

 
 
 
 
 
 
35
A preparation method of high heat-resistant and high rigid PLA composite material reinforced by fully biodegrdable natural fiber
201110158512.70
June 14, 2011
Pending
 
 
 
 
 
36
A preparation method of polylactic acid used composite material modified by hydroxyapatite with supercritical water act
201110268687.30
September 13, 2011
Pending
 
 
 
 
 
37
Apreparation process of ABS alloy with high impact performance and high heat resistance
201110122586.50
May 12, 2011
Pending
 
 
 
 
 
38
A preperation process of high weathering  colour ASA resin
201110347336.10
February 11, 2011
Pending
 
 
 
 
 
39
A high impact PA6 composite material with core-shell toughening and its preparation method
201110196226.X
July 13, 2011
Pending
 
 
 
 
 
40
A preparation method of polymer composites with high toughness
201110035736.90
February 11, 2011
Pending
 
 
 
 
 
41
A polypropylene composite material used in battery tank of new source of energy automobile and its preperation  method
201110347320.00
November 7, 2011
Pending
 
 
 
 
 
42
A high toughness of polycarbonate blends material and its preparation method
201110319832.60
December 20, 2011
Pending
 
 
 
 
 
43
A preparation method of glass fiber reinforced polyether ether ketone with high strength and high heat resestance
201110399890.40
December 5, 2011
Pending
 
 
 
 
 
44
A preparation process of the premixed screening system
201110158488.70
June 14, 2011
Pending
 
 
 
 
 
45
A molding method suitable PEEK
201010173663.50
May 17, 2010
Pending
 
 
 
 
 
46
An anti-aging, anti-yellowing, low odor polypropylene composite material and its preparation method
201010508177.40
October 15, 2010
Pending
 
 
 
 
 
47
A preparation process of centralized control method used in plastic production line
201110122566.80
May 12, 2011
Pending
 
 
 
 
 
48
A preparation methed of the plastic production line with high performance and high honogeneity
201110233488.90
August 16, 2011
Pending
 
 
 
 
 
49
A rapid detection method of the impact propertie of midfide plastics used in automobile specially
201110158528.80
June 14, 2011
Pending
 
 
 
 
 
50
A alloy material of high-impact, high-brightness ASA
201010543439.00
November 15, 2010
Pending
 
 
 
 
 
51
A high notched impact PA / ASA alloy material and its preparation method
201010230061.90
July 19, 2010
Pending
 
 
 
 
 
52
A preparation method of SiO2/CaCO3 nano-composite particles modified polypropylene
201010282042.00
September 15, 2010
Pending
 
 
 
 
 
53
Nano-ZnO filled with modified PEEK film and its preparation method
201010258955.90
August 20, 2010
Pending
 
 
 
 
 
54
A method for automotive interior matte, anti-scratch modified polypropylene composites
201010230064.20
July 19, 2010
Pending
 
 
 
20

 
 
 
 
 
 
55
A microporous zeolite materials modified PEEK and its preparation method
201010282022.30
September 15,2010
Pending
 
 
 
 
 
56
A lower mold shrinkage ratio method of calcium carbonate / polypropylene nanocomposites
201010230088.80
July 19, 2010
Pending
 
 
 
 
 
57
A high toughnees,low warpage and low mold temperature PET/PA6 alloy reinfoced by glass fiber and preperation method
201110347339.50
Nobember 7, 2011
Pending
 
 
 
 
 
58
A high impact and high flow PC / ASA alloy material and its preparation method
201010258950.60
August 20, 2010
Pending
 
 
 
 
 
59
A high heat-resistant and high wear-resistant PEEX composite material and its preperation  process
201110347338.00
Janauary 10, 2011
Pending
 
 
 
 
 
60
A preparation method for heat-resistant and easy processing of natural fiber reinforced polylactic acid composites
201210147444.90
May 14, 2012
Pending
 
 
 
 
 
61
A preparation method of high encapsulation efficiency and stable release polylactic lysozyme drug microsphere
201210295154.90
August 20, 2012
Pending
 
 
 
 
 
62
A preparation methods of ultra-hydrophobic microporous polymer film
201210358122.90
September 25, 2012
Pending
 
 
 
 
 
63
A mechanical strength polypropylene power lithium battery separator and its preparation method
201210472283.00
November 21, 2012
Pending
 
 
 
 
 
64
A multilayer hot pressing method for preparating hydroxyapatite / polylactide composite
201210474211.X
November 21, 2012
Pending
 
 
 
 
 
65
A high-impact, green flame retardant PC / ABS alloy material and its preparation process
201210122281.90
April 25, 2012
Pending
 
 
 
 
 
66
A Supercritical carbon dioxide reactor pressure method for preparating polypropylene foamed material
201210298694.20
August 22, 2012
Pending
 
 
 
 
 
67
An antimicrobial, dust suppression, halogen-free flame retardant ABS and its preparation process
201210305824.00
August 27, 2012
Pending
 
 
 
 
 
68
A flame-retardant glass fiber reinforced PA66 and its preparation method
201210370558.X
September 29, 2012
Pending
 
 
 
 
 
69
The chest protected belts
201220526299.00
October 15, 2012
Pending
 
 
 
 
 
70
A non-asbestos and non-metal materials brake pads composite material and its preparation method
201210395921.30
October 18, 2012
Pending
 
 
 
 
 
71
A wear-resistant, anti-static, flame retardant ultra-high molecular weight polyethylene composite material
201210402814.90
October 22, 2012
Pending
 
 
 
21

 
 
 
 
 
 
72
A high impact, high heat-resistant PC / PBT alloy material and its preparation process
201210403095.20
October 22, 2012
Pending
 
 
 
 
 
73
A continuous aramid fiber reinforced POM materials and preparation methods
201210411967.X
October 25, 2012
Pending
 
 
 
 
 
74
An alcohol solution PA66 material special for intake manifold and its preparation method
201210442251.60
November 8, 2011
Pending
 
 
 
 
 
75
An environmentally friendly self- aromatic polypropylene material and its preparation process
201210457403.X
November 15, 2012
Pending
 
 
 
 
 
76
Preparation of a glass fiber reinforced nylon 66 / nylon 6 Composites
201310185041.80
May 20, 2013
Pending
 
 
 
 
 
77
An environmentally friendly foam polypropylene material and preparation method
201310185228.80
May 20, 2013
Pending
 
 
 
 
 
78
An ramie fiber reinforced polypropylene composite material and its preparation process
201310185514.40
May 20, 2013
Pending
 
