Wanma Corporation: After the production of the Wanma Polymer Ultra-high Pressure Insulation Material Phase III Project, the total annual production capacity will reach 60,000 tons.

On July 4, Wanma Group stated during a institutional research that after the completion of the third phase of the Wanma High Polymer Ultra-high Voltage Insulation Material project, the total annual production capacity will reach 60,000 tons. Major competitors in the production of ultra-high voltage insulation materials include internationally renowned companies such as Dow from the United States and Nordic Chemical Industry. Wanma High Polymer Ultra-high Voltage Insulation Materials' domestic market share has increased from about 15% in 2021 to about 20%.