Zhejiang Pusen New Material Technology Co., Ltd was founded in 1976 and restructured into a joint-stock company in 1998. Its registered capital is 12.1 million yuan (12 100 000 RBM). It awarded as a national high-tech enterprise in 2013.

PUSEN is not only an integrated enterprise comprising of research and development, production, sales and service, but also a military supporting enterprise with advanced production & inspection equipment and quality control system. As early as in 2000, PUSEN began to cooperate with Zhejiang University, with leading technology and rigorous scientific internal management, independent research and development "PUSEN" brand series, such as high-quality thermal insulation, fire-resistant insulation, acoustic noise insulation and absorption, cold insulation products. Flagship products, including ceramic wool, glass wool, rock wool, mineral wool, flame retardant fabrics, fire-retardant adhesive, insulating materials for LNG, are widely used in shipbuilding, nuclear power, electric power and chemical industry.