 
 
 
 
79
One kind of resistance to warpage reinforced polyamide 6 material and preparation method
201310250426.80
June 24, 2013
Pending
 
 
 
 
 
80
Preparing a polyamide material reinforced with continuous glass fibers
201310250967.00
June 24, 2013
Pending
 
 
 
 
 
81
A low-cost method for preparing hydrophobic material of polypropylene
201310250185.70
June 24, 2013
Pending
 
 
 
 
 
82
A polypropylene self-luminous material and preparation method
201310250047.90
June 24, 2013
Pending
 
 
 
 
 
83
A preparation method of  reinforced, flame-retardant ABS material
201310367420.90
August 22, 2013
Pending
 
 
 
 
 
84
One kind of aramid pulp-reinforced PA66 composite material and preparation method
201310367404.X
August 22, 2013
Pending
 
 
 
 
 
85
Preparation of a high-performance fiber-reinforced polyphenylene sulfide composites
201310372289.50
August 24, 2013
Pending
 
 
 
 
 
86
One kind of anti-alcohol solution, low warpage reinforced nylon66 composite material and preparation method
201310372282.30
August 24, 2013
Pending
 
 
 
 
 
87
A high-gloss, free paint, scratch-resistant alloy material and preparation method
201310372789.90
August 26, 2013
Pending
 
 
 
 
 
88
A preparation process of heat-stable flame retardant reinforced nylon composite material
201310413691.30
September 12, 2013
Pending
 
 
 
 
 
89
An anti-oxidation, high flow, flame retardant ABS and preparation process
201310413270.00
September 12, 2013
Pending
 
 
 
 
 
90
An antistatic, low smoke, flame retardant PC / ABS alloy materials and  preparing process
201310414847.X
September 13, 2013
Pending
 
 
 
22

 
 
 
 
 
 
91
An flax noil fiber reinforced polypropylene composite material and its preparation process
201310413287.60
September 12, 2013
Pending
 
 
 
 
 
92
A Preparation of appling to charging pile casing PC / ABS alloy compound
201310414007.30
September 12, 2013
Pending
 
 
 
 
 
93
A no-spray, high durability, scratch-resistant, flame retardant ABS Preparation and Process
201310414024.70
September 12, 2013
Pending
 
 
 
 
 
94
A direct line of long glass fiber reinforced thermoplastic composite material and its preparation method
201310471859.60
October 12, 2013
Pending
 
 
 
 
 
95
A method for preparing an enhanced flame retardant rigid polyurethane composites
201310467797.10
October 12, 2013
Pending
 
 
 
 
 
96
A MARINE with wear-resistant ultra high molecular weight polyethylene composites
201310468060.10
October 10, 2013
Pending
 
 
 
 
 
97
A method for preparing low temperature resistance, scratch-resistant zipper jacket compound for cars
201310468076.20
October 10, 2013
Pending
 
 
 
 
 
98
An environmentally friendly fire-retardant, high-performance EVA composite material and preparation method
201310467812.20
October 10, 2013
Pending
 
 
 
 
 
99
A polypropylene foam material and preparation method
201310559024.60
November 13, 2013
Pending
 
 
 
 
 
100
One kind of aramid fiber / polyimide composite material and preparation method
201310559294.70
November 13, 2013
Pending
 
 
 
 
 
101
 An alloy NiMoB modified talc enhanced Bumper material and its preparation method
201310559588.X
November 13, 2013
Pending
 
 
 
 
 
102
Method for preparing porous polymer composite superhydrophobic  films
201310559589.40
November 13, 2013
Pending
 
 
 
 
 
103
A silicone toughening polyphenylene sulfide material and its preparation method
201310560625.90
November 13, 2013
Pending
 
 
 
 
 
104
A toughening wear-resistant alloy material and preparation method
201310556261.70
November 12, 2013
Pending
 
 
 
 
 
105
A high resistance temperature reinforced polyamide 6 material and preparation method
201310556569.10
November 12, 2013
Pending
 
 
 
 
 
106
Preparation of an aircraft engine surrounding high temperature polyimide composites
201310555389.10
November 12, 2013
Pending
 
 
 
 
 
107
Preparation of a high strength of continuous glass fiber reinforced nylon 6 material
201310555451.70
November 12, 2013
Pending
 
 
 
 
 
108
A highly weather-resistant polypropylene self-luminous material and preparation method
201310555483.70
November 12, 2013
Pending
 
 
 
23

 
 
 
 
 
 
109
A high toughness, wear-resistant rail fasteners with glass / nylon 6 Composites
201310646768.10
December 6, 2013
Pending
 
 
 
 
 
110
A high-gloss, avoid spraying PTT / PMMA rearview mirror Compound and its production process
201310652729.20
December 6, 2013
Pending
 
 
 
 
 
111
A keyboard and mouse with anti-bacterial perspiration modified plastics and its preparation method
201310676101.60
December 13, 2013
Pending
 
 
 
 
 
112
A high-strength lightweight hollow glass microspheres toughening PP material and preparation method
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December 25, 2013
Pending
 
 
 
 
 
113
a method for producing a heatproof polyimide composite used for aircraft engine periphery
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April 12, 2014
Pending
 
 
 
 
 
114
a method for producing a heatproof polyimide composite
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May 16, 2014
Pending
 
 
 
 
 
115
An advantage of specially coupling treated carbon fibers reinforced PEEK
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June 13, 2014
Pending
 
 
 
 
 
116
A high dimensional stabilityexcellent abrasion resistance PEEK valve composite
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June 13, 2014
Pending
 
 
 
 
 
117
The preparation method of a high-strength PEEK composites
201410262746.X
June 13, 2014
Pending
 
 
 
 
 
118
A Method for preparing high performance PEEK/long glass fiber composites
201410263606.40
June 16, 2014
Pending
 
 
 
 
 
119
a method for producing a polyimide composite
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July 10,2014
Pending
 
 
 
 
 
120
Preparation of Carbon Fiber Reinforced PI Composite Material
201410326641.60
July 10,2014
Pending
 
 
 
 
 
121
Preparation of  a high tensile strength of PEEK composites
201410326616.80
July 10,2014
Pending
 
 
 
 
 
122
The prepatation of a high-strength ,high-temperature polyimide composites
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August 21, 2014
Pending
 
 
 
 
 
123
A high-heat-resistant,excellent in abrasion resistance sheet composite PEEK valve
201410413379.90
August 21, 2014
Pending
 
 
 
 
 
