What Fimet does

Fimet (益阳市菲美特新材料有限公司 / Yiyang Fimet New Materials Co., Ltd.) is a privately held Chinese high-tech manufacturer founded in 2015 and headquartered in Yiyang, Hunan Province. The company develops and produces porous foam metal materials — including foam nickel, foam copper, foam iron, and foam iron-nickel alloys — using a proprietary combined chemical and physical plating process on self-designed continuous automated production lines. Its product portfolio spans base materials (foam metals, conductive sponge, conductive fabric) and engineered end-products such as foam metal oil anti-sand pipes for petroleum extraction, high-efficiency nano oil fume purification mesh, hydrogen-production foam iron-nickel alloy electrodes for ALK and AEM electrolyzers, ultra-thin foam copper current collectors for lithium batteries, and lightweight foam composite boards for rail transit.

Fimet operates a B2B industrial sales model, selling directly to enterprise customers including five major Chinese oilfields (Daqing, Yumen, Karamay, Tarim, Shengli), CRRC Group for rail vehicle lightweighting, hydrogen electrolyzer manufacturers, electronics OEMs for EMI shielding, and aluminum smelters. The company holds 16 effective patents and is the only enterprise globally producing its foam metal oil anti-sand pipe product (claimed 100% global market share) and the only Chinese enterprise achieving mass production of foam iron-nickel materials for hydrogen production electrodes. It has been recognized as a Hunan provincial manufacturing single champion product, a 'Little Giant' enterprise, and listed among 872 firms on the 2024 Hunan backdoor IPO reserve list.

Revenue is generated primarily through hardware sales of foam metal materials and engineered components on a quote-based pricing model with no public price disclosure. The company is pursuing aggressive capacity expansion — Phase 2 (200M CNY, launched 2021) targets 1B+ CNY annual output and 400+ employees, with additional multi-billion-CNY industrialization investments announced in 2024 and 2025 to scale new-energy foam metal materials for hydrogen and battery applications. Governance is concentrated: founder Wu Zhonghe serves as Chairman and the company appears to be entirely founder-owned without disclosed PE/VC backing, though a 2024 Broadstream Capital entry appears in the funding record.

Name

Fimet

Legal name

益阳市菲美特新材料有限公司

Website

https://foammetal.cn

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

1–10 employees

Short description

Fimet is a privately held Chinese manufacturer of proprietary porous foam metal materials (foam nickel, copper, iron, iron-nickel) and EMI shielding products, serving oil & gas, green hydrogen, battery, rail transit, and electronics industrial customers via B2B direct sales.

Ownership category

akta.pro rank

Product category

Foam Metal Materials Manufacturing

NAICS

Urethane and Other Foam Product (except Polystyrene) Manufacturing (326150)

SIC

Miscellaneous Fabricated Metal Products (3490)

akta.pro primary industry

Polymer Foams & Cellular Materials (PU Foams, EPS/XPS, Structural Foams) (IMAEANAL)

akta.pro secondary industry

Electroplating & Metallization Chemicals (Cu/Ni/Au plating, additives) (IMAEAKAK)

Keywords

• Foam metal materials
• Porous metal manufacturing
• EMI shielding materials
• Hydrogen electrolyzer electrodes
• Oil sand filtration

Headquarters

HQ city

Yiyang

HQ country

China

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Technology or R&D, Personnel, Operations, Infrastructure

Revenue model

1. Foam Metal Material Sales: Sale of proprietary foam metal materials including foam nickel, foam copper, foam iron, foam iron-nickel and foam metal composite boards. Revenue from filtration, shielding, heat dissipation, catalyst carrier, integrated electronics, vehicle lightweighting, and aerospace applications.
2. EMI Shielding Material Sales: Sale of EMI shielding materials including conductive sponge and conductive fabric for 5G shielding, consumer electronics, and industrial applications.
3. Foam Metal Oil Anti-Sand Filter Sales: Sale of specialized foam metal oil anti-sand filtration products for petroleum extraction, targeting oil/gas well sand control in old oilfields, offshore oilfields, and mud-rich/high-viscosity/fine sand oil/gas layer completion.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

Fimet researches, develops, manufactures, and sells proprietary porous foam metal materials — including foam nickel, foam copper, foam iron, and foam iron-nickel — using a proprietary combined chemical and physical plating process. It also produces EMI shielding materials (conductive sponge and conductive fabric) and specialty products such as foam metal oil anti-sand pipes, hydrogen-production foam iron-nickel electrodes, and nano oil fume purification mesh, serving industrial buyers in oil & gas extraction, electronics, hydrogen energy, rail transit, and aerospace.

