Introduction
Hunan Xinjiyuan New Material Technology Co., Ltd. (湖南省新基源新材料科技有限公司) is a Chinese plastics-recycling and materials-conversion company based in Miluo, Hunan, within the Miluo Circular Economy Industrial Park. The company focuses on the recovery, processing, modification, and application of post-consumer recycled (PCR) plastics, supplying recycled pellets and modified materials for downstream plastics manufacturing, including injection-moulded products and automotive-related applications.
Founded in 2017, the company has positioned itself as a regional example of plastics-industry upgrading through circular-economy processing, combining waste-plastic collection, washing, sorting, granulation, compounding, and injection moulding in an integrated production model. Public sources describe it as a high-technology enterprise and a specialized small and medium-sized firm in Hunan, with a business profile centered on recycled plastics and value-added material development.
The company’s industrial significance lies in its scale within central-southern China’s recycled-plastics sector. Local government reporting identifies it as a major recycled-plastics granulation enterprise in the region, while regulatory filings show a production system built around multiple washing, sorting, extrusion, and moulding lines for a broad range of polymer feedstocks such as PP, PE, PVC, ABS, PS, PET, AS, PC, and PA.
History and Development
The company was established on 30 November 2017 in Miluo, Hunan, and was later listed in Hunan’s science-and-technology enterprise notices as a technology-oriented small and medium-sized firm.
A first major development milestone was the launch of its initial production base in the Miluo Circular Economy Industrial Park. Local government reporting states that the first phase involved 1.5 billion yuan in fixed investment, covered 52 mu of land, and was designed with an annual capacity of 150,000 tonnes of modified recycled plastic pellets, together with advanced waste-gas and wastewater treatment systems.
A second milestone was the company’s expansion planning into downstream plastics manufacturing. Environmental review materials describe a broader project featuring 8 tonnes of recycled pellets, 9 tonnes of modified pellets, and 2 tonnes of plastic products in an annualized project scope, with multiple production lines for washing, granulation, and injection moulding. Separate local reporting also described a planned second phase for automotive parts injection moulding, indicating a move beyond resin recovery toward higher-value application processing.
A third milestone has been the company’s continuing technology and intellectual-property development. Industry reporting and later public disclosures indicate an expanding patent portfolio, including patents related to foam polypropylene composites, aging-resistant polypropylene recyclate, and other polypropylene material formulations, suggesting ongoing work in material performance enhancement rather than only basic recycling.
Business Operations and Segments
The company’s business model is built around three closely linked segments:
- Recycled plastics recovery and processing, including collection, sorting, cleaning, shredding, and pelletizing of PCR feedstock.
- Modified recycled materials, where additives such as antioxidants and stabilizers are used to improve performance for industrial re-use.
- Plastics product manufacturing, including injection-moulded products based on internally produced modified pellets.
According to environmental filings, the production system includes 10 washing/sorting lines, 16 recycled granulation lines, 14 modified granulation lines, and 30 injection-moulding lines. That configuration indicates a vertically integrated process chain spanning waste preparation through finished plastics products.
Public business directories and supplier platforms describe the company as a manufacturer of eco-friendly recycled PP granules, modified recycled plastics, and related polymer grades, with sales activity extending to domestic and export-oriented channels.
Products and Technologies
The company’s core product families are associated with recycled thermoplastics, especially polypropylene (PP)** and related modified compounds. Public listings and product pages also reference **ABS and other recycled-polymer categories, indicating a product range broad enough to serve multiple moulding and compounding applications.
Key technical capabilities include:
- Washing and sorting of mixed post-consumer plastics before reprocessing.
- Hot-melt extrusion and pelletizing for recycled resin production.
- Compounding and modification, using stabilizers and other additives to improve flow, appearance, odor performance, and end-use durability.
- Injection moulding for converting recycled compounds into finished products.
The company’s technology profile suggests a focus on performance-grade recycled materials, not only commodity recyclate. Supplier listings reference products such as low-odor recycled PP granules, modified recycled PP, and grades marketed for regulated or quality-sensitive uses, including automotive-related supply chains.
Its patent activity reinforces that positioning. Reported inventions include an aging-resistant polypropylene recyclate, a scratch-resistant PP material, a low-temperature, high-toughness polypropylene composition, and a foamed polypropylene composite, all of which point to ongoing work in improving recyclate applicability in demanding applications.
Applications and End Markets
The company’s materials appear to serve several downstream sectors:
- Automotive parts and components, particularly through modified pellets and injection-moulded material supply.
- Consumer and industrial plastic products, including moulded goods made from recycled compounds.
- Packaging and container-related applications, inferred from recycled PP and mixed-polymer recovery streams and from company references to food-container recycling projects.
