- Business
- Keshun Waterproof Technology Co., Ltd. specializes in the research, development, manufacturing, and sales of advanced waterproofing materials and solutions. Its core product portfolio includes waterproof membranes such as Thermoplastic Polyolefin (TPO) membranes, elastomer (SBS) modified bitumen membranes, self-adhesive polymer-modified bitumen membranes, and HDPE geomembranes for applications including construction, aquaculture pond liners, and mining wastewater anti-seepage lining. The company also produces a variety of waterproof coatings, mortars, sealing materials, industrial coatings, and projection and drainage boards. Operating primarily in the building materials industry, its products serve sectors like architectural waterproofing, civil and commercial buildings, tunnels, and specialized infrastructure projects.
Founded in 1996 and headquartered in Suzhou, China, Keshun has established 24 wholly-owned subsidiaries and multiple branches across major Chinese cities including Shenzhen, Guangzhou, Beijing, Shanghai, and others. It maintains an extensive distribution network with over 1,000 channels in China and exports products to regions including Southeast Asia, Europe, North America, the Middle East, and Australia. The company is recognized as one of China’s top waterproof material enterprises and holds a leading market share domestically.
Recent major developments include a strategic investment of RMB 240 million in an industrial merger and acquisition fund to drive global expansion and accelerate innovation in areas such as next-generation information technology, new materials, and advanced manufacturing. In January 2025, Keshun acquired a 93.54% stake in Fengze Intelligent Equipment Co., Ltd. for approximately CNY 560 million to enhance its technical capabilities. The company also significantly increased investment in digital transformation and e-commerce platforms, boosting direct sales growth by 30% and improving operational efficiency through automated production lines that increased capacity by 20%. Keshun allocates substantial resources to research and development, recently investing approximately ¥50 million to advance eco-friendly waterproof products and smart material technologies, including partnerships with leading universities.
In 2024, Keshun reported revenues of approximately RMB 600 million with a consistent net profit margin around 15%, supported by a diversified product portfolio and strong export performance representing nearly 40% of sales. Its business strategy focuses on sustainable innovation, quality assurance, and expanding international footprint to sustain growth across multiple sectors such as construction, automotive, and electronics. Keshun remains committed to delivering comprehensive waterproofing solutions that cover over 100 product varieties and systems, maintaining a robust customer base among major real estate developers and construction firms throughout China and globally.