Anshan Hifichem Co., Ltd.

Anshan Hifichem Co., Ltd. is a manufacturing company listed on the ChiNext board of the Shenzhen Stock Exchange since 2019. The company specializes in the production of high-performance organic pigments and new materials, aiming to become a leading international enterprise in the specialized high-end organic materials sector. Anshan Hifichem focuses on innovation and the interconnection of its industrial and innovation chains to support its development strategy. The company operates primarily in three major industrial systems: high-performance organic pigments, special new materials, and material monomers. Its products are utilized across various applications, including inks, coatings, plastics, and construction machinery, among others. Anshan Hifichem has developed a strong technological foundation, with over 100 patents and collaborations with universities and research institutions to enhance its R&D capabilities. The company has established itself as a reliable partner for numerous domestic and international enterprises, leveraging its production capacity and quality management to maintain a competitive edge in the market.

1. Core Product Advantages Compared with classic organic pigments, high-performance organic pigments boast characteristics such as environmental friendliness, bright colors, a comprehensive color range, and high light and weather fastness. They are mainly used in fields with high environmental and safety requirements, including inks, plastics, and coatings—for instance, food packaging inks, automotive paints, and colorants for children's toys. As global environmental protection requirements become more stringent and people's living standards improve, dye and pigment products containing toxic and harmful factors will be gradually phased out, leaving high-performance organic pigments with enormous development potential. However, this industry has high technological and environmental barriers, resulting in a limited number of manufacturers. It is dominated by multinational enterprises such as BASF and Clariant, while only a handful of domestic enterprises have comparative advantages in specific products. 2. Advantages in Process Accumulation and Technological R&D The company is among the early domestic enterprises to achieve the industrialization of benzimidazolone series products. After years of accumulation, it has established a core technology system covering solvent recovery and reuse, surface treatment, and "three wastes" (waste gas, waste water, and solid waste) emission reduction. It has also launched environmentally friendly water-based high-performance organic pigments, which are suitable for the water-based ink and coating industries. A number of the company's products have been awarded titles such as "National Key New Products" and "National Torch Program Projects". The company has participated in the formulation of multiple national standards and taken the lead in drafting a number of industry standards, while holding more than 100 patents and non-patented technologies. Meanwhile, it has built an experienced core R&D team and equipped itself with complete R&D facilities. In addition, it has collaborated with universities and research institutions, and established R&D centers and a central research institute in Anshan and Shanghai to drive innovation and enhance its core competitiveness. 3. Advantages in Core Intermediates Upstream specialty intermediates are a key constraint for the production of high-performance organic pigments in China, as most domestic manufacturers lack the capability for in-house production. Leveraging its strong organic synthesis capabilities, the company prioritizes the development of products for which no specialty intermediates are available in the market. It has mastered the production technologies for core intermediates such as benzimidazolone series (e.g., AABI) and isoindoline series (e.g., phthalonitrile) and achieved mass production. By extending its business upstream along the industrial chain, the company has effectively gained control over the entire chain from basic raw materials to finished products. This not only facilitates quality control of intermediates and improves the quality stability of pigments, but also enables the company to adjust processes and provide customized products according to customer needs. Furthermore, it reduces costs and enhances the competitiveness of its products. 4. Advantages in Customer Resources Relying on its sufficient production capacity, supply and cost advantages brought by in-house intermediate production, and product quality and stability guaranteed by a sound quality management system, Qicai Chemical has gained recognition from many powerful domestic and foreign enterprises and become their stable strategic partner. These partners include BASF, Clariant, Sherwin-Williams Coatings, and Nippon Paint. Stable supply, excellent quality, and a good reputation have increased customer stickiness and continuously strengthened the company's advantages in customer resources. 5. Advantages in Management Team The company has brought together senior innovative talents such as industry experts, doctors, and masters, as well as an experienced and pragmatic management team. The main senior managers all hold a bachelor's degree or above, and most of them have worked in the dye and pigment industry for more than 20 years. The core R&D personnel have filed multiple patents and presided over national key scientific research projects, boasting rich industry experience. 6. Advantages in Product Testing and After-Sales Service Due to the complex application fields of high-performance organic pigments and the varying performance requirements of customers, the company has established a Quality Control Department. Equipped with advanced testing equipment and having developed scientific testing technologies, the department conducts routine inspections on raw materials, intermediates, and finished products. It also carries out special inspections based on customers' usage environments and requirements to ensure that products meet customer needs. In addition, the company has set up an Application Service Department. During sales, it provides customers with technical support and recommends suitable products; during the customer's product usage, it offers after-sales service and answers questions, so as to better meet customer needs. 7. Advantages in Location and Policies Liaoning is an important petrochemical industry base in China, with a solid foundation in fine chemicals and abundant raw materials. The company is located in Anshan, Liaoning Province, a key hub in the Shenyang-Dalian Golden Economic Belt. The development zone where the company is situated takes the company as the leader to drive the development of surrounding industries and was recognized as the "National Torch Anshan Fine Organic New Materials Characteristic Industry Base" in 2014. According to the Industrial Development and Transfer Guidance Catalog issued by the Ministry of Industry and Information Technology in 2018, "dyes, pigments, and green coatings free of carcinogenic aromatic amines" are among the priority industries for Anshan to undertake and develop. The company thus enjoys the combined advantages of location, resources, industry, and policies. 8. Advantages in Environmental Protection The company adheres to the concept of green and sustainable development, and has established an environmental management system and environmental protection policies in accordance with the ISO 14001 standard. It has introduced the EHS (Environment, Health, and Safety) management system and set up a dedicated department. The treatment of "three wastes" meets national and local standards. In terms of safety, the company has taken measures in both project construction and management. It has put into use high-standard safety detection and alarm devices, equipment protection facilities, etc., formulated strict operating procedures, and provided training for employees to strengthen their awareness of safety responsibilities. The sound safety and environmental protection management and facilities not only provide a guarantee for stable production, but also serve as an important core competitiveness for the company to participate in international competition.