- Business
- Hebei Jianxin Chemical Co., Ltd. (300107.SZ) researches, develops, manufactures and sells dye intermediates and fine chemicals primarily in China. The company offers metanilic acid, aniline-2,5-disulfonic acid monosodium salt, 3-hydroxy-N,N-diethylaniline, 3-aminophenol, sulfanilic acid, ODB-1, ODB-2, R-04, EBA, BBA, MMD, DPA, DBSP, BON, n-butyl bromide, 3,3'-dinitrodiphenyl sulfone, 3,3'-diamino diphenyl sulphone, 4,4'-dichloro diphenyl sulphone, 4,4'-diamino diphenyl sulfone and m-trihydroxybenzene; these products serve as intermediates for dyes, medicines, fibers, pesticides, dyestuffs and health care products, optical brighteners for paper, color formers for thermal and carbonless paper, developers and sensitizers for thermal paper, alkylating agents, solvents, extracting agents for rare elements and organic synthesis, materials for curing agents, epoxy resins, engineering plastics, polysulfone amides and other polymers, monomers for polysulfonamide fiber, and pharmaceutical and auxiliary intermediates. Founded in 2003 and headquartered in Cangzhou, Hebei Province, the company operates manufacturing plants in Bohai New Area Chemical Park and Cangzhou Lingang Chemical Industry Park, with exports comprising a portion of sales to international markets including partnerships such as a product supply agreement with Switzerland's Archroma. Recent developments include a 31.44% increase in net income to RMB 19.37 million for 2024, plans to invest RMB 130 million in wholly-owned subsidiary Cangzhou Jianxin Ruixiang Chemical Technology Co., Ltd. to expand operations and support project construction, ongoing development of phase one projects for 1,000 tons of liquid crystal polymer material intermediates, 3,000 tons of potassium sulfate and 325 tons of polyarylether resin, and involvement in flying car technology via co-investment in Jianxin Flying Auto, which remains in the research and development stage.