On March 18, the signing ceremony for the Feikai Materials (Chizhou, Anhui) production base project was officially held.
According to reports, the total investment of the project is about 1 billion yuan, covering an area of about 300 acres, and will be implemented in two phases. The project plans to invest in the construction of multiple production lines suitable for multiple categories of organic synthetic materials, as well as the construction of corresponding public engineering facilities.
Feikai Materials stated that the company’s investment this time is based on the medium- and long-term strategic development plan, aiming to continuously optimize the regional distribution of production capacity and production scale by enriching the product matrix, deepening the vertical layout of the industrial chain, and building long-term core competitiveness. The project is in line with the company's strategic orientation of focusing on the main business of new materials, and provides sufficient physical carriers for the company to incubate new products in the new materials business segment, which is conducive to further enhancing the company's overall competitiveness and industry status.
According to the database, Feikai Materials’ main business is the research and development, production and sales of electronic chemical materials. The company's main products are optical fiber coating materials, plastic surface treatment materials, liquid crystal mixed crystal materials, panel photoresist materials, advanced packaging materials, traditional packaging materials, pharmaceutical intermediates, and photoinitiators.
In recent years, the company has continued to increase its layout of display materials:
On June 4, 2025, Feikai Materials announced that it would take the lead in increasing capital and shares in its joint-stock subsidiary Aikolon, with a total capital increase of 87 million yuan. It is understood that Aikelong is mainly engaged in the research and development, production and sales of high-performance polyimide (PI) materials and related products, which can be widely used in the fields of electronics and flexible displays, transportation and energy, and aerospace.
On May 28, Feikai Materials announced that it planned to acquire two display companies under JNC Corporation through its wholly-owned subsidiary Hecheng Display, as well as all the patents related to display liquid crystals of JNC Group. The total transaction price reached 382 million yuan. This acquisition will optimize the company's industrial structure, strengthen resource integration, focus on the LCD business field, and thereby consolidate and enhance the company's core competitiveness.
In 2025, Feikai Materials is expected to achieve a net profit attributable to the parent company of 350 million yuan to 455 million yuan, a year-on-year increase of 42.07% to 84.69%. The main reasons for the company's net profit growth in 2025 include the semiconductor materials business benefiting from the explosion of downstream demand and significantly improving performance; the optical fiber and cable market has recovered, and industry demand has achieved restorative growth; the market share of liquid crystal materials has continued to expand, and the synergies of mergers and acquisitions have begun to emerge; asset optimization, cost reduction and efficiency increase have achieved significant results.
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