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 Shanghai Pulit Composite Materials Co., Ltd. (stock code: 002324), formerly known as the Pulit Institute of Chemistry at Tongji University, was founded in 1993. The company was founded in October 1999 and went public in December 2009, mainly engaged in the research and development, production, sales, and service of polymer new material products and their composite materials. The company mainly engages in the development of three major industrial sectors: modified materials industry, ICT materials industry, and special chemicals industry. Among them, the company's main focus will be on the modified materials and ICT materials industry sectors, while the special chemicals industry sector will develop in the form of industrial investment. After the company went public, it invested and built three wholly-owned subsidiaries, namely Shanghai Pulite Chemical New Materials Co., Ltd., Zhejiang Pulite New Materials Co., Ltd., and Chongqing Pulite New Materials Co., Ltd., in the Jinshan Second Industrial Park in Shanghai, Jiaxing Industrial Park in Nanhu District, Jiaxing City, Zhejiang Province, and Tongliang Industrial Park in Chongqing. These three subsidiaries have been fully established and put into production. In February 2015, the company acquired a subsidiary in the United States and renamed it PRETAdvancedMaterials, LLC In October 2017, the company established a new company called "PretEuropeGmbH" in Darmstadt, Germany, and established a bridgehead in the world's automotive industry hub to conduct research and development, sales, and other businesses in Europe, beginning to fully implement the company's globalization strategy. Since 2020, the company has started an extensive M&A integration strategy, holding and participating in high-quality companies in the new materials industry such as Dongguan Pulit and Liaoning Hang'an Special Casting, helping listed companies seize strategic opportunities in this field and achieve forward-looking layout. In January 2021, the company established a strategic partnership with Shenzhen Hengxin Huaye Equity Investment Fund Management Co., Ltd. to jointly develop the company's electronic new materials business. The modified material products of the company are mainly used in the automotive material industry, and their products and technologies are at the leading domestic and international levels. After years of technological accumulation and market development, the company has provided services to multiple domestic and foreign automobile manufacturers, including BMW, Mercedes Benz, General Motors, Ford, Chrysler, Geely, BYD, Chery and other automobile companies, and has become one of the leading enterprises in the modified plastic industry in China. The company has fully independent intellectual property rights in TLCP technology and US PCT patents. It has applied for 25 Chinese invention patents related to LCP and established a complete technology and production system for TLCP materials from resin polymerization to composite modification. It is the first domestic supplier of LCP materials in China. After 13 years of independent development, it has a complete industrial chain and independent core technology in the field of LCP resin synthesis and material application, and is one of the earliest companies in China to layout the LCP industry.
Headquarter Shanghai
Establish Date 10/28/1999
Listed Code 002324.SZ
Listed Date 12/18/2009
Chairman Zhou Wen.
CEO Zhou Wen.
Website www.pret.com.cn

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