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Shenzhen Tongyi Industry Co., Ltd. (China)

Main Activities: Household Appliances and Electrical and Electronic Goods Merchant Wholesalers | Chemical and Allied Products Merchant Wholesalers
Full name: Shenzhen Tongyi Industry Co., Ltd. Profile Updated: April 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Chinese Download a sample report

Shenzhen Tongyi Industry Co., Ltd. is a leading integrated solution provider for high-end new materials and electronic materials supply chain. The company was established in 2002 and went public on the Shenzhen Stock Exchange on August 26, 2016, with the stock code 300538. The company's main products are high-end chemical and electronic materials, which are primarily used in various industries such as mobile phones and mobile terminals, consumer electronics, smart home appliances, automobiles, new energy, 5G, chips, and display panels. These materials are used as components, functional parts, structural parts, or appearance parts for branded customer products in these industries. Tongyi Industry adheres to the mission of "making material applications simpler" and is committed to providing material solutions for 10 industries, 100 well-known brands, 1,000 large-scale processing enterprises, and 10,000 high-quality small and medium-sized enterprises. The company has developed an integrated solution called "integration of product and mold", which helps in the development of new materials and processes for original manufacturers, while providing customers with end-to-end technical services to improve product yield and quality, reduce inventory and manufacturing costs, and meet customer demands for material quality, speed, price, and innovation. Tongyi Industry has gradually built five core advantages, including technological and service advantages, first-mover advantages in segmented markets, flexible supply advantages, high-quality customer and supplier resources, and the ability to empower the industrial chain. Currently, Tongyi Industry cooperates with world-renowned raw material manufacturers, including Celanese from the United States, Lotte Chemical from South Korea, Teijin from Japan, Samsung SDI from South Korea, Chimei from Taiwan, Doosan from South Korea, Shin-Etsu from Japan, and Asahi Kasei from Japan. The company's terminal brand customers are leading enterprises in various industries, including Huawei, VIVO, OPPO, Xiaomi, BYD, Foxconn, Longcheer, ZTE, Lenovo, Huaxian Optoelectronics, iFlytek, and GAC Group. In the future, Tongyi Industry will continue to innovate in leading integrated solutions for high-end new materials and electronic materials supply chain, actively promote cooperation with upstream and downstream partners and friendly competitors, and drive the distribution of chemical and electronic materials and investment in new materials as "two wings" to promote the research, production, and sales of engineering plastic sheets, rods, special modified materials, and other cutting-edge new materials. The company will also rely on the Tongyi e-commerce industrial internet platform to achieve digital iteration and create new industrial formats.

Headquarters
1001 Tower A Yifang Ctr N. Zone(Phase 3) 99 Xinhu R. Zone N12 Haiwang Community Xin'an Sub-Dist. Bao
Shenzhen; Guangdong; Postal Code: 518101

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Website: http://www.tongyiplastic.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
December 25, 2002
Key Executives
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Chairman
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Chairman of the Supervisory Board
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Deputy General Manager
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Deputy General Manager
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Deputy General Manager
Ownership Details
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21.42%
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19.91%
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3.33%
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3.22%
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3.1%
Subsidiaries
ADVANCED MATERIALS RESEARCH INC
100%
Hong Kong Tongyi Industrial Co., Ltd.
100%
Hong Kong Tongyizhilian Technology Co., Ltd.
100%
Company Performance
Financial values in the chart are available after Shenzhen Tongyi Industry Co., Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
316.71%
Total operating revenue
317.3%
Operating profit (EBIT)
114.1%
Net Profit (Loss) for the Period
287.85%
Total assets
14.61%
Total equity
2.66%
Operating Profit Margin (ROS)
-0.67%
Net Profit Margin
-0.08%
Return on Equity (ROE)
1.57%
Debt to Equity Ratio
31.4%
Quick Ratio
-0.09%
Cash Ratio
0.06%

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