Under the guidance of the "Plastic Restriction Order", the application of pulp molding in my country presents four major characteristics: broad application fields, high degree of digitization, product design standards, and advanced production equipment/techniques, and the market prospect is broad. To this end, Jietli Environmental Protection, a well-known domestic pulp molding and green packaging company, signed a "Strategic Cooperation Agreement" with Dashengda, a listed company, to jointly invest in the establishment of Hainan Dashengda Environmental Protection Technology Co., Ltd. According to the "Strategic Cooperation Agreement", Dashengda will increase the capital of 30 million yuan to Jietli Environmental Protection to jointly develop the Hainan project.

      According to Dashengda's announcement, it plans to invest in the construction of the "Intelligent R&D and Production Base Project of Pulp Molded Environmentally Friendly Tableware" in Haikou National High-tech Zone through the newly established company Hainan Dashengda Environmental Protection Technology Co., Ltd., with a total investment of RMB 500 million.

      The Hainan base mainly produces pulp molded environmentally friendly tableware, using sugarcane pulp, bamboo pulp, etc. as raw materials. The early products are mainly for overseas markets, and the domestic market demand is released strongly. "Currently, the European and American markets are in a state of short supply. Considering the future domestic demand, the industry urgently needs to increase the quantity in order to achieve the effect of substitution." In the future, the supply of products will increase in both quantity and quality to meet the growing domestic and foreign market demand.

      Su Binglong, chairman of Giteli Environmental Protection, said that pulp molded products are widely recognized by the market as a substitute for plastics and foam products because of their green environmental protection, full degradability and strong functional properties. With the gradual release of the demand for "replacing plastics with paper", subdivided fields such as pulp molding have attracted various capital layouts and become the next outlet in the paper industry chain. In the future, Giteli Environmental Protection will cooperate with the listed company Dashengda to develop the pulp molding market, and jointly contribute to the transformation and upgrading of my country's pulp molding and green packaging industry.