FUWEI FILMS (HOLDINGS) CO., LTD. conducts its business through its wholly owned subsidiary Fuwei Films (Shandong) Co., Ltd. Shandong Fuwei develops, manufactures and distributes high-quality plastic films using the biaxial oriented stretch technique, otherwise known as BOPET film (biaxially oriented polyethyleneterephthalate). Fuwei's BOPET film is widely used to package food, medicine, cosmetics, tobacco and alcohol, as well as in the imaging (such as masking film, printing plates and microfilms), electronics and electrical industries (such as wire and cable wrap, capacitors and motor insulation), and magnetic products (such as audio and video tapes) industries.