Shaoxing Xingxin New Material Co., Ltd. Class A
SSZSE:00135822.76
CNY
+0.11
(+0.49%)
ISIN
CNE100006CK7
Return %
Stock
S&P 500
1Y
-21.65
13.14
3Y
- -
80.78
5Y
- -
67.74
Capital Structure
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in mil. unless spec.Company Description
- CEO
- Hua Wei Shen
- Full Time Employees
- 417
- Sector
- Process industries
- Industry
- Chemicals: specialty
- Address
- No. 2 Tuozhan Road Shaoxing ZH China 312369
- IPO Date
- Dec 21, 2023
- Website
- xingxinchem.com
- Similar Companies
- Business
- Shaoxing Xingxin New Materials Co Ltd (001358.SZ) engages in the research, development, production and sales of organic amine fine chemicals, including piperazine derivatives, amide series products, polyurethane catalysts and related intermediates for pharmaceutical, electronic, environmental and industrial applications. The company offers a comprehensive portfolio of piperazine series products such as piperazine anhydrous (CAS 110-85-0), 2-methylpiperazine (CAS 109-07-9), N-methylpiperazine (CAS 109-01-3), N-ethylpiperazine (CAS 5308-25-8), N-(2-hydroxyethyl)piperazine (CAS 103-76-4) and N,N'-di(2-hydroxyethyl)piperazine (CAS 122-96-3); amide and ethylenediamine derivatives including N-(2-hydroxypropyl)-1,2-ethylenediamine (CAS 123-84-2), N-(2-hydroxyethyl)ethylenediamine (CAS 111-41-1) and N,N-dimethylpropionamide (CAS 758-96-3); and polyurethane catalysts such as triethylene diamine (CAS 280-57-9), triethylene diamine 33% solution, N,N,N',N''N''-pentamethyldiethylene triamine (CAS 3030-47-5) and 2,2'-dimorpholinodiethyl ether (DMDEE, CAS 6425-39-4). These products serve pharmaceutical intermediates for drugs like rifampicin, ofloxacin and fluphenazine; electronic chemicals and solvents; environment-friendly agents for desulfurization, decarbonization and carbon capture; polyurethane foam catalysts; surfactants; dyes; pesticides; and epoxy resin curing agents. Founded in 2002 and headquartered at No. 2 Tuozhan Road, Hangzhou Bay Shangyu Economic and Technological Development Zone, Shaoxing, Zhejiang Province, China, the company operates two production bases in Zhejiang Shangyu and Anhui Dongzhi, covering over 200,000 square meters with more than 200 employees, including over 50 technicians and a research team of doctoral and master's degree holders. It targets global markets as a national high-tech enterprise, provincial "hidden champion" and "specialized-precise-special-new" SME in Zhejiang, holding leading positions with over 20% global and 70% Chinese market share in piperazine series products; certifications include ISO9001, ISO14001 and ISO45001. The firm maintains a wholly-owned subsidiary, Anhui Xingxin Company established in 2008, and collaborates with Tianjin University on an electronic chemicals R&D center. In July 2025, Shaoxing Xingxin New Materials announces plans to invest in a polyene polyamine production project, representing a strategic expansion into advanced polymer materials. The company continues to innovate in wet electronic chemicals for photoresist stripping in LCD panel processes and environment-friendly desulfurization/decarbonization agents supporting China's carbon peak and neutrality goals, building on its established R&D centers and technological partnerships. No major acquisitions, funding rounds or reorganizations are reported in the last two years.