Jiangsu Mige New Materials Co., Ltd. was established on March 13, 2019, located at No. 17 Chengzihu West Road, Sihong County Economic Development Zone, Suqian City. It is a professional enterprise engaged in the research and development, production, and sales of functional carbon based materials and products, with a registered capital of 96.576921 million yuan. The company was restructured into a limited liability company on November 22, 2022, and was jointly rated as a "high-tech enterprise" by the Jiangsu Provincial Department of Science and Technology, the Jiangsu Provincial Department of Finance, and the Jiangsu Provincial Taxation Bureau of the State Administration of Taxation on December 12, 2022.