Wanhua Chemical, Oriental Cable, and other companies founded Yantai Wanhua Electric New Materials Company.

According to the Qichacha app, Yantai Wanhua Electric New Materials Co., Ltd. was recently established with a registered capital of 1.1 billion yuan. Its business scope includes new material technology promotion services, synthetic material manufacturing, and synthetic material sales. Equity penetration data from Qichacha shows that the company is jointly held by Wanhua Chemical and Oriental Cable.