Development history - Winbon Schoeller New Materials Co., Ltd

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WINBON SCHOELLER NEW MATERIAIS

Founded in February 2017, Winbon Schoeller New Materials Co., Ltd. was jointly invested by Zhejiang Welbon Pulp and Paper Group Corp. and Felix Schoeller Group.

2018

The former Zhejiang Dasheng was renamed as Winbon Technocell New Materials Co., Ltd.

The registered capital of Winbon Schoeller increased to RMB 570 million Yuan

Acquisition of Zhejiang Dasheng (registered capital of RMB 110 million Yuan), a listed company in National Equities Exchange and Quotations

Establishment of Shanghai branch

2017

New acquisition of 215 mu (1 mu = 666.67 square meters) of land to prepare for the construction of Longyou Phase II Mill

Establishment of Anhui Winbon Schoeller New Materials Co., Ltd. (registered capital of RMB 50 million Yuan), a wholly-owned subsidiary

The investment project of Longyou Phase II Line 9 started

Establishment of Sino-German joint venture - Winbon Schoeller New Materials Co. ,Ltd. (registered capital of RMB 570 million Yuan)