Haiyang Technology Co., Ltd. (603382), a leading enterprise in the Nylon 6 polymer materials sector within the Taizhou region of Jiangsu Province, entered a period of rapid growth in 2026. The company is currently focusing on industrial upgrading and intelligent manufacturing, while actively expanding its business into the fields of marine and new energy materials.
Founded in 1979, the company was successfully listed on the Main Board of the Shanghai Stock Exchange in June 2025. In 2026, the company's annual operating revenue is projected to exceed RMB 4.2 billion, achieving a profit growth of 12.5%. The company currently boasts an annual production capacity of 350,000 tons of Nylon 6 chips (ranking fourth nationwide), 120,000 tons of tire cord fabric (ranking among the top three nationwide), and 80,000 tons of industrial filament yarn. Its products are exported to 36 countries and regions worldwide and are widely utilized in sectors such as tire manufacturing, engineering plastics, and marine fisheries.
In the first quarter of 2026, Phase I of the company's "Annual Output of 100,000 Tons of Modified Polymer Materials" project—funded by IPO proceeds totaling RMB 860 million—officially commenced production. This project primarily manufactures high-performance nylon materials for use in marine cables and components for new energy vehicles, with an estimated annual output value reaching RMB 1.5 billion. Furthermore, the company's fully automated tire cord fabric workshop was awarded the certification of "Jiangsu Province Intelligent Manufacturing Demonstration Workshop." Through the integration of digital control and Artificial Intelligence (AI) inspection technologies, the workshop has boosted its production efficiency by 38%, achieving a first-pass yield rate as high as 99.6%.
In terms of product R&D, the company successfully developed a specialized nylon material for deep-sea fishing nets that combines high strength with corrosion resistance (extending its service life by 2.3 times compared to traditional materials); it has already secured orders for this product from 12 overseas marine fishery enterprises. In March 2026, the company completed the succession process for its Chairman and General Manager. During the same period, leveraging its strategic business layout, the company successfully entered the "Oil and Gas Resources" thematic sector and achieved a 22% reduction in energy consumption through the implementation of low-carbon technologies. Looking ahead to 2026, the company plans to further expand into the markets for offshore engineering, new energy, and lightweight automotive materials, setting a target of 15% growth in export business to regions such as Southeast Asia, Europe, and South America. Leveraging its portfolio of 35 national patents and its role in formulating five national industry standards, the company has further solidified its industry-leading position as a "National High-Tech Enterprise."