Penglai Weiyang New Materials Co., Ltd. is a wholly-owned subsidiary under Shandong Weiyang Group. The company was founded in April 2011, and put into operation in July 2011, with total investment of RMB more than 20 million. The company is located in Lingang Industrial Park, Xicheng District, Penglai, the headquarters of Shandong Weiyang Group, and is a hi-tech enterprise integrating production, R&D and sale.
       Since its inception, the company actively responded to the strategy of Penglai Municipal Party Committee and Municipal Government to