124
Preparation of  PI composite material by coupling agent treated glass fiber
201410481809.00
September 22, 2014
Pending
 
 
 
 
 
125
A kind of 3D printing poly lactic acid/leather powder composite materials and its preparation method
201410690528.60
November 27, 2014
Pending
 
 
 
 
 
126
A kind of  biodegradable polymer-docetaxel bonding medicine and its preparation method
201410690529.00
November 27, 2014
Pending
 
 
 
24

 
 
 
 
 
 
 
127
A prepatation method of polyimide composite material
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November 27, 2014
Pending
 
 
 
 
 
128
A prepatation method of high toughness biodegradable polylactic acid foam plastics
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Pending
 
 
 
 
 
129
A preparation of  antibacterial polylactic acid fiber
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Pending
 
 
 
 
 
130
A kind of poly lactic acid preparation method of lactide ring-opening polymerization
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November 28, 2014
Pending
 
 
 
 
 
131
A modification of PLA material and its preparation method
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Pending
 
 
 
 
 
132
A method of preparing high strenght PLA composites
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Pending
 
 
 
 
 
133
A kind of  twin screw reactive extrusion method ring opening polymerization preparation of PLA
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Pending
 
 
 
 
 
134
A method of preparing high toughness PLA composites
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Pending
 
 
 
 
 
135
A kind of  organic molecule catalytic method for preparation of poly lactic acid
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November 30, 2014
Pending
 
 
 
 
 
136
A surface treatment of carbon fiber reinforced thermoplastic polyimide composites
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Pending
 
 
 
 
 
137
A carbon fiber-reinforced thermoplastic polyimide composites
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Pending
 
 
 
 
 
138
A prepatation method of high performance PEEK/carbon fiber composite material
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Pending
 
 
 
 
 
139
A prepatation method of PEEK composite material
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Pending
 
 
 
 
 
140
A ternary no return toughening copolymer of polylactic acid composite material and its preparation method
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Pending
 
 
 
 
 
141
Sensor with high-performance fiber-reinforced PPS composites
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Pending
 
 
 
 
 
142
Glass fiber modified wearable Polyimide
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Pending
 
 
 
 
 
143
An advantage of specially prepared by coupling treatment sio2 reinforced PEEK
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December 10, 2014
Pending
 
 
 
 
 
144
A high-mobility PVA/wood flour composite biomass
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Pending
 
 
 
 
25

 
 
 
 
 
 
145
One kind of thermal evaporation method graphene Gec
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Pending
 
 
 
 
 
146
A highly heat-resistant polylactic acid/Wood Flour Composites
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Pending
 
 
 
 
 
147
Preparation of  an enhanced flame retardant polyurethane composites
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158
A process for producing fiber reinforced PA6 dedicated 3D printing materials processing using a special method
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149
A preparation method  of low warpage ABS special 3D printing materials
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Pending
 
 
 
 
 
150
A preparation method  of impact-resistant strain of modified polylactic acid materials
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Pending
 
 
 
 
 
151
A preparation method  of  chemical vapor deposition method graphene films
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Pending
 
 
 
 
 
152
A process for producing acrylic polyurethane high-solids coatings
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Pending
 
 
 
 
 
153
The use of core-shell particles toughening PC and PBT resin
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Pending
 
 
 
 
 
154
A high strength,high modulus of PEEK composite material and preparation method
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Pending
 
 
 
 
 
155
A modified high-performance carbon fiber composite materials
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Pending
 
 
 
 
 
156
A kind of microfluids device prepared by the technology of 3D-printing
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Pending
 
 
 
 
 
157
A high-retardant polyvinyl alcohol/Wood Flour Composites biomass
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December 10, 2014
Pending
 
 
 
 
 
158
A method of processing aids (ACR) improved PVC materials
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Pending
 
 
 
 
 
159
A preparation method  of  polylactic acid film
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Pending
 
 
 
 
 
160
A compressor valve plate with a modified material and the method
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161
An automobile air conditioner drive gear with the modified materials and the method
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Pending
 
 
 
 
 
162
Nanoparticles/CF hybrid reinforced PEEK composite material and its preparation method
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26

 
 
 
 
 
 
163
Method for preparing thermoplastic polyimide composites
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Pending
 
 
 
 
 
164
Boron fiber reinforced polyimide
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165
A method of preparation of carbon fiber prepreg reinforced skis
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Pending
 
 
 
 
 
166
High mobility TLCP/PES/PEEK composite material and its preparation method
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Pending
 
 
 
 
 
167
Method for preparing high toughness of polycarbonate/polylactic acid-bassed alloys
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Pending
 
 
 
 
 
168
An  PEEK/BaSo4 composite material  and its preparation method
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169
Foamed PP and graphite fiber composites preparation methods of enhancement of skis
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170
Method for increasing the compatibility of PPS/PEEK composite materials
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171
A preparation method  of the high toughness,high mobility PLA/PP Alloy
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172
A preparation method  of  the natural fiber/polylactic acidbased composite materials
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Pending
 
 
 
 
 
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A preparation method  of  the high toughness ABS/PLA-based alloys
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A kind of suitable for 3D printing chest straps of polylactic acid materials and its preparation method
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175
A method of preparation of water-soluble PLA support material for 3D printing
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Pending
 
 
 
 
 
176
A kind of  high performance PEEK/chopped carbon fiber composite material and the preparation method
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Pending
 
 
 
 
 
177
The prepatation method of  a high toughness polylactic acid based composite material
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A nylon base composite material for medical strap by 3D printing and the preparation method
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Pending
 
 
 
 
 
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A kind of alloy material for 3D printing
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A preparation method  of 3D printing support material of PVA with amylum filled
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181
A preparation method  of  ASA composite materials for  3D printing
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June 19, 2015
Pending
 
 
27

 
 
 
 
 
 
 
182
A kind of PBT/carbon fiber composite material and its preparation method
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June 20, 2015
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183
A kind of anionic catalytic method for preparation of PLA
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Pending
 
 
 
 
 
184
A kind of suitable for 3D printing flexible material and its preparation method
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A gear assembly line pen container
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A 3D printing PA-12 composite materials and preparation methods
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Pending
 
 
 
 
 
187
A kind Of  PC/ABS alloy for 3D printing
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Pending
 
 
 
 
 
188
A kind Of  chitosan fill the PVA support materials for 3D printing
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July 21, 2015
Pending
 
 
 
 
 
189
A preparation methods of  PA-12 composite materials for 3D printing
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A preparation methods of  ASA composite materials for 3D printing
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Pending
 
