Jiangsu Baodu New Materials Co,, Ltd

Established in 2017 with registered capital of RMB 10 million,Lianyungang Lefu New Material Co.,Ltd.is a key enterprise for investmentattraction in Ganyu District of Lianyungang City. The company is estab-lished by the Sino-foreign joint venture Weifang Lifa Group with the invest-ment of 350 million yuan. We mainly engage in production of plasticproducts of more than ten categories including HDPE&LDPE flat bag,T-shirt bag, star-sealed garbage bag, food bag,freezer bag, garbage bag, which further divide intodozens of subcategories. Our products are mainly exported to Britain,Germany,France,the United States, South Africa and many other countriesand regions. The company covers an area of 8 hectares,built-up area of about 58,000m2 and put intoproduction at the end of 2018. We now have 50 setsof automatic film blowing machine,200 sets of bag-making machine, and anultra-large automatic cling wrap production line. We also have more than200 professionals & technicians and employees. We now have the daily output of about 60tplastic products and the annual processing capacity of over 10,000t plasticproducts. Our export value reaches RMB 180 million. Product export is fullydependent on our Weifang Head Office.Upon completion of the entireproject, we will reach the annual processing capacity of food-grade plasticbags of 20,000t, and the export value of around RMB 450 million.