Zhejiang Zhenshi New Materials
601112.SS
Shanghai Stock Exchange16.71
CNY
-0.44
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Zhejiang Zhenshi New Materials
601112.SS
(Shanghai Stock Exchange)
Recent
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16.71
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Zhejiang Zhenshi New Materials Co., Ltd. engages in the research, development, manufacture, and sale of fiber reinforcement materials and related composite products for clean energy and other high‑performance applications. The company specializes in glass fiber and glass fiber reinforced plastic (GFRP) products, high‑performance fibers and composites, and associated power electronic components; it also provides related technical services and application support. Zhenshi operates a diversified product portfolio including fiberglass rovings, chopped strands, mats, fabrics, and composite intermediates used in wind turbine blades, solar modules, electric vehicles, transportation, construction, and infrastructure markets. Founded in 2011 and headquartered in Tongxiang, Zhejiang Province, China, Zhenshi maintains manufacturing and marketing operations in Zhejiang with exposure to national and international markets. Its product categories span glass fiber raw materials; glass fiber fabrics and products; high‑performance fiber and composite materials; and technical services related to materials development and application. The company’s geographic footprint emphasizes the Greater China region with expanding regional outreach to international customers in wind energy, automotive, and construction sectors. Zhenshi’s corporate structure includes a focus on clean energy functionality materials, fiber weaving, thermosetting and thermoplastic composites, and related electronic components that support its core materials offerings. Latest major company changes include ongoing expansion of production capacity at its Zhenshi New Materials Industrial Park in Tongxiang to meet rising demand in wind, solar, and EV sectors; announcements of strategic partnerships and collaborations to advance wind blade fabric and composite solutions; and a recent IPO-related update indicating adjustments to project timelines and capital deployment following public listing plans. The company emphasizes its broadened manufacturing footprint, enhanced product lines, and alignment with national clean energy and lightweighting trends as part of its strategic evolution. Industry and business segments: materials science and advanced composites; wind energy materials; solar energy materials; automotive lightweighting components; construction and infrastructure composites. Target markets include wind turbine manufacturers, solar module producers, EV and automotive components suppliers, and infrastructure developers in domestic and international markets. Substantial operational emphasis remains on Zhejiang Province with downstream distribution to national customers and selected international clients. Parent/sister company relationships are not publicly disclosed beyond corporate branding, and the enterprise is positioned as a leading regional player in reinforced fiber materials and high‑performance composites.