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Wuxi Acryl Technology Co.,Ltd (China)

Main Activities: Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing
Full name: Wuxi Acryl Technology 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

Wuxi Acryl Technology Co., Ltd, formerly known as Wuxi Acryl Chemical Co., Ltd, was established in 1999. It is located in the Donggang New Material Industrial Park in Xishan District, Wuxi City. The company has a registered capital of 86.7 million yuan and covers an area of 70,000 square meters. In January 2014, it successfully listed on the New Third Board with the code 430605. In October 2017, it successfully transferred to the Shanghai main board with the stock code 603722. The company is recognized as a demonstration enterprise for technological innovation in the petrochemical industry in China, a high-tech enterprise in Jiangsu Province, a small and medium-sized enterprise in science and technology in Jiangsu Province, and one of the top ten technology entrepreneurial enterprises in Wuxi City. The company has established a national postdoctoral workstation branch, a provincial graduate workstation, and a provincial engineering technology research center. It has 6 doctors, masters, and more than 30 professional technical management personnel, forming an excellent technical research and development team, laying a solid foundation for product development and customer service. The company has undertaken and completed several provincial and municipal scientific and technological research and development projects and has obtained 11 authorized invention patents. Its main products include fatty amines and optical-grade polymer materials. Currently, the company's high-tech products account for more than 60% of all technical products. In particular, the fatty amine products developed and researched by the company in recent years are not only important raw materials for wind power generation, high-speed railways, and marine engineering, but also key raw materials for shale gas extraction. The company has independently synthesized a highly active and selective catalyst system for the development of fatty amine products, breaking through the continuous production process and achieving industrial production of multiple grades of fatty amine products with stable operation. The production process of this product has been recognized by experts as reaching international advanced level and has been awarded the third prize of Jiangsu Province Science and Technology Progress Award and the second prize of Wuxi City Science and Technology Progress Award in 2015. Adhering to the business philosophy of "specialization leads to professionalism," the company focuses on functional new materials as its main business. It fully leverages the advantages of industry-university-research cooperation and postdoctoral research workstations to accelerate product development, cultivate sustainable core competitiveness, and strive to make the company a research and production base for special polymer materials used in the fields of wind power generation, shale gas extraction, and environmentally friendly coatings in China.

Headquarters
New Material Industries Pk. Donggang T. Mountain Zone Wuxi Jiangsu
Wuxi; Jiangsu; Postal Code: 214196

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Website: http://www.chinaacryl.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:
July 08, 1999
Key Executives
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Director
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Director
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Director
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Director
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Director
Ownership Details
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24.92%
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10.48%
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10.14%
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2.86%
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1.59%
Subsidiaries
Akeli Technology (Taixing) Co., Ltd.
100%
Akoli Technology (Qianjiang) Co., Ltd.
100%
Akeli Zhongfu (Wuxi) Fuel Cell Technology Co., Ltd.
60%
Company Performance
Financial values in the chart are available after Wuxi Acryl Technology 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
-27.87%
Total operating revenue
-27.63%
Operating profit (EBIT)
-77.35%
Net Profit (Loss) for the Period
-79.99%
Total assets
-2.37%
Total equity
2.75%
Operating Profit Margin (ROS)
-13.13%
Net Profit Margin
-13.09%
Return on Equity (ROE)
-11.29%
Quick Ratio
0.63%
Cash Ratio
1.08%

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