Bofay Asset Profile

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Year established

2007

Location

Haining Zhejiang China

Primary Industry

Materials

About

Established in 2007 and based in Haining, China, Bofay is a materials company that focuses on the development, production and sales of polymer composite materials for electric motors, generators, transformers and other electrical insulation materials. The company has two production bases in Haining and Zhuzhou, and has 27 invention patents and 21 utility model patents, and has passed ISO9001, IATF16949, ISO14001 and ISO45001 management system certification as of 2022. Addition, it has partnerships with Zhejiang University, Zhejiang University of Technology, Harbin University of Technology and Hangzhou Normal University. The company's main business is the research and development of insulation materials for the electric motor, generator and transformer industries. The company's self-developed products include insulating resins, high-strength slotted wedges, insulating sleeves, tying wires/ropes/bands, mica products, composite materials, thermally expanded materials and other types of insulating materials. Their products are used in the field of rail transportation, wind power generation, hydropower, nuclear power, defense, industrial motors and new energy vehicles.

Current Investors

CRRC Capital Management, Mild Capital, Hangzhou Shangyan Keling Private Equity Fund Management

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Primary Industry

Materials

Sub Industries

Rubber & Plastics, Advanced Materials

Website

www.bofay.com.cn

Company Stage

Mature

Total Amount Raised

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