- Business
- Zhejiang Juhua Co., Ltd. (600160.SS) is a China-based company principally engaged in the research, development, production and sales of basic chemical raw materials, with a focus on fluorine chemicals, chlor-alkali products and related materials; it offers fluorine chemical raw materials including chlorinated methane and refrigerants, fluoropolymers such as polytetrafluoroethylene (PTFE) powder and PVDC extrusion resin and latex under the Juhua brand, fluorine-containing fine chemicals, food packaging materials, petrochemical materials, basic chemicals like fertilizers and pesticides, and services encompassing cylinder inspection, technical consulting and technology transfer. The company operates primarily in China with exports to over 30 countries and regions including the EU, USA and Asia, serving industries such as daily life, national defense, aerospace, electronic information, environmental protection, new energy, electrical appliances, machinery, pharmaceuticals, textiles, food and metallurgy; it maintains production facilities equipped with 29 major plants producing 83 products across five categories. Founded in 1998 and headquartered in Quzhou, Zhejiang Province, Zhejiang Juhua functions as a leading domestic advanced manufacturing base for high-performance fluorine chemicals and chlor-alkali new materials, supported by annual R&D investments and strategic joint ventures with global firms like DuPont and 3M to enhance fluoropolymer technologies. In recent developments, the company agreed to acquire a 30.15% stake in Zibo Feiyuan Chemical Co., Ltd. for approximately CNY 580 million, culminating in ownership of 51% shares through equity cooperation signed in January 2024 to expand its chemical production capabilities; it also revised its articles of association, canceled the board of supervisors, and updated governance systems including ESG disclosure measures in 2025, while reporting strong financial performance with a 160% Q1 profit surge and Q3 2025 net income growth amid shifts toward higher-margin products and new energy ventures.