In July 2020, Newmat (Beijing) Environmental Materials Technology Co., Ltd. received a notice from the Ministry of Science and Technology - China Agenda 21 Management Center，the application of special key project of the national key R&D plan "Application and Industrialization of High Performance Green Waterborne Industrial Coatings" has been completed.

This project was led by Newmat and jointly undertaken by the Institute of Process Engineering, Chinese Academy of Sciences. The project comes from the "Research and Industrialization of Green Waterborne Industrial Coatings and Coating Technology" project of the national key research and development plan of the "13th Five Year Plan" led by the company. The achievements have been applied in batch to the internal and external coating of car bodies of CRRC Metro, railway passenger cars and other vehicles, and the anti rust coating of oil casings of Tianjin Steel Pipe Group, Baotou Steel Group, etc. While the protective performance meets the requirements, VOCs will be reduced by more than 90%, which will improve the current situation that high-performance water-based coating materials in China mainly rely on solvent based products, and fill the technical gap of high-performance water-based industrial coatings in related fields in China.

The implementation of the key special project of "Science and Technology Helps Economy 2020" is not only the affirmation of the Ministry of Science and Technology on the independent research and development ability and scientific and technological innovation ability of Newmat， but recognition and support for the progress of key national R&D projects during the 13th Five Year Plan period. In the future, Newmat will continue to consolidate and deepen the mode of "production, learning, research and application", and truly create an innovation platform for the transformation of high-tech achievements to meet customer needs, so as to gradually industrialize a series of new products with market competitiveness and enhance the company's value.