002001NHUSZSE

Zhejiang NHU Co., Ltd.

新和成

002001

Shenzhen Stock Exchange

BoardMain Board of Shenzhen Stock Exchange
IndustryPharmaceutical Manufacturing
ISINCNE000001J84
ListedJune 25, 2004
Websitewww.cnhu.com
IR Email002001@cnhu.com
Phone(+86)575-86017157
AddressNo. 418, Xinchang Dadao West Road,Xinchang, Zhejiang, P.R.China

Company Profile

Since its establishment, the Company has focused on fine chemicals, and adhered to innovation-driven development. Through decades of development, it has gradually formed an industrial system with nutrition, flavor and fragrance, new polymer materials and APIs as its main business. The market share of its main products is among the top tier in the world market. The Company’s core competitiveness lies in its cooperate culture, R&D, management, talent and brand. 1. Corporate culture Adhering to the enterprise objective of “creating wealth, employees’ success, and benefit the society”, core values of “new, harmony, union”, business philosophy of “create wealth, balanced and sustainable”, and enterprise spirit of “realism, innovation, high-quality and efficiency”, the Company innovates its operation, and continuously improves management, to ensure the steady development. Under the guidance of the “teacher culture”, the Company pursues high-quality and sustainable development, creates spiritual wealth and material wealth, provides a platform and opportunity for employees to develop and realize life value, and contributes to social innovation development, green development, and shared development. 2. R&D The company adheres to the research and development concept of "demand-oriented, internal and external integration", and has invested more than 5% of its operating income in research and development for many consecutive years. Through the establishment of an innovative organizational structure at three levels of science, technology and application, the company has formed a three-level innovative research and development system of scientific research, technology transformation and technology application, and formed a research and development model with the General research Institute as the core, research branches, four production bases, Xinhecheng-Zhejiang University joint research and development center, and external scientific research cooperation institutions. It has been rated as a national enterprise technology center, a national postdoctoral research workstation, and a national model academician expert workstation. 3. Production management The Company has always been adhering to the production strategy based on the principle of “production and sales coordination, efficient operation, excellent quality, and cost leadership” and the HSE guideline of “safety first, green development, full participation, and continuous improvement”. The Company takes planning as the goal, cost management as the main line, and maximizing company benefits as the principle for the allocation of resources. Through oriented management and the cyclic operation of planning, organization, implementation and control of the operation process, the Company continuously strengthens the level of cost control. Meanwhile, it also improves the level of digitalization and intelligence. Through process reform, efficient management, and intelligent operation, it promotes the continuous improvement of management efficiency. In addition, the Company is committed to the development of green chemicals, vigorously promotes clean production, recyclable economy and 7S on-site management, and adopts an environmental governance model that focuses on source control and final disposal. It is determined to take the road of sustainable development. 4. Process and equipment The Company values highly the effective combination of process and equipment. It has a process and equipment research institute, and cooperates with famous engineering companies and scientific research institutes at home and abroad. Through the introduction, digestion, absorption and re-innovation of advanced technologies, the Company improves the overall level of its process and equipment. The Company is dedicated to the R&D of process and equipment towards larger scale, better airtightness, greater continuity, and higher level of automation, aiming to save energy and reduce emissions, to improve productivity and product quality, to increase the intrinsic safety of production process, to lower production costs, and to improve the level of automation. 5. Talent The company has always adhered to the management concept of "standardized and efficient" and the employment concept of "both virtue and talent, people and posts matching", and has shaped a pioneering and innovative, pragmatic, and efficient talent team and a long-term stable and excellent management team with a high sense of responsibility, to promote the sustainable, healthy and rapid development of the company. The company continues to strengthen the construction of talent supply chain, constantly improve the talent training system, strengthen the training of "management talents, skilled talents, international talents, core technical talents, and leadership talents", systematically train and reserve college students, introduce various professional talents, continue to promote the training of reserve cadres such as the sailing class and the departure class, and promote the cross-sequence rotation training of the font type. Promote the improvement of management and professional ability, and build a balanced talent structure. 6. Brand The company adheres to the "integrity-based", and has always adhered to serving customers and creating industry value with customers as the goal pursued by enterprises over the years. Through technological innovation, the company continues to provide customers with safe and high-quality products and efficient and satisfactory services. After years of development and accumulation, the company has won many honorary titles in the global fine chemical industry, such as one of China's top ten feed additive brands, one of the country's large vitamin feed additive enterprises, and won the list of China's top 500 petroleum and chemical enterprises (comprehensive) and China's top 100 basic chemical raw material manufacturing enterprises. Good market reputation has laid a solid foundation for the healthy and long-term development of the company. 7. Globalization Globally oriented, the company has set up overseas sales companies in Hong Kong, Singapore, Germany, Mexico, Brazil and other regions or countries, and built overseas research institutes in Singapore to connect global innovation resources, providing comprehensive solutions in the fields of nutrition and health, daily care, transportation, environmental protection, energy, and other fields for customers in more than 100 countries and regions around the world. We will strive to optimize the allocation of resources at home and abroad, help expand overseas markets and provide localized services, and continue to move toward "Global NHU". 8. Intelligent Manufacturing The company establishes the "one headquarters and multiple bases" management and control mode, builds a large-middle desk technical route with new and successful characteristics, and strengthens the awareness of data management and the management platform support system by building the business center, data center and technology center, so as to realize the smooth management process of the headquarters and production base, the same source of business data, and supports the efficient business decision-making of enterprises. The company constantly promotes automation, informatization and digitalization, strives to create a new and characteristic intelligent manufacturing system, build smart factories, promote intelligent operation management, achieve efficient, flexible, punctual, lean production of high-quality products, better meet and serve customers, and shape new advantages of industrial competition.

