Industrial Structure

Dongying Kunbao New Materials Co., Ltd., located in Guangli Chemical Industry Park, Dongying Economic and Technological Development Zone, was established on April 23, 2020 with a registered capital of 120 million yuan. It is a wholly-owned subsidiary of Shandong Kunbao New Materials Group Co., Ltd. (hereinafter referred to as "Kunbao Shares").

The first phase of the new material project covers an area of 120 mu, with an investment of 500 million yuan. It is mainly to build a project with an annual output of 5000 tons of adamantane and 3000 tons of amantadine hydrochloride, and a supporting project with an annual output of 50000 tons of anhydrous aluminum trichloride. The project has reached its full capacity. Phase I of the project takes chlor alkali as the main raw material, forming a chlor alkali → aluminum trichloride → adamantane → amantadine hydrochloride industrial chain. The products can be used as important raw materials for molecular sieve templates upstream of the rare earth automobile exhaust catalytic industrial chain, laying a solid foundation for the development of the rare earth catalytic industrial cluster in Dongying Development Zone. The second phase of the project is planned to invest 500 million yuan to build a brominated flame retardant product project.