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Wuxi Honghui New Materials Technology Co.,Ltd (China)

Main Activities: Resin, Synthetic Rubber, and Artificial and Synthetic Fibers and Filaments Manufacturing | Plastics Product Manufacturing
Full name: Wuxi Honghui New Materials Technology Co.,Ltd Profile Updated: April 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Wuxi Honghui New Materials Technology Co., Ltd is a company located in Wuxi, China. It was established in 2001 and is primarily engaged in the research, manufacturing, and sales of chlorinated vinyl-acetate copolymer resin, vinyl chloride copolymer emulsion, and modified water-based series products. Their products are widely used in industries such as ink, coatings, plastic processing materials (including color films, magnetic card substrates, plastic flooring, etc.), and adhesives. These products have significant applications in various end-use sectors such as paper, food packaging, pharmaceutical packaging, artificial leather, furniture, containers, automobiles, ships, steel structures, and plastic parts. The company has a strong research and development capability and production capacity, offering a range of high-performance products. They have an annual design capacity of 100,000 tons for chlorinated vinyl acetate resin and 60,000 tons for water-based industrial coating base materials. In June 2016, the company successfully went public on the Shenzhen Stock Exchange (stock code: 002802). With a team of industry experts and a number of patented technologies, the company has been recognized as a high-tech enterprise, a specialized and innovative small and medium-sized enterprise, a private technology enterprise, and a provincial-level enterprise technology center and engineering research center in Jiangsu Province. They have been committed to serving high-end customers both domestically and internationally, with their products being exported to more than 50 countries and regions. The company has gained wide recognition and praise for its product quality, brand value, and market share. Since its establishment, the company has focused on technological innovation, continuously improving product quality, expanding product applications, and developing green and environmentally friendly chemical new materials. They aim to become a technological leader, market influencer, and large multinational supplier in the specialty chlorinated vinyl and water-based resin industries.

Headquarters
New Material Industries Park Donggang Town Xishan District Wuxi Jiangsu
Wuxi; Jiangsu; Postal Code: 214196

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Website: http://www.wuxihonghui.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:
March 28, 2001
Key Executives
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Director
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General Manager
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Chief Engineer
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Independent Director
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Independent Director
Ownership Details
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52.81%
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3.21%
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1.58%
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1.52%
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1.16%
Subsidiaries
Honghui (Hainan) Technology Co., Ltd.
100%
Honghui New Materials (Hong Kong) Co., Ltd.
100%
Hongsong (Shanghai) Technology Co., Ltd.
100%
Company Performance
Financial values in the chart are available after Wuxi Honghui New Materials 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
-27.82%
Total operating revenue
-27.08%
Operating profit (EBIT)
-37.48%
EBITDA
-35.52%
Net Profit (Loss) for the Period
-39.83%
Total assets
-3.55%
Total equity
-3.57%
Operating Profit Margin (ROS)
-2.53%
Net Profit Margin
-2.72%
Return on Equity (ROE)
-4.61%
Quick Ratio
-0.05%
Cash Ratio
-0.16%

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