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Global Coatings Network News: News on October 11, Suzhou Xiangyuan New Materials Co.
, Ltd.
(hereinafter referred to as "Xiangyuan New Materials") GEM listing application was accepted, the company is a national key specialized special new "little giant" enterprise recommended to support, with 46 invention patents
.
In terms of financial data, in 2020 and 2021, the revenue was 267 million yuan and 338 million yuan respectively, and the net profit attributable to the parent was 71.
703 million yuan and 66.
1864 million yuan
respectively.
According to reports, the company intends to issue no more than 15.
4 million shares and plans to raise 280 million yuan for investment in an annual output of 7,500 tons of 3,3'-dichloro-4,4'-diaminodiphenylmethane, 2,000 tons of polyaspartic acid ester products and 36 tons of aniline tar with an annual by-product, 10,500 tons of industrial salt expansion project, polyurethane chain extender R & D center project, enterprise information and security system construction project and headquarters operation center and marketing service network construction project
.
According to the data, Xiangyuan New Material mainly develops, produces and sells polyurethane chain extenders, the core products are fine chemical products, including MOCA and new polyurethane chain extenders, which have been widely used in machinery manufacturing, transportation, sports, construction, medicine, electronic devices, military aerospace and new energy, automotive fields
.
The company's end customers include LANXESS, Covestro, Keyi, ERA, Yinuowei, Feilu Co.
, Ltd.
, Liming Chemical (a subsidiary of Haohua Technology), Oriental Yuhong, and Weiwan Seal
.
Xiangyuan New Materials disclosed that the company has a prominent industry position
in the market segment.
It is not only one of the few domestic manufacturers that have obtained EU REACH certification, but also the only domestic enterprise
in the field of MOCA products that has passed EU REACH registration and supplied the EU market in batches.
In addition, the product quality has also reached the international quality of similar products, enjoys high brand awareness, and is exported to the United States, the European Union, Japan, South Korea, Russia, India, Brazil and other countries and regions
around the world.
