浙江福莱新材料股份有限公司

What 浙江福莱新材料股份有限公司 does

Zhejiang Fulai New Materials Co., Ltd. (605488.SH) is a Chinese publicly listed specialty materials manufacturer founded in June 2009 and headquartered in Jiashan County, Jiaxing City, Zhejiang Province. The company operates six business divisions built around functional coating and laminating composite materials technology: advertising inkjet printing materials, label and identification printing materials, electronics-grade functional films, home decoration materials, environmental packaging materials, and flexible tactile sensors. Core technology platforms span polymer material polymerization, coating formulation optimization, functional structure design, and precision micro-nano coating. The company employs approximately 1,400 people, operates a ~600 mu (~400,000 sqm) production base in Jiashan, and has expanded to a Shandong base with Phase I BOPP capacity of ~100,000 tons/year.

The company's revenue model is B2B direct sales organized by business division, with wholly-owned sales offices in Shanghai, Beijing, Wuhan, Shenzhen, and Chongqing serving domestic customers, and export channels reaching Southeast Asia, South Asia, Middle East, Europe, the Americas, South America, Australia, and Africa. The company sells to customers across daily chemicals, food and beverage, logistics, consumer electronics (OLED, 5G, wireless charging), retail/exhibition advertising, and an emerging robotics and intelligent sensing customer base. Strategic relationships include Avery Dennison (2020 Global Best Supplier Award recipient), Dow Company, Zhejiang Tsinghua Flexible Electronics Research Institute, Zhaowei Electromechanical, and Tom Cat/Fengda Technology. Pricing is contract-based and not publicly disclosed.

The company's R&D position is anchored by 115 authorized patents (41 invention patents), 5 national standards co-authored, 7 industry standards co-authored, and a national postdoctoral workstation with 11 postdocs collaborating with Southeast University, the Chinese Academy of Sciences, Shanghai Jiao Tong University, and Zhejiang University. Recent strategic activity has concentrated on commercializing flexible resistive tactile sensors (aligned with Tesla's approach) for humanoid robotics, smart wearables, industrial inspection, and intelligent healthcare, including the December 2025 launch of a third-generation '芯感一体' (Core-Sense Integration) sensor. The company is recognized as a National-level Specialized and Innovative 'Little Giant' Enterprise (MIIT, 2023), a 2025 Zhejiang Green Factory, and a recipient of provincial science and technology progress awards.

Name

浙江福莱新材料股份有限公司

Legal name

浙江福莱新材料股份有限公司

Website

https://zjfly.com

Company type

Public

Founded year

2009

Operating status

Operating

Headcount range

1–10 employees

Short description

Zhejiang Fulai New Materials (605488.SH) is a Chinese publicly listed specialty materials manufacturer producing functional coating and laminating composites across six divisions — advertising, labels, electronics films, home decoration, sustainable packaging, and flexible tactile sensors — serving B2B customers in FMCG packaging, consumer electronics, advertising, and an emerging humanoid robotics vertical.

Ownership category

akta.pro rank

Product category

Functional Coating Composite Materials

NAICS

Paint and Coating Manufacturing (325510), Paint, Coating, and Adhesive Manufacturing (3255), Adhesive Manufacturing (32552), Plastics Packaging Film and Sheet (including Laminated) Manufacturing (326112)

SIC

Paints, Varnishes, Lacquers, Enamels & Allied Prods (2851), Miscellaneous Chemical Products (2890)

akta.pro primary industry

Label Stock, Inks, Coatings & Laminates (Materials Supply) (IMALAKAL)

akta.pro secondary industries

Packaging & Can Coatings (IMAEAGAF), Industrial & Protective Coatings (IMAEAGAB), Sustainable Labels, Adhesives & Inks (Wash-Off Labels, De-inkable Inks, Low-VOC) (IMALAMAJ), Coating & Adhesive Raw Materials (Resins, Additives, Solvents) (IMAEAGAK), Colored, Art & Premium Paper Manufacturing (IMAMAEAG)

Keywords

• Functional coating materials
• Label face stock films
• Flexible tactile sensors
• Water-based packaging materials
• Precision coating films

Headquarters

HQ city

Jiashan County, Jiaxing City

HQ country

China

HQ region

Asia

Offices9 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Functional Coating Composite Materials Sales: The company's primary revenue stream from manufacturing and selling functional coating and laminating materials across six business divisions: advertising inkjet printing materials, label and identification printing materials, electronics-grade functional materials, home decoration materials, environmental packaging materials, and flexible sensors. The company sells directly to customers domestically and exports globally.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

Zhejiang Fulai New Materials Co., Ltd. manufactures and sells functional coating and laminating composite materials across six business divisions: advertising inkjet printing materials, label and identification printing materials, electronics-grade functional materials (Ouren New Materials subsidiary), home decoration materials, environmental/sustainable packaging materials, and flexible tactile sensors. The company operates an integrated production model spanning polymer material polymerization, coating formulation optimization, functional structure design, and precision micro-nano coating, serving advertising, packaging, consumer electronics, food/beverage, and robotics customers globally.

