Recently, the results of the 2020 Zhejiang Provincial Hidden Champions Selection were announced, and Zhejiang Conceptfe New Material Technology Co., Ltd. successfully made the list.

This selection of Zhejiang Hidden Champions was carried out to implement the "Implementation Opinions of the General Office of Zhejiang Provincial People's Government on Carrying out the 'Eagle雏鹰 Action' to Cultivate Hidden Champion Enterprises" (Zhejiang Government Office Document ﹝2019﹞No. 28). According to the requirements of the Provincial Economic and Information Department's "Notice on Organizing the Application for Hidden Champions and Cultivating Enterprises in 2020," it was generated through voluntary enterprise applications, formal review by the Provincial Economic and Information Department, expert evaluation, and public announcement.

Zhejiang Conceptfe New Material is one of the earliest enterprises in China to carry out research and industrialization of fluoropolymer materials and their applications. Zhejiang Conceptfe has successively won honors such as "Excellent Brand Enterprise in Fluoroplastic Processing Industry of China Plastics Association," "Zhejiang Consumers' Most Satisfied Brand," "Provincial Science and Technology Enterprise," "Zhejiang Innovative Demonstration Small and Medium-sized Enterprise," "Provincial High-tech Enterprise Research and Development Center," and undertaken Zhejiang's 5G key research and development projects. The "Conceptfe" and "科赛" series brands have become well-known fluoropolymer material brands in the industry, with related products applied in panel display, semiconductor manufacturing, 5G communications, medical devices, high-speed rail, ultra-high voltage power transmission, building bridge components, industrial manufacturing, pharmaceutical packaging, cosmetic packaging, and other fields.

Knowledge Tip: The concept of "Hidden Champion Enterprises" was first proposed by German management scholar Hermann Simon. It refers to small and medium-sized enterprises that are not well-known to the public but hold a leading position in a specific niche industry or market, possess core competitiveness and a clear strategy, and whose products or services are difficult to surpass or imitate.