300196ChanghaiSZSE

Jiangsu Changhai Composite Materials Co., Ltd.

长海股份

300196

Shenzhen Stock Exchange

BoardChiNext of Shenzhen Stock Exchange
IndustryNonmetal Minerals Products Manufacturing
ListedMarch 29, 2011
Websitewww.changhaigfrp.com
IR Emailfinance@changhaigfrp.com
Phone(+86)519-88712521
AddressNo. 308, Changhong East Road, Yaoguan Town, Wujin District, Changzhou, Jiangsu

Company Profile

1. The company is one of the few fiberglass enterprises in China that possess a complete industrial chain covering fiberglass production, deep processing of fiberglass products, and manufacturing of fiberglass composite materials. It is also one of the largest integrated producers of non-woven fiberglass products in China, and is among the few high-tech enterprises in the country capable of manufacturing high-end fiberglass mat products and continuously deepening the processing of these products. 2. The company has a vertical industrial chain mainly consisting of fiberglass yarn, fiberglass products, and fiberglass composite materials, and a horizontal industrial chain through its subsidiary Tianma Group, which mainly includes fiberglass yarn, fiberglass products, chemical products, and fiberglass reinforced plastic products. Through integration, the company has extended its horizontal and vertical industrial chains, formed an industrial chain advantage, and improved labor productivity. The company and its subsidiary Tianma Group have a very high degree of correlation in terms of raw materials, products, equipment, and customers. The chemical auxiliary materials produced by Tianma Group are one of the important raw materials for various fiberglass products of the company. The fiberglass reinforced materials of Tianma Group use fiberglass products such as chopped strand mats and glass fiber tissue produced by the company, forming a relatively complete industrial chain of fiberglass yarn - fiberglass products - resin - fiberglass composite materials. At the same time, the company optimizes the allocation of relevant business resources and reduces raw material costs and related expenses. The company incorporates the operation and management and technical research work of Tianma Group into the overall planning of the company, and both parties learn from each other's strengths, coordinate resources, and jointly improve, thereby enhancing the company's market competitiveness. Through the integration of the sales team, the company and Tianma Group can fully exert their synergy in market expansion, customer resource sharing, etc., thereby achieving and sharing broader and higher-quality market resources and achieving common development. 3. Since its establishment, the company has always emphasized product quality and has established strict quality control and management systems to ensure that each link from raw material procurement to the delivery of finished products undergoes strict quality inspection. Through appropriate rewards and punishments, employees attach importance to product quality and improve the quality rate of products. The responsibility contracting system is adopted to enhance the sense of responsibility and enthusiasm of workshop employees. Through the comprehensive quality management system, the quality awareness of all employees is improved, and products are strictly tested to ensure the quality level of products at the time of delivery. It is precisely under such strict conditions that the "Changhai" brand has been recognized and accepted by customers, and chopped strand mats and glass fiber tissue have become the leaders in the specialized industry, having a certain degree of discourse power. The company adheres to integrity, wins the trust of customers with excellent product quality and good after-sales service, and gradually forms a good reputation and brand effect.

Full description

Jiangsu Changhai Composite Materials Co., LTD. (hereinafter referred to as the "Company") has been focusing on the research and development, production and sales of glass fiber products and glass fiber composite materials for many years, providing high-performance integrated solutions for composite materials. The main products include glass fiber yarn, chopped strand mat, glass fiber tissue, AGM composite separator, coated tissue etc., becoming the leader in the segmentation for chopped strand mat and glass fiber tissue. Glass fiber and its products are an important category of inorganic non-metallic materials, with insulation, heat resistance, corrosion resistance, high mechanical strength and many other properties. They are widely used in construction materials, rail transit, petrochemical, automobile manufacturing and other major national economic fields, and belong to the new material field advocated by the state for priority development. The company has a glass fiber yarn production capacity of 300,000 tons, glass fiber yarn is the base material of glass fiber products; chopped strand mat is widely used in automobile ceiling, truck box, sanitary ware, large storage tank, transparent plate and so on. glass fiber tissue can be used for interior and exterior decoration, roof waterproof, electronic substrate and so on. Composite separator can be used in battery; coated tissue can be used in building materials. In addition to glass fiber business, the company conducts research and development, production and sales of resins through its subsidiary Tianma Group. The main products are unsaturated polyester resin, which can be composed of composite materials with glass fiber and other materials. It has the characteristics of light weight, high strength and multi-function, and is widely used in industry, transportation, transportation, national defense, electronics and other fields. The resin products of the company are the important raw materials of glass fiber composites, which is the extension of the industrial chain of the company's main business.

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