Product overview

浙江福莱新材料股份有限公司 is a multi-business functional coating composite materials enterprise with six main product divisions. The company operates: (1) Graphic Inkjet Printing Materials (advertising materials with sub-brands like Fulaixente, Fuda, Ouli Digital); (2) Label and Identification Printing Materials (label face stocks); (3) Electronics-grade Functional Materials under the Ouren New Materials subsidiary (ultra-thin tapes, protective films); (4) Home Decoration Materials (six series including inkjet printing, lamination, privacy protection); (5) Sustainable Packaging Materials (water-based coated paper products for food packaging, replacing traditional PE); and (6) Flexible Sensors (emerging high-tech line for robotics and healthcare). The company also has a strategic subsidiary Yantai Fouley focusing on BOPP film materials production.

Differentiator

Problem solved

Functional benefit

Brands

• 福莱森特 (Fulaixente): Brand for advertising inkjet printing materials
• 福达 (Fuda)
• 欧丽数码 (Ouli Digital)
• 福莱恒鑫 (Fulai Hengxin)
• 美神 (Meishen)
• 高精度 (Gaojing)
• 欧仁新材 (Ouren New Materials)
• 福莱贴新 (Fulai Tiexin)
• 福莱国际 (Fulai Global)

Products and services

• Advertising Inkjet Printing Materials Environmental-friendly inkjet printing materials including self-adhesive PP, lamp films, vehicle body stickers, laminating films, and display stands, marketed under sub-brands Fulaixente, Fuda, Ouli Digital, Fulai Hengxin, Meishen, and Gaojing for indoor/outdoor advertising in malls, exhibitions, and public transit hubs.
• Label and Identification Printing Materials Functional coating composite label face stock materials with series including basic films, metallized films, HP Indigo, UV inkjet, water-based inkjet, and direct thermal films, for daily chemicals, food, beverage, logistics, and digital printing applications.
• Electronics-grade Functional Materials (Ouren New Materials) Multi-functional coated composite film materials with eight product series including ultra-thin tapes, PET double-sided tapes, PE foam tapes, mesh tapes, silicone/acrylic/PU protective films, release films, and UV adhesion reduction tapes for consumer electronics, OLED, 5G smartphones, and wireless charging.
• Home Decoration Materials Six-series decorative materials including inkjet printing films, lamination decoration, privacy protection, home improvement protection, furniture decoration, and digital heat transfer products for decorative paintings, imaging, home decoration, and digital printing industries.
• Environmental Packaging Materials Sustainable recyclable paper-based packaging materials including water-based coated food packaging container paper, fluorine-free oil-proof paper, heat-seal paper, and moisture-barrier paper, replacing traditional PE coated paper for environmental protection and carbon neutrality goals.
• Flexible Tactile Sensors Resistive-type high-tech flexible tactile sensors and multi-modal perception systems for robot tactile sensing and electronic skin, industrial inspection, smart wearables, and intelligent healthcare applications; targets humanoid robot manufacturers and smart device makers.
• Yantai Fouley BOPP Functional Original Film Materials New functional original film materials (BOPP) manufactured by wholly-owned subsidiary Yantai Fouley New Materials Co., Ltd., providing upstream film materials to support the company's coating composite product lines.

Quantifiable outcome

• In flexible sensors, the company has obtained 10 invention patents with more than 10 patents still in application, positioning it relatively ahead in the industry.
• +3 more outcomes

Named customers3 records

Segments6 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature5 records

Partnerships

Six partnerships are on record, tiered minor and core.

