- Business
- Nantong JiangTian Chemical Co., Ltd. (300927.SZ) manufactures and sells specialty fine chemicals derived from methanol downstream deep-processing industrial chains in China and internationally. The company primarily offers paraformaldehyde, including particulate and granular forms at 92%-98% concentration; high-concentration formaldehyde at 33%-55% with an annual capacity of 280,000 tons using Fe-Mo technology; methyl chloride, including ultra-high purity grades; ethylene glycol hemiacetal; 1,3,5-triacryloylhexahydro-1,3,5-triazine; and super absorbent polymers (SAP). These products serve applications in synthetic resins, adhesives, concrete admixtures, pesticides and herbicides, flavors and fragrances, dyes, electronic chemicals, textile dyeing and finishing auxiliaries, surfactants, and absorbent hygiene products. Nantong JiangTian Chemical was founded in 1999 and is headquartered at No. 16 Zhongyang Road, Economic & Technological Development Zone, Nantong, Jiangsu Province, China, with its ultimate controlling shareholder being the State-owned Assets Supervision and Administration Commission of Nantong Municipal People’s Government. In a major strategic expansion completed in January 2025, the company acquired 100% equity interest and related intellectual property rights in San-DIA Polymers (Nantong) Co., Ltd., a super absorbent polymer producer and former subsidiary of Sanyo Chemical Industries, Ltd., from SDP Global Co., Ltd. for cash consideration of approximately CNY 5.7 billion; this transaction, launched in March 2024, adds SAP operations, diversifies the product portfolio into civilian consumer chemicals such as hygiene products, and advances the company's "One Core, Two Wings" strategy focused on specialization in industrial and consumer chemicals while extending the industrial chain through mergers and acquisitions. The acquisition enhances customer diversification, risk resilience, and alignment with national policies for high-quality chemical industry development, building on robust financial growth including net profit up 459.78% year-over-year as of late 2025.