Shanghai Wealter New Material Co., Ltd. (referred to as Wealter) was established in August 2019 and is affiliated with Beijing Oriental Yuhong Waterproof Technology Co., Ltd. (referred to as: Oriental Yuhong; stock code: 002271). It focuses on building airtight membrane material protection systems, and the products are widely used in metal structures, curtain walls, cold storage, and ultra-low energy buildings. It is an advanced membrane system service provider in China. Based on the excellent product performance, the materials are also widely used in medical packaging, industrial packaging, process printing, agriculture and other fields.

Oriental Yuhong was established in 1995. Over the past 20 years, it has provided high-quality system solutions for tens of thousands of major infrastructure construction, industrial buildings, civil and commercial buildings, and has become a high-quality building materials system service provider. The company went public in 2008, and its business revenue exceeded 31.934 billion yuan in 2021, with a 44-fold increase in performance from 2008 to 2021. Some of the company's products have successively passed multiple domestic and international product certifications such as the EU CE certification and the German EC1 certification, and the company has been awarded honors such as the 17th "National Quality Award", the 2017 "National Quality Benchmark", and the "National Technology Innovation Demonstration Enterprise". It has been listed on the Fortune 500 China Listed Companies list.