- General plastics processing, where recycled resin is used as a feedstock for moulding and compounding.
Local government coverage identified the company as an important supplier of modified base materials for automotive parts, linking its output to the industrial upgrading of Miluo’s plastics sector and to regional “waste-free city” initiatives.
Global Presence and Market Position
Although the company is regionally focused, it presents itself as a supplier with broader commercial reach. Chinaplas exhibitor data lists the company as a plastics and rubber supplier, with a founding year of 2017, 50–100 employees, one global office, and annual sales revenue above 50 million yuan.
Supplier-platform profiles also indicate export-facing activity and verified manufacturing capacity, including a reported factory area of around 17,000 m² and annual online revenue in the million-dollar range. These listings suggest a company that operates as a mid-sized specialist rather than a mass-market resin producer.
Within China’s plastics ecosystem, the company is best understood as a circular-economy materials processor: it collects waste plastics, upgrades them into reusable resins, and supplies higher-value modified compounds to downstream processors. Local officials have described it as a model for transformation and upgrading in Miluo’s plastics industry.
Sustainability and Environmental Initiatives
Sustainability is central to the company’s positioning. Its core activity is the recycling of post-consumer plastics, which directly supports resource recovery and reduced dependence on virgin polymer feedstock.
Environmental filings show that the company has invested in waste-gas and wastewater treatment equipment as part of its first-phase buildout, indicating that pollution control was designed into the production system.
The company also operates in the policy context of China’s circular-economy and “waste-free city” initiatives. Local government coverage explicitly links its processing of waste plastics into automotive-grade base materials with regional efforts to improve waste utilization and industrial upgrading.
A further sustainability signal is the reported ISO 14067 certification profile on third-party supplier platforms, which relates to product carbon-footprint management. Those same listings also reference broader management-system certifications, including ISO 9001, ISO 14001, GRS, IATF 16949, and ISO 45001, although certification claims on commercial platforms should be interpreted as supplier-reported unless independently verified in filings.
Financial Performance and Economic Impact
Public sources describe a planned total investment of 500 million yuan for the project site, with later phase investment and production expansion intended to increase output and local tax contribution. Local government reporting projected annual output value of around 200 million yuan, fiscal contribution of 30 million yuan, and more than 200 jobs when fully completed and operating at capacity.
The company therefore appears to have a meaningful local economic role in Miluo and the broader Yueyang area, particularly through industrial employment, recycling-network development, and the conversion of waste streams into saleable industrial materials.
Leadership and Corporate Governance
Public business databases identify Meng Hongliang as the company’s legal representative. The company’s registered capital is reported as 30 million yuan, and its registered address is in the Miluo Circular Economy Industrial Park at the junction of G536 and Meijiang Road.
The company’s governance profile is typical of a privately held industrial manufacturer: a focused executive structure, site-based manufacturing operations, and a product strategy centered on technical materials rather than broad consumer branding.
Innovations and Future Outlook
The company’s future development appears to be shaped by three trends in the plastics industry:
- Higher-quality recycled materials, especially for applications that require consistent mechanical performance and low odor.
- Automotive and industrial substitution, where modified PCR compounds can replace virgin resins in selected components.
- Smart and compliant manufacturing, as reflected in Hunan’s recognition of the company’s intelligent-factory direction and in its expanding certification and patent base.
Hunan provincial reporting in 2026 listed the company among the province’s advanced intelligent-factory projects as “Hunan Xinjiyuan Waste Plastic High-Value Recycling Intelligent Factory,” indicating that public authorities see the company as part of the next stage of high-value recycling and digitalized manufacturing.
At the same time, the company’s expansion path will likely depend on stable waste-plastic supply, product-consistency control, and continued investment in material performance, environmental systems, and downstream customer qualification. Those factors are especially important in recycled polymers, where commercial competitiveness depends on both feedstock security and uniformity of final material properties.
Summary
Hunan Xinjiyuan New Material Technology Co., Ltd. is a Hunan-based recycled-plastics and modified-materials manufacturer built around PCR recovery, compounding, and injection moulding. Its role in the plastics industry is best understood through its contribution to circular-economy processing, its regional manufacturing scale, and its move toward higher-value recycled materials for industrial and automotive uses.
References
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CPS+ eMarketplace. (n.d.). HUNAN XINJIYUAN NEW MATERIAL TECHNOLOGY CO., LTDHUNAN XINJIYUAN NEW MATERIAL TECHNOLOGY CO., LTD. CPS+ eMarketplace. https://www.chinaplasonline.com/eMarketplace/ExhibitorInfo?CompId=1000604Link