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On January 5, 2021, Guangdong Jushi Chemical Co.
, Ltd.
issued a prospectus and officially started the prospectus process
.
Polypec plans to raise 490 million yuan this time, mainly for the expansion project of modified plastics with an annual output of 40,000 tons, the expansion of halogen-free flame retardants, and the construction of R&D centers
.
Polypec plans to raise 490 million yuan this time, mainly for the expansion project of modified plastics with an annual output of 40,000 tons, the expansion of halogen-free flame retardants, and the construction of R&D centers
.
According to the data, Jushi Chemical was established in 2007.
It is an enterprise integrating R&D, production and sales of modified plastics.
It mainly involves environmentally friendly halogen-free flame retardant additives, environmentally friendly halogen-free flame retardant thermoplastics, and halogen-free flame retardant elasticity.
Body wire materials, high-quality composite materials and other environmentally friendly flame retardant materials and modified plastics
.
According to the data, Jushi Chemical was established in 2007.
Polychemical production bases include Changsha, Suzhou, Wuhu, Changzhou and Dongguan, etc.
After years of innovation and accumulation, Jushi Chemical has possessed core technologies including chemical synthesis and compound application technology of halogen-free flame retardants, preparation technology of flame retardant modified plastics, and functional polymer material technology.
The data shows that from 2017 to 2019, the operating income of Jushi Chemical was 880 million yuan, 1.
In 2020, in the face of the impact of the new crown pneumonia epidemic, Polypec will still maintain a relatively high growth rate
.
According to the prospectus, Jushi Chemical has been deeply involved in the modified plastics industry for many years.
In addition, all the funds raised from this issuance will be used for projects related to the main business of Jushi Chemical and the working capital required for the development of the main business, of which RMB 348 million will be invested in the expansion project of modified plastics with an annual output of 40,000 tons, and RMB 40.