 
 
 
 
191
A PCL materials for 3D printing
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July 21, 2015
Pending
 
 
 
 
 
192
A PLA/carbon fiber composite materials for 3D printing
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Pending
 
 
 
 
 
193
A ABS/carbon fiber composite materials for 3D printing
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Pending
 
 
 
 
 
194
A low-cost PEEK composite materials
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195
A kind of flame retardant PEK-C composite materials
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Pending
 
 
 
 
 
196
The preparation method  of  PLA composites with higher strength
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Augut 20, 2015
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197
High flexibility and heat resistance of modified PLA material and its preparation method
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Augut 20, 2015
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198
The preparation method of high toughness PLA composites
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Augut 21, 2015
Pending
 
 
 
 
 
199
A low hardness material for 3D printing and its preparation method
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Augut 21, 2015
Pending
 
 
 
 
 
200
A kind of high toughness ABS/PLA base alloy and its preparation method
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Augut 21, 2015
Pending
 
 
 
 
 
201
A preparation methods of  PLA/carbon fiber composite cable
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Augut 21, 2015
Pending
 
 
 
 
 
202
A kind of high toughness PC/PLA base alloy and its preparation method
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Augut 21, 2015
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28

 
 
 
 
 
 
203
A PLA/PCL materials for 3D printing
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Augut 21, 2015
Pending
 
 
 
 
 
204
A preparation methods of biodegradable PP  composite materials
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Augut 21, 2015
Pending
 
 
 
 
 
205
A kind of twin screw reactive extrusion method ring opening polymerization preparation of PLA
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Augut 21, 2015
Pending
 
 
 
 
 
206
A 3D printing with PLA wood plastic composite material and its preparation method
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Augut 22, 2015
Pending
 
 
 
 
 
207
A kind of biodegradable plastic material
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Augut 22, 2015
Pending
 
 
 
 
 
208
A water-soluble 3D printing support material and its preparation method
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Augut 22, 2015
Pending
 
 
 
 
 
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The preparation method of  PLA by catalytic organic molecules
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Augut 26, 2015
Pending
 
 
 
 
 
210
A kind of alloy material for 3D printing
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Augut 26, 2015
Pending
 
 
 
 
 
211
The preparation method of  PLA by glue lactide ring-opening polymerization
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Augut 26, 2015
Pending
 
 
 
 
 
212
A kind of modified carbon fiber reinforced PEK-C composite materials
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Augut 24, 2015
Pending
 
 
 
 
 
213
A kind of flame retardant straw man-made composite panels and its preparation method
201510598097.50
September 21, 2015
Pending
 
 
 
 
 
214
A kind of injection molding with straw powder/PP composite wood plastic material
201510598151.60
September 21, 2015
Pending
 
 
 
 
 
215
A free aldehyde a two-component straw green adhesive and its preparation method
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September 21, 2015
Pending
 
 
 
 
 
216
A radiation-hardened PEK-C composite materials
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September 21, 2015
Pending
 
 
 
 
 
217
A PLA/PCLbased materials for 3D printing
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September 19, 2015
Pending
 
 
 
 
 
218
A kind of  PC/PLA alloy for 3D printing
201510596496.80
September 19, 2015
Pending
 
 
 
 
 
219
A preparation methods of  PA-12 composite materials for 3D printing
201510596494.90
September 19, 2015
Pending
 
 
 
 
 
220
A straw filling masterbatch for car and its preparation method
201510596493.40
September 19, 2015
Pending
 
 
 
 
 
221
A kind of chemical modification of two-component straw without adhesive and  its preparation method
201510606502.30
September 23, 2015
Pending
 
 
 
 
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222
A highly transparent and heat resistant PLA based composite materials and  preparation methods
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September 22, 2015
Pending
 
 
 
 
 
223
A long natural fiber/PLA based composite materials and  preparation methods
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September 22, 2015
Pending
 
 
 
 
 
224
A high toughness,high liquidity PLA/PP alloy and  its preparation method
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September 22, 2015
Pending
 
 
 
 
 
225
A straw combined with compound wood plastic material and its preparation method
201510621223.40
September 28, 2015
Pending
 
 
 
 
 
226
A filler masterbatch containing straw fiber and its preparation method
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September 26, 2015
Pending
 
 
 
 
 
227
A kind of high toughness of polyolefin/PLA based alloy material  and its preparation method
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September 26, 2015
Pending
 
 
 
 
 
228
A straw in organic resin environmental protection plastic masterbatch and preparation method
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September 26, 2015
Pending
 
 
 
 
 
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A kind of SEBS compound materials for 3D printing and preparation methods
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Pending
 
 
 
 
 
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A 3D printing in toughenning PLA material
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October 21, 2015
Pending
 
 
 
 
 
231
A 3D printing with imitation wood material and its preparation method
201510678582.30
October 21, 2015
Pending
 
 
 
 
 
232
A shock profile ASA modification and preparation metgod
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October 21, 2015
Pending
 
 
 
 
 
233
A kind of suitable for 3D printing PP/SEBS composite materials
201510678417.80
October 21, 2015
Pending
 
 
 
 
 
234
A werther resistance type ASA material preparation method
201510682952.00
October 22, 2015
Pending
 
 
 
 
 
235
A carbon fiber thermoplastic composites material and its preparation method
201510802664.40
November 20, 2015
Pending
 
 
 
 
 
236
A kind of plant fiber modified PP composite material and its preparation process
201510801217.70
November 20, 2015
Pending
 
 
 
 
 
237
A straw biodegradable green tableware and its preparation method
201510800686.70
November 20, 2015
Pending
 
 
 
 
 
238
A straw packaging products and its preparation method
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November 20, 2015
Pending
 
 
 
 
 
239
A 3D printing use environmental protection material and  its preparation method
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November 17, 2015
Pending
 
 
 
30

 
 
 
 
 
 
240
A 3D printing to atrengthen PLA material
201510781729.10
November 17, 2015
Pending
 
 
 
 
 
241
A 3D printing for PVA/PLA composite materials
201510781822.20
November 17, 2015
Pending
 
 
 
 
 
242
Carbon fiber reinforced polylactic acid/hydroxyapatite composite material preparation method
201510781758.80
November 17, 2015
Pending
 
 
 
 
 
243
A PLA/PCL composite materials for 3D printing fixed with chest photo
201510781757.30
November 17, 2015
Pending
 
 
 
 
 
