The R&D Centre of Shandong Lizhengfu New Material Technology Co., Ltd. was officially established and put into operation on August 28th.
The contract for Lizhengfu Organosilicon Production and Manufacturing R&D Base Project was signed on June 21 this year, which is located in Rizhao Economic and Technological Development Zone, Shandong Province. The project is being constructed with RMB 380 million invested by Hainan Lizhengfu Equity Investment Co., Ltd., primarily involved in the research, development, and manufacturing of silicone fluid, silicone resin, and other relevant products.
Since the project construction was settled, the R&D Centre was fine equipped with carriers leasing, decoration and equipment procurement within 2 months in team work of Lizhengfu and Base Project. At the same time, Dr. Zhenle YUAN, as the research leader, is admitted working full time for the Centre.
Lizhengfu New Materials R&D Center primarily focuses on researching and developing core formulas and processes for downstream sectors of organic silicon products. Additionally, it offers technology validation, customer solution support, and other related tasks. The Centre provides assistance in formula technology, product standards, engineering applications, and talent training for proposed projects. According to Dr. Yuan, the research and development, synthesis design, pilot testing, and process validation of new products have been fully launched.
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Shandong Lizhengfu New Materials Technology Co., Ltd. was established on April 27, 2023. It is a wholly-owned subsidiary of Hainan Lizhengfu Equity Investment Co., Ltd. Lizhengfu is a high-tech enterprise specializing in the research and development, production, and sales of silicone materials.
Hainan Lizhengfu Equity Investment Co., Ltd. is a diversified investment company that integrates domestic and foreign trade, advanced materials, internet system integration, and electronic software and hardware development. Those self-invested projects are located in Rizhao, Beijing, Hangzhou, and other places.
