June 24, 2025 – Xiamen Jinbang Launches Major LED Material Production Base in Zhejiang
AsiaMB Exclusive – Xiamen Jinbang Holdings has begun construction on a ¥230 million engineering plastics facility in Qintang Township, Zhejiang Province, marking a strategic expansion into LED lighting materials. The project will establish crucial upstream supply capabilities for China’s growing optoelectronics industry.
Spanning 45 mu (approximately 3 hectares), the development will be implemented in two phases. The first phase, scheduled for completion by May 2026, includes a 12,000-square-meter production building housing three advanced compounding lines. These 65-series systems incorporate high-speed mixers, injection molding machines, and specialized pelletizing equipment for manufacturing precision optical-grade compounds.
Phase two, commencing June 2026, will add 40,000 square meters of supporting facilities to create a complete industrial cluster. When fully operational, the complex will produce 15,000 metric tons annually of specialized polymers for LED applications, generating estimated annual revenue of ¥150 million.
“This investment addresses critical supply chain needs for regional LED manufacturers,” a Jinbang spokesperson told AsiaMB. “Our location strategy can reduce logistics costs by 15% for nearby optoelectronics companies, potentially saving local enterprises over ¥10 million yearly.”
The project currently progresses through site preparation, with structural work on the first production building imminent. Industry analysts note the timing aligns with China’s accelerated adoption of energy-efficient lighting solutions, creating strong demand for high-performance LED-compatible materials.
For color masterbatch producers, Jinbang’s venture signals growing opportunities in optical applications requiring precise light diffusion and color stability. The facility’s output will support various LED components including housings, lenses, and light guides – all applications where specialized additives and colorants play crucial roles.
This development strengthens China’s position in the global LED materials market while demonstrating how strategic infrastructure investments can optimize regional industrial ecosystems. The project’s focus on modified engineering plastics reflects broader industry shifts toward performance-optimized materials for next-generation lighting solutions.