244
A PEEK composites used for 3D printing
201510776191.50
November 16, 2015
Pending
 
 
 
 
 
245
A long natural fiber/polylactic acid based composite material  preparation method
201510807808.50
November 23, 2015
Pending
 
 
 
 
 
246
A 3D printing with PA-12/carbon fiber composite material preparation method
201510774246.90
November 14, 2015
Pending
 
 
 
 
 
247
A synthetic PLA composite and its preparation method
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December 30, 2015
Pending
 
 
 
 
 
248
The preparation method  of high toughness PLA  composites
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December 30, 2015
Pending
 
 
 
 
 
249
A kind of high strength polypropylene fiber and its manufacturing method
201510994680.80
December 30, 2015
Pending
 
 
 
 
 
250
The method  of  preparation of polypropylene fiber
201510994693.50
December 30, 2015
Pending
 
 
 
 
 
251
The preparation method  of  the high toughness PP composites
201510994695.40
December 30, 2015
Pending
 
 
 
 
 
252
Carbon fiber reinforced polylactic acid/hydroxyapatite composite material preparation method
201510994697.30
December 30, 2015
Pending
 
 
 
 
 
253
The preparation method  of  PLA/PP bicomponent fiber filtering material and products
201510994720.90
December 30, 2015
Pending
 
 
 
 
 
254
A kind of carbon fiber reinforced halogen-free flame retardant PA66 composite materials and preparation methods
201510995630.10
December 30, 2015
Pending
 
 
 
 
 
255
A kind of high toughness polylactic acid based composite material preparation method
201510995642.40
December 30, 2015
Pending
 
 
 
 
 
256
Carbon fiber reinforced halogen-free flame retardant PBT composite material and its preparation method
201510995644.30
December 30, 2015
Pending
 
 
 
 
 
257
A kind of starch based biodegradable plastics and its preparation method
201510995643.90
December 30, 2015
Pending
 
 
 
 
 
258
A highly transparent heat-proof PLA based composite material preparation method
201510995641.X
December 30, 2015
Pending
 
 
 
31

 
 
 
 
 
 
259
A kind of modified PET material and its preparation method
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February 3, 2016
Pending
 
 
 
 
 
260
A kind of environmental protection type plastic pipe and its preparation method
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February 3, 2016
Pending
 
 
 
 
 
261
The medical adjustable chest abdomen fixing belt based on FDM printing technology
201610073497.90
February 3, 2016
Pending
 
 
 
 
 
262
A kind of human pipeline support for controllable safety PLA/PCL composite material
201610068028.80
February 2, 2016
Pending
 
 
 
 
 
263
A kind of wood material for 3D printing and its preparation method
201610068060.60
February 2, 2016
Pending
 
 
 
 
 
264
A kind of PBS/PHB material for 3D pringting and its preparation method
201610068519.20
February 2, 2016
Pending
 
 
 
 
 
265
A preparation method of high toughness PP wood plastic composite materials
201610068969.10
February 2, 2016
Pending
 
 
 
 
 
266
A kind of glass fiber reinforced polyetheretheketone 3D printing supplies and preparation method thereof
201610069556.50
February 2, 2016
Pending
 
 
 
 
 
267
A kind of biodegradable polylactic acid protection film and its preparation method
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February 2, 2016
Pending
 
 
 
 
 
268
A kind of straw degradable plastic film and its preparation method
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February 2, 2016
Pending
 
 
 
 
 
269
A poly lactic acid/starch/straw powder bio based biodegradable composite material and its preparation method
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February 2, 2016
Pending
 
 
 
 
 
270
An enhanced impact modification of polylactic acid material and its preparation method
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February 3, 2016
Pending
 
 
 
 
 
271
A shape of thermotropic polymers material with memoty
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March 2, 2016
Pending
 
 
 
 
 
272
A kind of low cost straw polyethylene film and its preparation method
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March 2, 2016
Pending
 
 
 
 
 
273
Preparation method of wood plastic composite materials PP
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March 2, 2016
Pending
 
 
 
 
 
274
A kind of degradable plastic film and its preparation method
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March 2, 2016
Pending
 
 
 
 
 
275
A kind of biodegradable thoughening heat-resistant polylactic acid modified resin and its preparation method
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March 2, 2016
Pending
 
 
 
 
 
276
A preparation method and application of glass fiber reinforced polylactic acid composite material
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March 2, 2016
Pending
 
 
 
32

 
 
 
 
 
 
 
277
A kind of automobile sheet witn the 3D printing technology
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March 2, 2016
Pending
 
 
 
 
 
278
A kind of environmental protection engineering plastics for plate
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March 2, 2016
Pending
 
 
 
 
 
279
A kind of environmental protection engineering plastics for automobile
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Pending
 
 
 
 
 
280
A kind of preparation of the 3D printing technology based on medical lesions
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March 2, 2016
Pending
 
 
 
 
 
281
A kind of PA-12 wood plastic composite powder for 3D printung and its preparation method
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March 2, 2016
Pending
 
 
 
 
 
282
A kind of PBS/carbon material composite wire used for 3D printing and its preparation method
201610117815.70
March 3, 2016
Pending
 
 
 
 
 
283
A kind of shape memory polymer material of poly and its preparation method
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April 6, 2016
Pending
 
 
 
 
 
284
Method for preparing poly lactic acid foaming material by supercritical carbon dioxide autoclave pressure method
201610205122.30
April 6, 2016
Pending
 
 
 
 
 
285
A kind of degradable straw polyethylene film and the preparation method thereof
201610206640.70
April 6, 2016
Pending
 
 
 
 
 
286
A kind of high transparent heat-resistant polylactic acid composite material preparation method
201610206661.90
April 6, 2016
Pending
 
 
 
 
 
287
A kind of Environment friendly type poly lactic acid film and the  preparation method thereof
201610207898.90
April 6, 2016
Pending
 
 
 
 
 
288
A starch based degradable biological plastic PP and the preparation method thereof
201610208232.50
April 6, 2016
Pending
 
 
 
 
 
289
A kind of heat resistant PEEK composite material
201610208393.40
April 6, 2016
Pending
 
 
 
 
 
290
A kind of PA12/PA6 alloy material powder for 3D printing
201610208432.00
April 6, 2016
Pending
 
 
 
 
 
291
A preparation of the 3D printing technology of medical equipment based on the elbow
201610208548.40
April 6, 2016
Pending
 
 
 
 
 
292
A kind of PBS/PBC printing 3D material and the  preparation method thereof
201610209276.X
April 7, 2016
Pending
 
 
 