Product overview

Fimet是一家专业从事泡沫金属及高强度轻量化复合材料研发、生产与销售的高新技术企业。公司主要产品包括泡沫金属材料系列(泡沫镍、泡沫铜、泡沫铁、泡沫铁镍)及金属屏蔽材料系列(EMI导电海绵、全方位导电海绵、导电布类)。泡沫金属材料具有三维网状多孔结构，孔隙率高达98%，广泛应用于过滤、屏蔽、散热、催化剂载体、新能源电池、车辆轻量化、航空航天等领域。导电屏蔽材料用于电子设备电磁防护。此外还有高效纳米油烟净化网、泡沫金属石油防砂管、制氢用泡沫铁镍合金电极等专用产品。公司产品覆盖从基础泡沫金属材料到终端应用产品的完整产业链。

Differentiator

Problem solved

Functional benefit

Products and services

• Foam Nickel (泡沫镍) Three-dimensional mesh porous foam nickel with high porosity (50%-98%), large surface area, and excellent electrical and thermal conductivity. Used as battery electrodes, catalyst carriers, filtration materials, and heat exchangers.
• Foam Copper (泡沫铜) Porous foam copper material with high thermal and electrical conductivity, porosity 50%-98%, pore size 0.1mm–10mm (5-120ppi). Applied in motor/appliance heat dissipation, electrode materials, catalyst carriers, EMI shielding, and filtration.
• Foam Iron (泡沫铁) High porosity (95%-98%) foam iron material combining metallic and lightweight properties, with high temperature resistance (above 1100°C) and acid/alkali corrosion resistance. Applied as filtration material, sound absorption material, EMI shielding, and vehicle lightweighting.
• Foam Iron-Nickel (泡沫铁镍) Porosity 95%-98% foam iron-nickel alloy material with pore size 0.1mm–10mm, featuring sound absorption, sound insulation, electronic wave shielding, high temperature resistance (above 1100°C), and strong thermal conductivity. Used in hydrogen electrodes, exhaust purification, catalyst carriers, and filtration.
• EMI Conductive Sponge (EMI导电海绵) X-Y-Z axis fully conductive EMI shielding material with shielding performance up to 104dB, low resistance, and high rebound rate. Applied in electronic equipment EMI shielding and ESD protection.
• All-direction Conductive Sponge (全方位导电海绵) All-direction conductive sponge made by depositing nickel, copper, or carbon onto polyurethane sponge substrate using electrochemical methods; surface resistance ≤1Ω/sq, shielding efficiency 85-95dB. Used in laptops, tablets, smartphones, medical, automotive, and military applications.
• Conductive Fabric (导电布) EMI shielding material of copper or nickel plated onto polyester fiber fabric with good electrical and thermal conductivity. Used in mobile electronic devices, smart home devices, and military confidential equipment.
• Copper-Nickel Fabric (铜镍布) Composite fabric of polyester, copper, and nickel with surface resistance ≤0.07 Ω/sq and average attenuation ≥55dB at 10MHz-3GHz. Used for RF/EMI/EMF shielding, grounding, anti-static clothing, and radiation shielding.
• EMC Conductive Fabric (EMC导电布) Nickel-copper metal layer plated on flat woven polyester fiber base, thickness 0.08mm, 100MHz-3GHz shielding performance 70dB. Used for EMI/EMC shielding gaskets, anti-static, and grounding.
• High-efficiency Nano Oil Fume Purification Mesh (高效纳米油烟净化网) Front-interception oil fume purification product with over 93% interception rate, featuring non-powered operation, affordability, long service life, and A1 fire rating. Enables restaurant kitchens to achieve normalized compliance emissions.
• Hydrogen Production Foam Iron-Nickel Alloy (制氢用泡沫铁镍合金) Foam iron-nickel alloy electrode material for water electrolysis hydrogen production with pore size 20-450μm, porosity above 98%, large surface area, and high catalytic activity. Usable in ALK and AEM electrolyzers, with DC energy consumption as low as 4.0-4.3 kWh/Nm³.
• Roll-type Ultra-thin Foam Copper Three-dimensional Current Collector (卷式超薄泡沫铜三维集流体铜) Ultra-thin porous foam copper used in lithium battery anodes as both active material carrier and electron collection/conduction body. Large surface area, increases battery energy density, and mitigates anode material/current collector separation issues.
• Foam Metal Oil-sand Prevention Pipe (泡沫金属石油防砂管) Foam metal oil and gas sand-prevention filtration material with customizable thickness and pore diameter. Extends service life 2-3x, increases oil output 20%-30%, and reduces sand content 70%-80% versus traditional methods. Claimed 100% global market share.
• Lightweight Foam Iron-Nickel (轻量化泡沫铁镍) Lightweight structural material with strength, ductility, and processability, usable as aircraft sandwich cores and heat-transfer support structures. Applied in aerospace, missile industry, and building lightweight components.
• Foam Copper Heat Exchanger (泡沫铜热交换器) Foam copper heat exchange material with heat transfer coefficient >6w/(m²K), porosity 60-98%, through-hole rate ≥98%. Applied as heat dissipation material, heat absorption material, EMI shielding material, filtration material, and flame-retardant material.
• Photocatalyst Foam Nickel (光触媒泡沫镍) Photocatalyst material using foam nickel as carrier, loaded with nano TiO2, with porosity up to 97%. Features excellent air permeability, flexibility, and mechanical strength. Used for air purification and photocatalytic degradation of organic pollutants.
• Foam Iron-Nickel for Aluminum Molten Metal Filter (泡沫铁镍用于铝水过滤器) Foam iron-nickel filter for foundry industry molten metal filtration with uniform pores, high porosity, high temperature resistance (720-750°C), and good thermal shock resistance. Applied in automotive wheel hubs, motorcycle wheel hubs, and piston casting filtration.

