Hunan Hengyuan New Materials Technology Co., Ltd. is a private joint-stock enterprise restructured from the former Hengyang Insulation Materials General Factory. It was founded in 1958. In December 2005, Hengyang Hengyuan Electrical Materials Co., Ltd. was reorganized and established; on June 30, 2015, it was changed to Hunan Hengyuan New Materials Technology Co., Ltd. in accordance with the law. On November 18 of that year, it was successfully listed on the "New Third Board" , stock code is 834572. At the same time as the listing of the "New Third Board", the company also acquired the foreign-funded Hanluote Electric (Shanghai) Co., Ltd., and in December of the same year, it also acquired the equipment, technology and market of Shanghai Fengli Insulation Materials Co., Ltd. The company is a key backbone enterprise for the former Ministry of Machinery to target the production of electrical and electrical insulation materials for electrical and electrical appliances, and is also a manufacturer of large-scale and comprehensive composite materials and thermal protection materials in South and South China.

The company has more than 60 years of technology and experience in the research and development and production of polymer composite materials of various grades. The company's products are divided into military products and civilian products. The main military products include: high-temperature-resistant thermal protection materials, high-temperature-resistant composite materials, shielding stealth materials, etc. The main products include: insulating paint, resin and glue; laminated products; mica products; soft composite materials; impregnated products; insulated molded processing parts and molded parts, with an annual production capacity of more than 8,000 tons. The company's products are mainly used in rail transit, power transmission and transformation equipment, new energy, motors, electrical appliances, electronic communications, aerospace, defense and military industry and other fields.

The company has more than 50 years of technology and experience in the production and development of composite materials and thermal protection materials of various grades. It has 23 invention patents and 29 utility model patents. It has strong technical strength and has a Hunan Electrical Insulation Material Engineering Technology Research Center. The company has also carried out industry, academia and research cooperation with research institutions such as Xiangtan University. The new product development capabilities are at the leading position in the domestic industry, forming a strong technology development system and continuous innovation development capabilities. The company can develop and develop various advanced composite materials and thermal protection materials with independent intellectual property rights such as high strength, high voltage, high temperature resistance, radiation resistance, high flame retardant, energy-saving and environmentally friendly based on market needs and user requirements.

In recent years, we have strengthened scientific and technological research, actively connected with rail transit and new energy equipment, targeted the cutting-edge development of today's insulating materials such as standard EMUs, nuclear power, wind power, etc., and continuously broke through core technologies. We have successively developed PFCP insulating cardboard and UPGM insulating felt board, New products such as C-grade molding materials, insulated corrugated plates for nuclear power, H-grade insulated groove wedges, HY1168 water-soluble and solvent-free insulated paint have quickly seized the market and formed new economic growth points, which are the performance of these products and imported products. As a result, some indicators even exceed similar foreign products, which can replace imports and achieve domestic production.

Advanced technology, strict management, and high-performance quality have not only won the recognition and trust of customers such as CRRC, TB Electric, Power Supply Group, Harbin Electric Group, Oriental Motor, Huarui Wind Energy and other well-known domestic companies, but also It has been widely used in large foreign companies such as ABB, Siemens, Bombardier, and Alstom, and has become a well-respected brand. Currently, the company has the qualification of a qualified supplier of CRRC Class A; its subsidiary Hanluote (Shanghai) Co., Ltd. is a qualified supplier of Alstom Corporation globally.