WTEC GROUP BERHAD FORGES STRATEGIC PARTNERSHIP WITH LEADING TECHNICAL FOAM SPECIALIST IN CHINA
Kuala Lumpur, 29 April 2025 – Manufacturer of foam and non-foam products, WTEC Group Berhad (“WTEC Group” or the “Company”), has today entered into a Memorandum of Understanding (“MOU”) with Jiangsu ChengFeng New Materials Co., Ltd. (“WINFUN FOAM”) (“诚丰泡棉”), a China-based specialist in manufacturing and developing advanced polyurethane-based products.
WINFUN FOAM manufactures and develops advanced polyurethane-based products that are widely used across industries such as automotive, aerospace, rail transportation, medical, electronics, water treatment, and air filtration.
Under the MOU, WTEC Group and WINFUN FOAM will jointly develop and customise polyurethane foam products, supply and distribute specialty polyurethane foam materials, undertake market development initiatives within ASEAN member countries, and provide technical support. The collaboration leverages both parties’ technical expertise, manufacturing capabilities, and regional market networks.
Group Managing Director of WTEC Group, Mr. Tan Kok Kheng (陈国庆) said, “We are delighted to embark on this strategic partnership with WINFUN FOAM, a recognised leader in advanced polyurethane materials. This collaboration combines the technical strengths and manufacturing excellence of both companies, enhancing our ability to offer high-performance solutions. It will strengthen our presence in the automotive and electrical and electronics (“E&E”) sectors and enable us to better meet the evolving needs of customers across ASEAN.”
He added that the technical foam materials will complement WTEC Group’s existing product range, enabling the Company to move further into specialised and higher-value market segments where it already holds a strong position, particularly in the automotive and E&E industries.
Chairman of WINFUN FOAM, Mr. Ruan Guo Ciao (阮国桥) said, “This partnership offers an exciting opportunity to combine resources and expertise, enabling both companies to accelerate innovation and deliver high-quality polyurethane solutions to the dynamic ASEAN market. We look forward to working closely with WTEC Group to build a strong, sustainable presence across the region.”
