Since 2020, the company has ushered in a new round of development, focusing on the Yangtze River Delta, and Hangzhou Bay Shangyu economic and Technological Development Zone is located in the center of the major urban agglomeration in the Yangtze River Delta, with superior geographical conditions; At the same time, the economic development zone has many innovation platforms and national development parks.

Based on such investment opportunities, Zhejiang Bayi Space Advanced Materials Co., Ltd. came into being in February 2021. With a registered capital of 460million, the company is located at No. 88, Kangyang Avenue, Shangyu District, Shaoxing City, a famous city in the south of the Yangtze River. It is a wholly-owned subsidiary of Beijing Bayi Space LCD Technology Co., Ltd. Immediately, it began to plan to build the Bayi Space Zhejiang Shangyu electronic material base project. The company obtained 268 mu of project construction land, with a total planned investment of 1.68 billion yuan. The total construction area of new R & D buildings, test centers, office buildings, production workshops, warehouses, three waste treatment and other types of buildings is about 150000 square meters. Adopt the advanced technology independently developed by the enterprise to realize the green production of new electronic materials such as liquid crystal materials, OLED materials, polyimide (MPI, etc.) pastes, photoresist for flat panel display, semiconductor photoresist, etc.

The project  is a key investment attraction and introduction project in Shangyu, and has been included in the key management projects of provinces, cities and counties. After the completion of the new product production line, the company will absorb, introduce and add all kinds of high and intermediate technical talents on the original basis.

At present, the first phase of the project has been started as planned. Zhejiang Bayi Space adheres to the group's corporate spirit of "Be a responsible person,Dare to take responsibility, Be capable of outstanding achievements
", and cherishes the opportunities given by the times. It takes construction as the center, speeds up the pace, seizes the day, pays close attention to the project construction, pays close attention to both production and safety, and strives to complete the project in advance to create a high-quality and high-level first-class project. After the project is put into use, it will undoubtedly help Bayi Space enter the ranks of world-class electronic material platform enterprises as soon as possible.

Address：Intersection of Zhenxing Avenue and Jingang Road, Hangzhou Bay Economic and Technological Development Zone, Shangyu District, Shaoxing City, Zhejiang Province