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Production facility set up in Hong Kong and started compounding business.
New plant established in Dongguan, China with 15,000 MT / year production capacity. The plant was integrated with R & D and color-matching department to upgrade and improve company's new product development and technical service.
Further expansion & increase production capacity in Dongguan. The up-graded plant occupies a 25,000 square meters industrial site with design capacity up to 30,000 MT / year. New testing equipments imported from USA in the same year.
Started acquiring UL certification for company's engineering plastic compounds, until today we have over 60 products officially listed under Cheng Yu brand & continues to grow.
Replacing and certified by Germany TüV NORD for ISO9001 quality management system. In the same year, sales & service department established for export business.
During this period, CYZPlastic participated in many well known plastic exhibitions around the world, promoting our exporting business & continue to build Cheng Yu brand recognition in the overseas market. (Germany - K show, USA - NPE, Turkey and Vietnam plastic exhibitions)
Explore potential business opportunity in countries that has taken part in the planning and development of the Belt and Road Initiatives, especially Southeast Asian countries (Vietnam, Thailand, Malaysia, Indonesia).
Focusing on sustainable green development, aiming to serve industries that wants to pursuit weight reduction, increase in environmental awareness and to reduce carbon emission. Specific focus should be on electric car industry and extend the idea of plastic instead of steel. Coordinate with Big Data and 5G network hardware providers to develop engineering plastics corresponds to their field application. Finally the expanding needs for R&D with 3D printing materials.
In response to unpredictable delivery delays and tight supply, Chengyu actively cooperated with manufacturers to provide new solutions for material replacement and renewal, and also developed and launched a variety of options, such as bio-based nylon (MXD6 and PA56, PA610) And PC alloys and suitable for low temperature applications, at the same time PA6 NH6GV3 (halogen-free flame retardant glass fiber filled 30%) material has obtained yellow card certification.