Huitong Co., Ltd. Controls Donghua Composite, Expands High-Performance Composite Material Layout
Huitong New Materials Co., Ltd. (hereinafter referred to as "Huitong Co., Ltd.") has formally signed a "Share Transfer Agreement" with Shanghai Donghua Composite Technology Co., Ltd. (hereinafter referred to as "Donghua Composite") and relevant parties to strategically acquire 55.46% of the equity in Donghua Composite using its own funds.Donghua Composite has thus become a holding subsidiary of Huitong Co., Ltd.。
This initiative is not a short-term market action, but the long-term strategic implementation of Huitong Co., Ltd.'s deep dedication to the new materials sector and the improvement of industrial layout. It represents a deep integration of technological advancement, resource integration, and industrial synergy, injecting strong momentum into the high-quality development of both parties.

As an innovative enterprise focused on high-performance thermoplastic composite materials, Donghua Composites has been committed to core technology research and development and product iteration since its establishment in 2021. It has established an industrial layout centered in Shanghai, with radiations to Suzhou, Hefei, and other locations. The company owns subsidiaries such as Suzhou Aerospace Composites Technology Co., Ltd. and Hefei Donghua Composites Technology Co., Ltd., forming a clearly defined and mutually complementary business structure.
Its main businessHigh-performance thermoplastic compositesThe thermoplastic resin serves as the matrix, combined with continuous carbon fibers, glass fibers, and other reinforcement materials to form a composite. With outstanding advantages such as high strength, lightweight, corrosion resistance, recyclability, and rapid molding, it has been widely applied in various fields.Stable applications have been formed in key areas such as aerospace, new energy vehicles, and high-end medical care.Accurately aligning with the core needs of the upgrade of the high-end manufacturing industry, it has broad market development space.
Suzhou Aerospace Composite Materials focuses on the industrialization of aviation-grade high-performance carbon fiber composite materials, while Hefei Donghua Composite Materials is dedicated to research and development of material applications in the medical field. Each subsidiary's deep cultivation in their respective niche sectors has laid a solid foundation for the overall business development.
At the level of technology and talent
Donghua Composite has built a solid core competitiveness. The core technical team is composed of professionals from prestigious universities such as Donghua University and Zhejiang University, who have been deeply engaged in cutting-edge research in the industry for many years, accumulating rich technical experience and innovative achievements. Furthermore, relying on independently developed fully localized equipment and process systems, the company has achieved complete autonomy and control from raw materials and core equipment to manufacturing processes.
Among them, core member Ms. Zhu Shu serves as a professor and doctoral supervisor at Donghua University. She is also a specially appointed expert for China Commercial Aircraft Corporation's C*** project, and a member of the Carbon Fiber Composite Materials Committee of the China Composites Industry Association, among other significant academic and social roles. She has participated in winning numerous honors, including the Shanghai Science and Technology Progress First Prize in 2019 and 2022, the Chongqing Science and Technology Progress First Prize in 2021, and has been selected for the Oriental Talents (Youth) and Jiangsu Province "Double Innovation Talents" leadership talent programs. The new efficient forming technology route developed by her team has laid a solid foundation for the large-scale application of high-performance thermoplastic composites.

This strategic cooperation is a crucial step for Weitong Co., Ltd. to respond to the national strategic emerging industry development orientation and implement its long-term development plan.
After the transaction is completed, Huitong Holdings will participate in core management according to the agreement. It will fully leverage its mature customer resources, channel network, and industry operation experience accumulated in upstream resin polymerization and modification, as well as in downstream automotive and low-altitude economy sectors, to provide comprehensive empowerment support for Donghua Composite Materials and its subsidiaries such as Suzhou Aerospace Composite Materials and Hefei Donghua Composite Materials. This will assist various business units in further strengthening their technology transformation and market expansion capabilities.
Through deep collaboration between both parties in technology, industry, and resources, Huitong Co., Ltd. will accelerate the improvement of its high-end materials business layout, deepen the value of industry collaboration, and support domestic high-end new materials in overcoming technical bottlenecks, breaking international monopolies, and achieving independent control. This will continuously enhance the company's core competitiveness and industry influence.。
Standing at a new development starting point, Wutong Co., Ltd. and Donghua Composite Materials will join hands, along with subsidiaries such as Suzhou Aerospace Composite Materials and Hefei Donghua Composite Materials, to form a development synergy. With technological innovation as the core driving force and industrial collaboration as the development link, we will continue to deepen our efforts in the field of high-end new materials and jointly write a new chapter of cooperation and win-win in the industry!
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