 
 
293
A kind of environmental protection engineering plastic for pipe
201610208583.60
April 7, 2016
Pending
 
 
 
 
 
294
A kind of  Glass fiber reinforced 3D printing plate
201610209379.60
April 7, 2016
Pending
 
 
 
 
 
295
A kind of environmental protection engineering plastic for pipe
201610283803.10
May 4, 2016
Pending
 
 
 
 
33

 
 
 
 
 
 
296
A kind of environmental protection engineering plastic for plate
201610286257.70
May 4, 2016
Pending
 
 
 
 
 
297
A kind of  environmental protection engineering plastic for automobile
201610286746.20
May 4, 2016
Pending
 
 
 
 
 
298
A carbon fiber composite material suitable for 3D printing
201610291577.10
May 6, 2016
Pending
 
 
 
 
 
299
A kind of wood material for 3D printing and preparation method thereof
201610291576.70
May 6, 2016
Pending
 
 
 
 
 
300
A kind of special material for 3D printing lamp
201610291575.20
May 6, 2016
Pending
 
 
 
 
 
301
A kind of long fiber reinforced nylon composite material and the preparation method thereof
201610288368.10
May 5, 2016
Pending
 
 
 
 
 
302
A kind of preparation method of high toughness PP wood plastic composite materials
201610287792.40
May 5, 2016
Pending
 
 
 
 
 
303
A kind of Environment friendly polyethylene film and itspreparation method
201610290594.30
May 5, 2016
Pending
 
 
 
 
 
304
Thermally conductive PBT composite material with shielding function and its preparation method
201610291019.50
May 5, 2016
Pending
 
 
 
 
 
305
A kind of degradable shape memory lumen inner bracket and the  preparation method thereof
201610291432.10
May 5, 2016
Pending
 
 
 
 
 
306
A kind of biodegradable plastic materials PLA
201610291430.20
May 5, 2016
Pending
 
 
 
 
 
307
A kind of PA12/PA66 alloy material powder for 3D printing
201610381000.X
June 1, 2016
Pending
 
 
 
 
 
308
A kind of PBS/C printing 3D material and preparation method thereof
201610380995.80
June 1, 2016
Pending
 
 
 
 
 
309
A kind of environmental protection material for 3D printing and the preparation method thereof
201610380993.90
June 1, 2016
Pending
 
 
 
 
 
310
A kind of PBT composite flame retardant material and its preparation method
201610380999.60
June 1, 2016
Pending
 
 
 
 
 
311
A kind of preparation method of talc PP composite wood
201610380997.70
June 1, 2016
Pending
 
 
 
 
 
312
A kind of anti bending PEEK composite material
201610381001.40
June 1, 2016
Pending
 
 
 
 
 
313
A kind of environmental protection engineering plastic for automobile
201610381002.90
June 1, 2016
Pending
 
 
 
 
 
314
A kind of flexible material suitable for 3D printing chest and abdomen fixing band and the preparation method thereof
201610380992.40
June 1, 2016
Pending
 
 
 
 
 
315
A method for preparing medical lactide
201610380998.10
June 1, 2016
Pending
 
 
 
 
34

 
 
 
 
 
 
316
A kind of functional type polyethylene film material and preparation method thereof
201610381752.60
June 1, 2016
Pending
 
 
 
 
 
317
A kind of high performance long fiber reinforced nylon composite material and the preparation method thereof
201610381709.X
June 3, 2016
Pending
 
 
 
 
 
318
A kind of full biological degradation heat resistant poly lactic acid foaming material and the preparation method thereof
201610381706.60
June 3, 2016
Pending
 
 
 
 
 
319
A kind of low cost and high heat-resistant PEEK composites
201610515565.20
July 4, 2016
Pending
 
 
 
 
 
320
A high performance with environmental protection engineering plastic pipes
201610519136.20
July 5, 2016
Pending
 
 
 
 
 
321
An amphiphilic polymer based on oil phase inverse microemulsion preparation method
201610516931.60
July 4, 2016
Pending
 
 
 
 
 
322
A straw plastic film and its preparation method
201610516933.50
July 5, 2016
Pending
 
 
 
 
 
323
A PBT/PC insulating thermal conductive composite materials
201610516932.00
July 4, 2016
Pending
 
 
 
 
 
324
A continuous glass fiber reinforced nylon material and its preparation method
201610515566.70
July 4, 2016
Pending
 
 
 
 
 
325
A heat-resistant environmental engineering plastics
201610519137.70
July 5, 2016
Pending
 
 
 
 
 
326
A uniform bubble hole high cushioning foaming materials preparation methods of PLA
201610516835.10
July 5, 2016
Pending
 
 
 
 
 
327
A preparation method of flax fiber wood plastic PP composites
201610515567.10
July 4, 2016
Pending
 
 
 
 
 
328
A 3D printing with ABS material and its preparation method
201610536415.X
July 11, 2016
Pending
 
 
 
 
 
329
A 3D printing chest straps of  PLA/POE composite materials
201610542588.20
July 12, 2016
Pending
 
 
 
 
 
330
A kind of toughening for 3D printing plate material
201610536433.80
July 11, 2016
Pending
 
 
 
 
 
331
A kind of 3D printing neck gear nylon base composite material and its preparation method
201610680095.50
August 18, 2016
Pending
 
 
 
 
 
332
A 3D printing in toughenning PLA material
201610680636.40
August 18, 2016
Pending
 
 
 
 
 
333
A supercritical CO2 micro foaming polylactic acid/wood powder composite materials
201610680071.X
August 18, 2016
Pending
 
 
 
 
 
334
A kind of super toughness plank with environmental protection engineering plastic
201610680093.60
August 18, 2016
Pending
 
 
 
 
35

 
 
 
 
 
 
335
The treatment a lung targeted therapy drugs preparation of PLGA microspheres
201610680058.40
August 18, 2016
Pending
 
 
 
 
 
336
An efficient composite PBT guide the cooling material and its preparation method and application
201610680624.10
August 18, 2016
Pending
 
 
 
 
 
337
A high-performance automotive environmental protection engineering plastics
201610680094.00
August 18, 2016
Pending
 
 
 
 
 
338
A kind of biomass polyethylene film and its preparation method
201610680625.60
August 18, 2016
Pending
 
 
 
 
 
339
A kind of suitable for 3D printing carbon fiber composite materials
201610680068.80
August 18, 2016
Pending
 
 
 
 
 
