Suzhou PPM was founded in May 1995. The company focuses on the research, development, production and sales of fiber masterbatches, the core raw material for chemical fiber dope coloring and functional modification, and provides customers with product application technologies support. The company has passed ISO9001 Quality Management System, ISO14001 Environmental Management System, ISO45001 Occupational Health and Safety Management System, Intertek Chemicals Green Leaf Logo and other certifications.

Since its establishment, the company has been committed to becoming the leader and promoter of "dope coloring technology". The company now has two production bases in Suzhou and Siyang, with an annual production capacity of 54,000 tons of fiber masterbatch, which is at the leading level in the industry. Since 2011, the company's fiber masterbatch production has been at the leading level in China. The company regards R&D and innovation as the continuous driving force for development, and has been committed to technological innovation in the field of chemical fiber dope coloring and functional modification. As a high-tech enterprise in Jiangsu Province, Jiangsu Provincial Functional Masterbatch Engineering Technology Research Center, and Jiangsu Provincial Enterprise Technology Center, the company has reached a strategic partnership with Donghua University to establish an industry-university cooperation research and development base and a postgraduate practice base. In 2016, the company and China Textile The Research Institute and other units jointly undertook the research and development of the "13th Five-Year Plan" national "key basic material technology improvement and industrialization" project - "development and application of high-quality dope dyed fiber"; in 2017, the company won the "National Chemical Fiber Industry In 2018, jointly recognized by the China Chemical Fiber Association and the National Textile and Chemical Fiber Product Development Center, the company established a national fiber functional masterbatch research and development base, laying a solid foundation for continuous innovation in the future. On November 5, 2020, Baolidi was listed on the GEM, stock code: 300905; in 2021, Baolidi won the honorary title of "Little Giant" at the national level; on June 2, 2023, the human resources of Xiangcheng District The Bureau of Resources and Social Security announced that Baolidi has become the 56th national postdoctoral scientific research workstation in the region.