• Tom Cat (汤姆猫) and Fengda Technology (奋达科技)minorStrategic or Co-development Partner · 23 July 2025Fulai New Materials partnered with Tom Cat and Fengda Technology to jointly explore the AI companion robot market. The collaboration leverages Fulai's flexible sensor technology with Tom Cat's AI character IP and Fengda Technology's hardware capabilities to develop AI-powered companion robots with tactile sensing capabilities.
• Zhaowei Electromechanical (兆威机电)coreTechnology or Integration · 7 July 2025Strategic partnership with Zhaowei Electromechanical for Fulai's sensing systems to empower the next generation of dexterous hands. Fulai provides its flexible sensor and multi-modal perception technology integrated into Zhaowei's precision electromechanical components for robotic applications.
• Zhejiang Tsinghua Flexible Electronics Technology Research Institute (浙江清华柔性电子技术研究院)coreStrategic or Co-development Partner · 1 June 2025Joint establishment of the Intelligent Sensing Joint Laboratory between Fulai New Materials and the Zhejiang Tsinghua Flexible Electronics Technology Research Institute. The collaboration aims to promote industry-academia-research integration in flexible sensing technology, combining Fulai's industrial capabilities with the institute's academic research strengths to accelerate the development and application of intelligent sensing technology.
• Dow Company (陶氏公司)coreStrategic or Co-development Partner · 7 November 2023Strategic cooperation announced on November 7, 2023 between Fulai New Materials and Dow Company focusing on 'green environmental protection and low-carbon emission' to jointly promote the low-carbon development of advertising materials. The cooperation aims to improve the environmental performance of advertising materials, reduce carbon emissions in the production process through technological innovation and experience sharing, contributing to the sustainable development of the advertising industry.
• Nanwang Technology (南王科技)coreStrategic or Co-development Partner · 6 November 2023Trilateral strategic cooperation memorandum signed November 6, 2023 between Fulai New Materials, Dow Company, and Nanwang Technology for in-depth cooperation in the field of environmentally friendly packaging materials. The three parties focus on coated paper and paperboard applications, leveraging Dow's leading role in materials, Fulai's expertise in paper coating, and Nanwang Technology's understanding of end-demand for packaging materials, to establish a comprehensive industrial chain and promote sustainable development of paper product applications.
• Southeast University, Chinese Academy of Sciences Metal Research Institute, Shanghai Jiao Tong University, Zhejiang UniversitycoreStrategic or Co-development PartnerThe company's national postdoctoral workstation cooperates with these leading universities and research institutes for postdoctoral talent recruitment, training, and industry-university-research collaboration. A joint postdoctoral training program with Shanghai Jiao Tong University has been established.

Scale indicators12 records

Recent moves8 records

Expansion highlights5 records

Emerging players

• Pressure Profile Systems (PPS): Specialist manufacturer of capacitive tactile sensors and pressure mapping systems. Comparable emerging player in the flexible/resistive tactile sensor space for robotics and medical applications, where Fulai is investing via patent development and the US subsidiary.

Direct peers

• Lintec Corporation: Japanese manufacturer of adhesive papers and films, specialty papers, and release-coated films. Direct competitor to Fulai in label face stock and adhesive-coated films for industrial and packaging applications.
• Avery Dennison: Global leader in label face stock and pressure-sensitive materials. Fulai supplies into Avery's supply chain (Avery Global Best Supplier Award 2020) and competes in the same functional coating label face stock, inkjet, and digital printing material categories globally.
• UPM Raflatac: Global supplier of self-adhesive label materials with strong sustainability portfolio. Comparable to Fulai's label materials division and increasingly to its environmental packaging water-based paper offerings.
• CCL Industries: World's largest specialty label company, with extensive label face stock and functional coating capabilities. Direct comparable to Fulai's label and identification printing materials division across daily chemical, food, beverage, and logistics end markets.
• Tesa SE: Beiersdorf-owned specialty tape and adhesive film manufacturer. Direct comparable in electronics-grade protective films, double-sided tapes, and precision coating materials for consumer electronics and automotive applications.
• Tekscan: US-based leader in thin-film tactile and pressure sensing technology. Closest direct competitor in Fulai's flexible tactile sensor business for robotics, industrial inspection, and wearable healthcare applications.

Broad incumbents

• 3M: Multinational conglomerate with industrial tape, adhesion, and electronics materials divisions. Competes with Fulai's Ouren New Materials electronics-grade films and ultra-thin tapes; jointly developed China's 'Ultra-thin Pressure-sensitive Adhesive Tape' industry standard with Fulai.
• Nitto Denko: Japanese diversified materials maker with strong positions in industrial tapes, protective films, and flexible electronics. Direct competitor in electronics-grade functional films and an emerging competitor in flexible sensors.

Regional players

• Yongyu Paper Industry: Major Chinese paper-based packaging and label stock manufacturer. Domestic Chinese competitor in label face stock and an emerging competitor in water-based coated food packaging paper that targets Fulai's environmental packaging division.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/zjfly

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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 →

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