340
A kind of selective laser sintering of 3D printing with PA-12 composite powder
201610680072.40
August 18, 2016
Pending
 
 
 
 
 
341
A kind of flax fiber and rise husk powder preparation methods of wood plastic PP composites
201610680069.20
August 18, 2016
Pending
 
 
 
 
 
342
A kind of long fiber reinforced PP/nylon composite material and its preparation method
201610680642.X
August 18, 2016
Pending
 
 
 
 
 
343
A TPU material for 3D printers and its preparation method
201610828189.20
September 19, 2016
Pending
 
 
 
 
 
344
A 3D printing wood plastic composite material
201610829085.3
September 19, 2016
Pending
 
 
 
 
 
345
A PLA material for 3D printing and its preparation
201610826923.1
September 18, 2016
Pending
 
 
 
 
 
346
A SLS3D printing PA-12/GB composite material
201610831955.0
September 20, 2016
Pending
 
 
 
 
 
347
A kind of thermal insulation flame retardant performance enhancing PBT plastics and its preparation method
201610829136.2
September 19, 2016
Pending
 
 
 
 
 
348
A kind of thermoplastic starch/PLA foam and its production method
201610826922.7
September 19, 2016
Pending
 
 
 
 
 
349
A kind of impact resistance PEEK composites
201610827117.6
September 18, 2016
Pending
 
 
 
 
 
350
A permanent plastic tubing special material and its preparation method
201610831634.0
September 20, 2016
Pending
 
 
 
 
 
351
Toughening endurance of biodegradable polylactic acid modified resin and preparation method
201610831721.60
September 20, 2016
Pending
 
 
 
 
 
352
A newtype of PLA membrane material and its preparation method
201610832327.4
September 20, 2016
Pending
 
 
 
 
36

 
 
 
 
 
 
353
A preparation method of PLA by the lactide
201610826893.4
September 18, 2016
Pending
 
 
 
 
 
354
A long glass fiber reinforced nylon material preparation and mechanical properties of research
201610831722.0
September 20, 2016
Pending
 
 
 
 
 
355
A multi-segmented polyurethane shape memory polymer material and its preparation method
201610909927.60
October 19, 2016
Pending
 
 
 
 
 
356
A polymer gene drug carrier and its preparation method
201610909926.10
October 19, 2016
Pending
 
 
 
 
 
357
A  modified poly lactic and preparation method thereof
201610909903.00
October 19, 2016
Pending
 
 
 
 
 
358
Preparation of continuous glass fiber reinforced nylon composite materials
201610916278.20
October 21, 2016
Pending
 
 
 
 
 
359
The invention relates to an environment - friendly film adsorption traditional tableware process and its preparation method
201610910743.10
October 19, 2016
Pending
 
 
 
 
 
360
One Kind of Environmental Engineering Plastics for Lightweight Automobile
201610909759.00
October 19, 2016
Pending
 
 
 
 
 
361
A Method of Preparation of  PC/ABS for 3D Printing
201610909754.80
October 19, 2016
Pending
 
 
 
 
 
362
A Methodfor preparing PP/SEBS for Rapid prototyping
201610909905.x
October 19, 2016
Pending
 
 
 
 
 
363
A Method of Preparation of High-rigidity Engineering Plastics for Pipe
201610909762.20
October 19, 2016
Pending
 
 
 
 
 
364
A Method for Preparing Environmental Engineering Plastics for High-strength Pipe
201610909760.30
October 19, 2016
Pending
 
 
 
 
 
365
The invention relates to an environment - friendly film adsorption hollowing tableware process and its preparation method
201610941346.00
November 2, 2016
Pending
 
 
 
 
 
366
Environmental protection engineering plastic for weather resistant automobile
201610943159.60
November 5, 2016
Pending
 
 
 
 
 
367
An eco-friendly tableware traditional film adsorption process for its preparation
201610943233.40
November 2, 2016
Pending
 
 
 
 
 
368
Preparation of continuous glass fiber reinforced nylon composite materials
201610960086.10
November 2, 2016
Pending
 
 
 
 
 
369
A kind of PEEK/PES composite material
201610999301.90
November 15, 2016
Pending
 
 
 
 
 
370
Heat conductive flame retardant poly ethylene terephthalate and preparation method thereof
201610971556.40
November 7, 2016
Pending
 
 
 
 
 
371
A kind of shape memory polyurethane polymer materials and its synthesis process
201610971345.00
November 7, 2016
Pending
 
 
 
37

 
 
 
 
 
 
372
A kind of containing folic acid targeted polymer drug carrier and its preparation method
201610971300.30
November 7, 2016
Pending
 
 
 
 
 
373
PA12/PA6/GB Alloy Material for SLS 3D Printing
201610961256.80
November 2, 2016
Pending
 
 
 
 
 
374
A Kind Composite Of PLA/TPU for 3D printing
201610971583.10
November 7, 2016
Pending
 
 
 
 
 
375
A low hardness composite material forRapid prototyping and the preparation method
201611001390.x
November 17, 2016
Pending
 
 
 
 
 
376
A  hydrolysis  modified poly lactic fiber and the preparation method
201610998812.90
November 21, 2016
Pending
 
 
 
 
 
377
An environmental wood material for 3D printing and its preparation method
201610999438.40
November 21, 2016
Pending
 
 
 
 
 
378
An easy separation and environmental protection film is used for absorbing the hollow type tableware and the preparation method
201611149005.60
December 14, 2016
Pending
 
 
 
 
 
379
A shock polylactic acid material preparation method
201611115340.40
December 7, 2016
Pending
 
 
 
 
 
380
Preparation of high content glass fiber reinforced nylon-66 composite materials
201611149148.70
December 14, 2016
Pending
 
 
 
 
 
381
A Method for Preparing Environmental Engineering Plastics for Weather resistance Pipe
201611116482.20
December 7,2016
Pending
 
 
 
 
 
382
A Method of Preparation of Abrasion resistance Engineering Plastics for Pipe
201611115376.20
December 7,2016
Pending
 
 
 
 
 
383
A kind of glass fiber reinforced PEEK/PES composite material
201611122470.20
December 7,2016
Pending
 
 
 
 
 
384
A modified ABS Resin for 3D Printing and Preparation Method
201611149042.70
December 14,2016
Pending
 
 
 
 
 
385
An environment - friendly Wood-plastic Composite for 3D printing
201611114397.20
December 7,2016
Pending
 
 
 
 
 
386
A kind offiber reinforced composite materials for 3D printing
201611149031.90
December 14, 2016
Pending
 
 
 
