Zhejiang Hengchuan new material Co., Ltd., established in 2016, integrates the design, development, production and sales of special new paper packaging materials. It is a wholly-owned subsidiary of Hengda new material. In the year of its establishment, the company successfully completed the acquisition of a local paper enterprise, started the technical upgrading and transformation of the first phase of special paper production line, quickly completed the commissioning and trial production of paper machine, and the products were widely recognized by customers after they were put on the market. In 2017, Hengchuan phase II technical transformation project was launched and has been put into normal operation. In March 2021, it was awarded the "star of enterprise growth" award by Quzhou Municipal People's government.

In November 2020, the company launched Hengchuan phase III technical transformation project, which is another masterpiece of the company and a new economic growth point in the future. At present, Hengchuan 3# line has been selected into the provincial "five one batch" key technological transformation demonstration project plan in 2021. After the completion of the project, the company will further expand its scale and effectively improve its market competitiveness. At the same time, it will also create a broader development platform for employees to improve themselves and realize their personal value.

Based on the principle of high starting point and high standard, Hengchuan new material focuses on this development strategy in terms of plant layout, assembly line design and leading product positioning, and strives to expand, refine, refine and strengthen this emerging industry with traditional foundation.

The company has passed ISO9001, ISO14001 management system certification, QS and FSC certification, won the honorary titles of water-saving enterprise in Zhejiang Province and scientific and technological small and medium-sized enterprise in Zhejiang Province, has a number of national invention patents and provincial new products, and participated in the formulation of paper straw group standards as the only papermaking enterprise.