Zhanjiang Red Eagle Mingde New Material Technology Co., Ltd. is a wholly-owned company jointly invested and constructed by Zhejiang Red Eagle Group Co., Ltd. and Huzhou Red Eagle Investment Co., Ltd., which was established on April 27, 2015 with a registered capital of 40 million yuan and a land area of 97 mu in the north and south plant areas. The company's main business is continuous casting tundish refractories, which have been put into production, including unshaped refractories, refractory preforms, refractory fiber products and recycling. The production includes magnesium coating, magnesium preform, fiber products and other products. The products are all used in the tundish of Zhanjiang steel continuous casting, and it has achieved good economic benefits. Moreover, the company has also set up a technology R & D center with advanced experimental, scientific research equipment and technology R & D talents, which has relatively strong scientific research and technology development capabilities, and is in the leading position in the research, development, application fields and product technology level of amorphous refractories in the same industry in China. Now it has carried out 23 R & D projects, 23 scientific and technological achievements transformation, and an average of more than 7 scientific and technological achievements transformation per year. It has 6 high-tech products, 1 invention patent and 8 new patents. Since its establishment, the company has been recognized by "National High Tech Enterprise", "Municipal Technology Center" and "Municipal Engineering Research And Development Center".