 
 
387
Polypyrrolidone type of polymeric drug carrier micelles
201611149041.20
December 14, 2016
Pending
 
 
 
 
 
388
A PBT heat conduction and heat resisting material for an LED lamp socket
201611149004.10
December 14, 2016
Pending
 
 
 
 
 
389
One kind of resistance to warpage reinforced PA6 material and preparation method
201710784584.X
September 4, 2017
Pending
 
 
38

 
 
 
 
 
 
 
390
An antistatic LSOH retardant PC / ABS alloy material and its preparation method
201710784585.40
September 4, 2017
Pending
 
 
 
 
 
391
Preparation method of an aircraft engine surrounding high temperature polyimide composites
201710784591.X
September 4, 2017
Pending
 
 
 
 
 
392
A silicone toughening polyphenylene sulfide material and its preparation method
201710784588.80
September 4, 2017
Pending
 
 
 
 
 
393
A kind of preparation method of rice husk powder / Talc Composite Reinforced starch based degradable plastics
201610293135.00
June 5, 2016
Pending
 
 
 
 
 
394
A kind of nylon reinforced 3D material special material and the preparation method thereof
201610293621.20
June 5, 2016
Pending
 
 
 
 
 
395
A kind of preparation method of straw powder filled PP composite material
201610294471.70
June 5, 2016
Pending
 
 
 
 
 
396
A kind of special material for 3D ABS/PC consumable material and the preparation method thereof
201610443577.90
August 6, 2016
Pending
 
 
 
 
 
397
A kind of special material of modified nylon 3D consumable material and the preparation method thereof
201610442209.20
 
Pending
 
 
 
 
 
398
An application on starch based biodegradable plastic food packaging
201610442190.10
June 8, 2016
Pending
 
 
 
 
 
399
A kind of can be used for 3D printing enhanced toughenting nylon material and the preparation method  thereof
201610593945.80
July 27, 2016
Pending
 
 
 
 
 
400
A kind of plant fiber filling modified polypropylene composite material and the preparation method  thereof
201610591739.30
July 26, 2016
Pending
 
 
 
 
 
401
A plant fiber reinforced different type polypropylene compound with the preparation of composite materials
201610711148.50
August 24, 2016
Pending
 
 
 
 
 
402
A kind of material  can be used to increase manufacturing polyamide 6 modifide material and the preparation method  thereof
201610714901.60
August 25, 2016
Pending
 
 
 
 
 
403
A material can be used to increase manufacturing preparation methods of toughening nylon materials
201610829480.10
September 19, 2016
Pending
 
 
 
 
 
404
A KT-1 as compatibilizer modified polypropylene composite material
201610827269.60
September 18, 2016
Pending
 
 
 
 
 
405
A kind of material  can be used to increase manufacturing ASA/PC alloy  and the preparation method  thereof
201610875348.40
October 8, 2016
Pending
 
 
 
 
 
406
A high modulus fibeer/polypropylene composite material preparation method
201610874802.40
October 10, 2016
Pending
 
 
 
 
 
39

 
 
 
 
 
 
407
A kind of material  can be used to increase manufacturing ABS/PC alloy modified  material
201610940316.80
November 2, 2016
Pending
 
 
 
 
 
408
A moderate melt index of plant fiber filling modificationg of polypropylene composites
201610940204.20
November 2, 2016
Pending
 
 
 
 
 
409
A short cut glass fiber reinforced nylon material and its preparation method
201610940275.20
November 2, 2016
Pending
 
 
 
 
 
410
A high performance fiber modified polypropylene composite material and its preparation method
201611088126.40
December 1, 2016
Pending
 
 
 
 
 
411
A car interior with environmentally friendly scratch resistant polypropylene materials and preparation method
201611088117.50
December 1, 2016
Pending
 
 
 
 
 
412
A kind of material  can be used to increase manufacturing nylon material  and the preparation method  thereof
201611088041.60
December 1, 2016
Pending
 
 
 
 
 
413
A glass fiber reinforced polypropylene composite material  preparation method
201710535349.90
July 4, 2017
Pending
 
 
 
 
 
414
 A carbon fiberprepreg preleaching and preparation method
201710535350.10
July 4, 2017
Pending
 
 
 
 
 
415
A kind of high toughness flame-retardant PC/PLA alloy material  preparation method
201710535381.70
July 4, 2017
Pending
 
 
 
 
 
416
A kind of  glass fiber reinforced polypropylene base composite material preparation method
201710535406.30
July 4, 2017
Pending
 
 
 
 
 
417
Preparation of a glass fiber reinforced PA6/PA66Composites
201710651178.60
August 2, 2017
Pending
 
 
 
 
 
418
A Kind of preparation of appling to charging pile casing PC / ABS  alloy material   preparation
201710650880.00
August 2, 2017
Pending
 
 
 
 
 
419
A toughening wear-resistant  plastic alloy material and preparation method
201710651176.70
August 2, 2017
Pending
 
 
 
 
 
420
Preparation of a continuous glass fiber reinforced  PA6  material
201710651146.60
August 2, 2017
Pending
 
 
 
 
 
421
A toughening level agricultural film  composite material and its preparation method
201710938370.30
October 11, 2017
Pending
 
 
 
 
 
422
A high-performance  lightweight plant fiber /PP composite material and its preparation method
201710938405.30
October 11, 2017
Pending
 
 
 
 
 
423
A toughening type bastose  modified polypropylene composite
201710938369.00
October 11, 2017
Pending
 
 
 
 
 
424
A kind of  ABS/ biomass composite materials  and its preparation method
201710938406.80
October 11, 2017
Pending
 
 
 
 
 
425
Preparation  of one kind of ultra light and thin fiber reinforced skids
201410326799.30
July 10, 2014
Pending
 
 
 
 
40

 
 
 
 
 
 
426
The prepatation method of  glass fiber reinforced polypropylene
201410365812.60
July 29, 2014
Pending
 
 
 
 
 
427
The prepatation method of large tow carborn fiber cable
201410363355.70
July 29, 2014
Pending
 
 
 
 
 
428
A toughening polylactic and acid and its preparation method
201410362495.20
July 29, 2014
Pending
 
 
 
 
 
429
A high transparent heat-proof polylactic acid based composite material of the preparation method
201410413616.10
August 21, 2014
Pending
 
 
 
 
 
430
A preparation method  of PEAK modified epoxyresin system/carbon fiber cable
201410413361.90
August 21, 2014
Pending
 
 
 
 
 
431