Luoyang Zhengju - A Rising Star in the New Materials Industry

In the dynamic landscape of the new materials industry, Luoyang Zhengju New Materials Technology Co., Ltd. has emerged as a remarkable entity. Since its establishment in 2018, the company has been on a relentless journey of growth and innovation, carving out a niche for itself in a highly competitive market.

Situated in the Beihang Science and Technology Park in Luoyang, Henan Province, the company benefits from its strategic location. It is a high - tech enterprise that focuses on highways, tunnels, bridges, and other fields. With an annual output of plastic pipes and fittings exceeding 40,000 tons, its product portfolio is diverse, covering gas pipes, perforated steel - belt polyethylene composite pipes, and many other categories.

One of the company's key strengths lies in its commitment to research and development. From the very beginning, Luoyang Zhengju set up a core R & D team. This team has been instrumental in driving the company's product innovation. In the initial stage, they built the first tailings pipe production line. Their continuous efforts led to the development of a comprehensive range of pipe fittings products. The tailings pipe, for example, is designed to meet the specific needs of the mining industry. It is engineered to withstand the harsh conditions of transporting tailings, ensuring durability and efficiency.

The tunnel escape pipe is another product that showcases the company's engineering prowess. In the high - risk field of tunnel construction, safety is of utmost importance. Luoyang Zhengju's tunnel escape pipes are made from high - quality materials, providing a reliable escape route in case of emergencies. These pipes have been used in numerous tunnel projects around the world, saving countless lives.

HDPE water supply and drainage pipes are also an integral part of the company's product range. In urban infrastructure projects, a stable and efficient water supply and drainage system is essential. Luoyang Zhengju's HDPE pipes are known for their excellent corrosion resistance, smooth inner surface, and high strength. They can ensure a long - term and trouble - free water supply and drainage, making them a preferred choice for many urban construction projects.

MPP electric power pipes are designed to meet the requirements of the power transmission industry. With the continuous development of the power industry, the demand for high - quality power pipes is increasing. Luoyang Zhengju's MPP electric power pipes have excellent electrical insulation properties, high - temperature resistance, and mechanical strength, ensuring the safe and stable transmission of electricity.

In 2019, the company completed a capital increase of 15 million yuan and started the construction of a production base in Shandong. This expansion not only increased the company's production capacity but also enhanced its market competitiveness. In 2020, the Shandong production base went into production, further strengthening the company's position in the market.

The company's business has been continuously upgrading. From the initial focus on polyethylene material technology development, it has now expanded to the whole field of new material research and development. This expansion has enabled the company to form a full - range of pipe fittings product matrix, which can better meet the diverse needs of customers in different industries.

In 2021, Luoyang Zhengju set up an international marketing team. This move was a strategic step towards global expansion. With the international marketing team, the company has been able to promote its products in the international market more effectively. By 2024, the company's products had covered 112 countries, demonstrating its strong global presence.

In 2024, the company entered the Beihang Science Park and completed pre - IPO financing. This achievement is a testament to the company's growth potential and market value. Over the years, the company has accumulated 12 invention patents and has been evaluated as a national high - tech enterprise. In 2024, it reported a revenue of 150 million yuan, a 50% increase, and a net profit of 23.23 million yuan, a 40% increase. Its domestic tunnel escape pipe market share ranks among the top three in the field.

Looking ahead, Luoyang Zhengju is committed to further technological research and development. It plans to enter the intelligent pipeline network field, leveraging the latest technologies such as the Internet of Things and artificial intelligence to develop more intelligent and efficient pipeline products. In 2025, the company aims to launch an IPO on the GEM board, striving to become a benchmark enterprise in the industry.