- CEO
- Guo Qiang Jiang
- Full Time Employees
- 3,548
- Sector
- Process industries
- Industry
- Chemicals: specialty
- Address
- No. 55, Jianshe Road Jiangyin JS China 214422
- IPO Date
- Jul 20, 2010
- Business
- Jiangsu Baichuan High-Tech New Materials Co., Ltd. (002455.SZ) manufactures and sells fine chemicals, new materials, and new energy products primarily in China and internationally. The company produces a broad range of fine chemical products including environment-friendly organic solvents such as n-butyl acetate, ethyl acetate, propyl acetate, and propylene glycol methyl ether acetate; anhydrides and derivatives like terephthalic anhydride; plasticizers such as trioctyl terephthalate; polyols including trimethylolpropane, neopentyl glycol, and di(trimethylolpropane); heat-resistant environment-friendly plasticizers; insulating resins and enamel wire paints; powder coating monomers; and photocurable coating monomers, which serve industries including coatings, printing inks, adhesives, paints, pharmaceuticals, household appliances, and furniture. In new materials, it offers needle coke; anode materials including graphitization; cathode materials; and waste lithium battery resource utilization products applied in steel electrosmelting, lithium-ion batteries, power tools, energy storage, and consumer electronics; while its new energy segment provides lithium iron phosphate and ternary material systems, square aluminum-shell lithium batteries of various specifications, battery packs, energy storage modules, and systems targeting containerized, industrial-commercial, household, and communication backup applications. Jiangsu Baichuan operates production bases through subsidiaries such as Nantong Baichuan New Materials Co., Ltd., Ningxia Baichuan Technology Co., Ltd., Ningxia Baichuan New Materials Co., Ltd., and Jiangsu Higee Energy Co., Ltd., serving global clients like AkzoNobel, PPG Industries, BASF, Nippon Paint, DSM, Kao Corporation, and DuPont. Founded in July 2002 and listed on the Shenzhen Stock Exchange in August 2010, the company maintains its headquarters in Nantong, Jiangsu Province, China, with leading domestic capacity, quality, and market share in key fine chemical categories. Recent developments include the April 2025 official commencement of production for its 2022 fundraising project, an annual capacity of 0.03 million tons of graphite anode material (with 0.08 million tons graphitization), now in mass production with gradually increasing capacity utilization; the March 2025 completion of a 50 million yuan equity repurchase of 7.14% stake in Ningxia Baichuan Technology from Ningxia Industrial Guidance Fund; a CNY 520 million funding infusion to subsidiary Nantong Baichuan New Materials; the entry into mass production of its 2GWh lithium-ion battery and battery pack project; and 2024 full-year revenue of 5.556 billion yuan (up 35.10% year-over-year) with net profit attributable to shareholders turning positive at 0.109 billion yuan. In July 2025, the company confirmed ongoing mass production of its anode project and long-term stable partnerships with leading domestic graphite electrode manufacturers amid U.S. graphite duties; its subsidiary Haiji New Energy advances sodium-ion battery R&D with finished products released but no immediate production plans; and it maintains sustained needle coke output without current liquid-cooled server or photoresist production.