Quantifiable outcome

• Service life of oil anti-sand products extended 2-3x compared to traditional materials
• +6 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Hunan Metallurgical Materials Research Institute (湖南省冶金材料研究院)coreStrategic or Co-development PartnerEstablished joint R&D collaboration with Hunan Metallurgical Materials Research Institute as part of the company's industry-university-research cooperation alliance.
• Central South University (中南大学)coreStrategic or Co-development PartnerUniversity research partnership for foam metal material development and characterization. Part of the company's broader产学研 cooperation alliance.
• Hunan City University (湖南城市学院)coreStrategic or Co-development PartnerAcademic partnership for material science research and development. Part of the company's industry-university-research cooperation alliance.
• CRRC Group (中国中车集团)coreStrategic or Co-development PartnerJoint establishment of Hunan Provincial Vehicle Lightweighting Laboratory with CRRC Group. Foam metal composite materials have been applied in EMU train floor and partition panels. Wu Zhonghe mentioned that Party Secretary Qu Hai helped introduce the company into rail transit sector.
• Hunan Provincial Vehicle Lightweighting Laboratory (湖南省车辆轻量化实验室)coreStrategic or Co-development PartnerJointly established with CRRC and other partners to develop foam metal composite materials for vehicle lightweighting applications.
• Hunan Provincial Electromagnetic Shielding Functional Materials Laboratory (湖南省电磁屏蔽功能材料实验室)coreStrategic or Co-development PartnerProvincial-level joint laboratory for developing EMI shielding functional materials using foam metal technologies.
• Fimetal (菲美特) - manufacturing equipment supplierminorOthersFimetal mentioned as manufacturing equipment supplier for the Dike Wave Energy (Dikwe) project in France - manufacturing equipment for wave energy breakwater demonstrator.

Scale indicators7 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Mott Corporation: US manufacturer of porous metal filtration media and components using sintered and fiber-metal technologies; serves oil & gas, chemical processing, and energy customers. Closely comparable to Fimet's foam-metal filtration and oil anti-sand pipe business.
• Ultramet: US advanced-materials company specializing in porous/rigid foam metals and ceramics via CVD and chemical processes for aerospace, energy, and catalysis; closely analogous technology base to Fimet's plating-based foam metal.
• Alantum: Korea/Germany-headquartered manufacturer of foam metal (metal felt) materials, especially for fuel-cell and hydrogen-production electrodes. The closest direct comparable to Fimet's foam iron-nickel hydrogen electrode line and other porous-metal offerings.
• ERG Materials Science (Duocel): US-based pioneer of reticulated (Duocel) foam metals made via investment casting and CVD processes; supplies porous-metal media for filtration, hydrogen, and aerospace. Comparable to Fimet as a specialized porous-metal materials platform with proprietary manufacturing IP.
• Porvair: UK-listed filtration and specialty porous-metal/materials company serving aerospace, energy, and industrial markets with metal and ceramic foam filter media. Comparable as a multi-application foam-metal specialist competing for similar downstream customers.

Broad incumbents

• Bekaert: Belgium-headquartered global leader in steel wire, drawn steel, and metal fiber (fiber-FeFoam/Dracmet) products used in filtration, hydrogen, and catalysis. Broad incumbent with overlapping foam/fiber-metal product lines and much larger scale.
• Parker Hannifin (Chomerics division): Global motion and control major whose Chomerics division supplies EMI shielding, conductive elastomers, and thermal materials for electronics, defense and aerospace. Comparable to Fimet's EMI shielding sponge, conductive fabric, and conductive foam lines.
• Laird Thermal / Boyd Corporation: Global thermal management and EMI shielding materials supplier for electronics, telecom and EV battery applications. Overlaps Fimet's conductive sponge and thermal foam-metal product portfolio but serves a broader customer set.
• Sumitomo Electric Industries: Japanese diversified materials and industrial company producing porous/fiber metal products for hydrogen, fuel cells, and EMI applications. Similar end-market exposure to Fimet's hydrogen-electrode and foam-metal businesses but at far larger scale.
• Höganäs: Swedish world leader in iron and metal powders for powder metallurgy and metal-additive/foam applications, including electromagnetic and induction heating/EMI components. Comparable as a large, established porous-metal materials supplier with hydrogen and shielding adjacencies.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Fimet