Trust Chem Co., Ltd. Class A
SSZSE:00133530.28
CNY
-0.25
(-0.82%)
ISIN
CNE100006XN7
Return %
Stock
S&P 500
1Y
-22.00
13.14
3Y
- -
80.78
5Y
- -
67.74
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
CNY
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in mil. unless spec.Quarterly Revenue
CNY
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in mil. unless spec.Quarterly Earnings Per Share
CNY
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in mil. unless spec.Quarterly Dividends Per Share
CNY
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in mil. unless spec.Company Description
- CEO
- Zhi Li
- Full Time Employees
- 445
- Sector
- Process industries
- Industry
- Chemicals: specialty
- Address
- No.1069 Donglian Street Hangzhou ZH China 311121
- IPO Date
- Apr 15, 2025
- Website
- trustchem.cn
- Similar Companies
- Business
- Trust Chem Co., Ltd. (001335.SZ) engages in the research, development, production, and sale of organic pigments and related colorants for applications including inks, coatings, plastics, textiles, and other industries. The company offers a broad portfolio of products comprising azo pigments such as Pigment Yellow (P.Y.) series including P.Y.1, P.Y.3, P.Y.12 through P.Y.194, Pigment Orange (P.O.) series including P.O.5, P.O.13, P.O.34 through P.O.67, and Pigment Red (P.R.) series including P.R.2, P.R.3, P.R.8 through P.R.269; heterocyclic pigments; phthalocyanine pigments such as Pigment Blue (P.B.)15 series, P.B.27, P.B.29, and Pigment Green (P.G.)7; inorganic pigments including iron oxide yellow (P.Y.42) and iron oxide red (P.R.101); fluorescent pigments; acid dyes under the Lorset brand encompassing Lorset PA, Lorset GH, and others; and intermediates. Zhejiang Xinkai Technology Group Co., Ltd., operating as Trust Chem, maintains rigorous quality control with third-party HSE testing and REACH compliance, serving customers in coatings, plastics, inks, and specialty sectors across more than 70 countries. Founded in 1996 and headquartered at No. 1069 Donglian Street, Cangqian Sub-district, Hangzhou, Zhejiang Province, China, the company operates a global structure with subsidiaries in the Netherlands, USA, Australia, Turkey, Canada, India, and the UK, alongside a representative office in South Africa. Trust Chem collaborates with universities and research institutions to drive innovation in sustainable, high-performance colorants. In a major strategic milestone, Trust Chem listed on the Shenzhen Stock Exchange Main Board (ticker: 001335.SZ) on April 15, 2025, following an initial public offering of 23.43 million shares priced at 12.80 yuan each, raising approximately CNY 300 million to fund production expansions and high-value product development. The company reported robust 2024 financial performance with revenue of CNY 1.417 billion, up 32.55% year-over-year, and net profit of CNY 111 million, up 26.31%, while advancing trial production at its Xinkai Ziyuan factory for enhanced capacity. Trust Chem continues to deepen market penetration in high-end organic pigments and functional chemicals, aligning with digital transformation and smart manufacturing initiatives under China's 14th Five-Year Plan.