Summary

Revenue : 000,000 M USD
Finance : 000,000 M USD
Earning Cap : 000,000 M USD
Invest : 000,000 M USD
R & D : 0000 People
Growth : 00% AGR

DIGDAL CAP

Overview

General Introduction Xinghui Environmental Protection Materials Co., Ltd. is a high-tech enterprise specializing in the research and development, production, and sales of polymer synthetic material polystyrene (PS). After more than ten years of industry accumulation and rapid development, the company currently has a production capacity of 350000 tons of polystyrene series products per year. It is a leading polystyrene production enterprise with advanced technology and is the largest company in the polystyrene industry in South China. In January 2022, the company was successfully listed on the Shenzhen Stock Exchange Growth Enterprise Board (stock abbreviation: Xinghui Environmental Materials; stock code: 300834). The company is an early domestic enterprise engaged in the research and development, production, and sales of polystyrene. With good product quality, the company's brand awareness continues to improve. The company's products include two categories: high impact polystyrene (HIPS) and general-purpose polystyrene (GPPS), both of which are high-tech products in Guangdong Province. In the context of implementing the Healthy China strategy and building a beautiful China, the company focuses on market development and changes, deeply practices supply side structural reform, continuously increases research and development, production, and sales of HIPS series products, and provides high-performance and high value-added environmentally friendly new materials to replace traditional low-end and low environmental performance materials, continuously meeting the growing needs of the people for a better life. After years of technological precipitation, the company has independently innovatively developed the "new technology of in-situ modified polystyrene resin polymerization with ultrafine powder", which has greatly improved the energy conservation and environmental protection level and modification efficiency of production. This technology has been identified as internationally advanced and has been awarded the second prize of Guangdong Provincial Science and Technology Award and the Chinese Patent Excellence Award by the Guangdong Provincial People's Government. In terms of production process, the company has pioneered the application of nanomaterials (ultrafine powders) in continuous bulk polymerization of modified polystyrene, improving product quality while reducing production costs. The HIPS produced is a key product of the national strategic emerging industry, with high market awareness and recognition. Polystyrene, as a basic chemical material, is one of the fundamental materials in the plastic industry. It is widely used in various fields of the national economy, such as electronic appliances, toys, daily plastic products, plastic packaging, building materials, medical devices, etc., and is closely related to daily life. The company is located in Guangdong Province, an important gathering place for industries such as electronic appliances, toys, daily plastic products, and plastic packaging in China. Its products are close to the market, with obvious geographical advantages and first-mover advantages. With excellent product performance, stable product quality, superior after-sales service, and guaranteed supply channels, it has established long-term cooperative relationships with downstream customers and maintained strong market stickiness. During the production process, the company strictly controls quality and has reached a high level of quality control management. It has obtained international ISO-9001 quality system certification, clean production certification, FDA and General Electric UL certification, CQC certification, as well as SGS ROHS and four halogen testing. The products meet international requirements such as domestic, EU, and the United States. The company adheres to the business philosophy of "customer-centric, honesty based, and innovation winning". In daily operations, we adhere to the principles of integrity and law-abiding, operate in accordance with the law, pay taxes in accordance with the law, and focus on customers. We ensure and provide diversified products and strive to create international brands, and constantly explore and innovate in the fierce market competition. Due to advanced technology and creating good social benefits, the company has been rated as a provincial high-tech enterprise by Guangdong Province, and has repeatedly won provincial, municipal, and provincial awards Honorary commendations and various commendations from government departments at all levels, including the district, have been awarded honorary titles such as "taxpayer", "industrial output", and "A-level taxpayer", making contributions to the economic development of the region.
Headquarter Shantou
Establish Date 6/27/2006
Listed Code 300834.SZ
Listed Date 1/13/2022
Chairman Chen Yueping.
CEO Wang Boting.
Website www.rastarchem.cn

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