A Zhejiang Christmas-Lights Maker Breaks the West’s Decades-Long Monopoly on Deep-Sea Buoyancy Materials

Taizhou Zhongfu New Materials, a Zhejiang company founded by a former Christmas lights exporter, has cracked the Western monopoly on high-performance deep-sea solid buoyancy materials after a decade of R&D and over 200 million yuan in investment. Its products now hold more than 30% of the domestic market.

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