Full description

The Company is a national high-tech company mainly engaged in the production and sales of nutrition, flavor and fragrance, new polymer materials, and APIs. It focuses on fine chemicals, adheres to the concept of innovation-led development and competition-driven growth, and continuously develops various functional chemicals based on the two core platforms of chemical and biology, providing value-added services and solutions to customers in more than 100 countries and regions around the world. It continuously improves the quality of human life with high-quality, healthy and green products, and creates sustainable value for stakeholders. With leading technology, scientific management and sincere service, the Company has become one of the four major world vitamin manufacturers, one of the top 100 national fine chemical companies, one of the top 10 companies in China’s light of industry fragrance and a well-known special engineering plastics manufacturer. Nutrition: The current products mainly cover vitamins, amino acids and pigments, etc. Specific products include vitamin E, vitamin A, vitamin C, methionine, vitamin D3, biotin, coenzyme Q10, carotenoids, vitamin B5, vitamin B6, vitamin B12, serine, cysteine, tryptophanetc. They are mainly used in feed additives and nutrition supplements of food, beverages, health food, etc. The Company actively implements the serialized and differentiated development of nutrition, and continuously improves the competitiveness of its products by optimizing the processing line and tackling key issues. In addition, through internal integration and external cooperation, it embraces the ideology of open cooperation. It actively deploys cutting-edge biotechnology, and builds the Company’s “Bio+” platform. Flavor and fragrance: At present, our main fragrance products include linalool, citral, and cis-3-hexenol series, and methyl dihydrojasmonate, raspberry ketone and ligustral, which are widely used in personal care, cosmetic and food fields. From the perspective of competitiveness and market share, NHU becomes an important supplier in the global flavor and fragrance industry. The company continuously enriches the varieties of fragrance products to meet the changing market demands. New polymer materials: The Company focuses on the development of high molecular polymers and key intermediates, and appropriately develops downstream applications of materials according to the principles of integration and serialization. The entire industry chain of PPS from raw materials to high molecular polymers, then through modifying processing to special fibers has enabled the Company as the only company in China that can stably produce fiber grade, injection molding grade, extrusion grade and coating grade PPS. The main products include PPS and PPA. They are mainly used in electronic and electrical, automotive, environmental protection, etc. APIs: The main products are concentrated in the series of vitamins and antibiotics. The main products include moxifloxacin hydrochloride, vitamin A, vitamin D3, caronic anhydride, azabicyclic, etc., which are mainly used as active pharmaceutical ingredients for processing and producing pharmaceutical preparations.

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