Recently, the Ministry of Industry and Information Technology of the People's Republic of China released a document titled "Announcement on the List of the Second Batch of First Year National Level Specialized, Refined, and New" Little Giants "Enterprises and National (or Provincial) Small and Medium sized Enterprise Public Service Demonstration Platforms Recommended for Support". The proposed national level specialized, refined, and new "Key Little Giants" are 656 key supported enterprises selected from the 4762 national specialized, refined, and new "Little Giants" enterprises announced by the Ministry of Industry and Information Technology, Zhejiang Kesai New Materials Technology Co., Ltd., a subsidiary of Wute Co., Ltd., was listed among them.
Encouraging the development of specialized, refined, and new small and medium-sized enterprises by the central government is a major measure to promote continuous innovation and specialization, promote the rapid development of China's real economy, consolidate the foundation of industrialization, and accelerate the process of industrialization. The national level specialized, refined, and innovative "key small giant" enterprises are further selected among the recognized specialized, refined, and innovative "small giant" enterprises, with stricter selection requirements in terms of market segmentation focus, innovation ability, market share, key core technologies, quality and efficiency. Zhejiang Kesai, with its core advantages such as years of accumulation, core products, and technological innovation, has once again stood out from fierce competition in August and was awarded the title of a national level specialized, refined, and new "key small giant" enterprise, following its successful inclusion in the "third batch of specialized, refined, and new" small giant "enterprises list" by the Ministry of Industry and Information Technology in July of this year. There are only about 30 chemical new material enterprises selected for this list nationwide.
According to the relevant requirements of the "Notice of the Ministry of Finance, Ministry of Industry and Information Technology on Supporting the High Quality Development of" Specialized, Refined, Special, and New "Small and Medium sized Enterprises (Caijian  No. 2), from 2021 to 2025, the central government has allocated a total of more than 10 billion yuan in subsidy funds to guide local governments to improve support policies and public service systems, and has focused on supporting the high-quality development of over 1000 national level specialized, refined, special, and new" small giant "enterprises in three batches, Promote these enterprises to play a demonstration role.
Zhejiang Kesai New Material Technology Co., Ltd is one of the earliest enterprises in China to carry out research and industrialization of fluorinated polymer materials and their applications. In 2021, Kesai made another breakthrough in the fields of high-purity PTFE products for semiconductor equipment, insulators for communication, and PTFE/PTFE thin film products for 5G high-frequency fields. The specialized polytetrafluoroethylene film for 5G high-frequency PCB board has been included in the first batch of advanced basic materials catalog in Zhejiang Province.
In terms of fluorinated polymer materials, Kesai PTFE film materials continue to be widely used by downstream panel displays and high-frequency PCB industry customers. The company continues to extend its manufacturing capabilities downstream through the construction of fluorinated polymer material platforms, achieving technological breakthroughs in high-purity PTFE equipment for semiconductor equipment, PTFE products for communication insulators, and E-PTFE film products for 5G high-frequency fields. High performance materials such as polyether ether ketone (PEEK), fusible polytetrafluoroethylene (PFA), polytrifluorochloroethylene (PCTFE), polyether imide (PEI), and ultra high molecular polyethylene (UPE) have realized the construction of profile processing platforms, and have formed large-scale mass production and sales. At the same time, by introducing equipment such as gantry milling machines and five axis turning and milling composite machines, we further enhance the processing capacity of high-performance materials and strive to provide customers with a one-stop comprehensive solution for high-performance polymer materials.
The successful selection of the national level specialized, refined, and innovative "key small giant" enterprise in this Kesai is an authoritative affirmation of Kesai's years of accumulation and future development prospects by various departments at the national, provincial, and municipal levels. It is also a high recognition of Zhejiang Kesai's professionalism, technological innovation ability, industry influence, and comprehensive strength. At the same time, it also marks a significant step forward for Kesai in terms of technological innovation, industrial promotion, independent intellectual property rights, brand product development and application.
Walter Group will also take this opportunity to closely follow the national policy and the development trend of the times, focus on breakthroughs and innovations in core technologies of polymer materials, continue to strive to leverage its technological and innovative advantages, and through technological innovation and research and development, produce specialized and refined core products, conquer key technologies, continue to launch innovative and competitive products and services, and actively assume the corporate responsibility of the national "key small giant", Leading the rapid development of the industry, jointly safeguarding the transformation of social industries, and contributing to promoting high-quality economic development and building a new development pattern.