On 16 October 2026, BioStar and Zhejiang Fanchang New Materials Co., Ltd. successfully signed a cooperation agreement, formally establishing a deep strategic partnership at the equity level. Guided by market demand, the two companies will empower each other in both directions — channel resources and manufacturing capability.
Zhejiang Fanchang New Materials Co., Ltd. specialises in the complete plastic-packaging industrial chain, integrating R&D, production and sales, with full manufacturing capability from film blowing to bag making. Located in Xinshi ancient town, Deqing County, Huzhou City, Zhejiang Province, the company covers 30,300 square metres with an annual capacity of 30,000 tonnes. It holds ISO management-system trio certification as well as international biodegradability certifications, and its products are exported to many countries and regions worldwide.
Going forward, the two parties will pool their strengths and complement each other's advantages, continuing to expand their footprint in the new-materials market and joining hands to provide customers with stable, reliable products and services — drawing a new blueprint for the industry's high-quality development together!
Source: BioStar百思达 WeChat official account. Read original (Chinese).