Inquiry Report on New Shares of Zhengdan Shares (300641)
Company Profile
The company is a high-tech enterprise in the field of special fine chemicals, mainly engaged in the research, development, production and sales of high-end environmental protection new materials. Mainly around the C9 aromatics industry chain, effectively and comprehensively utilize the by-products generated in the refining process of upstream refineries, and develop, produce and sell new materials with low toxicity, low carcinogenicity, high safety, high performance and high added value to replace traditional low-end, low environmental performance materials; In order to promote the product upgrading and industrial upgrading of the industry, improve the quality and environmental protection of downstream and even terminal consumer goods.
Company highlights
(1) Fine chemical industry and environmental protection new material industry have high technical requirements, long product development cycle and large investment. In the past, industry giants in developed countries had a high market share. With China as the representative of emerging markets, the rapid development of independent innovation ability, product technology content and product quality, the fine chemical enterprises in emerging markets face huge opportunities for industrial transfer. In addition, due to the subdivision of fine chemical industry and environmental protection new material industry, the products are highly targeted and characterized, and the industrial competition pattern is mostly characterized by monopoly or oligopoly competition, with high industrial barriers.
(2) The company occupies a leading position in the domestic and foreign markets of its main products. In the field of trimellitic anhydride, the company is one of the few fine chemical enterprises that can continuously produce trimellitic anhydride, with stable product quality and many indicators at the international leading level. At present, the company is one of the four oligarchs in the field of trimellitic anhydride in China; In the field of trioctyl trimellitate, the company has a high capacity utilization rate and a rapid growth momentum; In the field of new product vinyl toluene, the company is one of the first enterprises in the world to be able to produce this product on a large scale after Decatur.
(3) The main products of the company are widely exported to Italy, Japan, South Korea, Taiwan and other places, and as long-term stable partners of international chemical giants such as Arentas, Mitsubishi, LG, Aijing Chemical, Kao, Liancheng Chemical, South Asia Plastics, etc., the company has established a good brand image and popularity, and has occupied a favorable market position.
