Company profile

Zhejiang Zhongxin Fluorine Materials Co., Ltd. (stock code 002915) was founded in August 2000 with a registered capital of CNY 328 million. At present, Zhongxin is a national key high-tech enterprise specializing in the research, development, production and sales of fluorine fine chemicals. Under the support of the whole industry chain of fluorite- hydrogen fluoride-fine chemicals, our products are widely used in many fields such as pharmaceuticals, pesticides, environment-friendly refrigerants, new energy, new materials and electronic chemicals, etc.

 

Now, our company has three wholly-owned subsidiaries in Sanming city of Fujian province, Shanghai Free Trade Zone, and Shangyu city of Zhejiang province, with more than 980 employees. At the same time, our company has 800,000 square meters of production bases in Shangyu city of Zhejiang province, Sanming city of Fujian province, and Yingtan city of Jiangxi province. At present, our total asset reaches CNY 3.136 billion, the annual business scale has exceeded CNY 1.6 billion and the profits and taxes have exceeded CNY 200 million. In recent years, our company has won a number of titles, including "National Specialized-Precise-Special-New 'Little Giant' Enterprise", "A Specialized-Precise-Special-New Small and Medium-sized Enterprise in Zhejiang Province", "China's Top 100 Fine Chemical Enterprise" and so on. 


Moreover, our company has a province-level enterprise research institute—Zhejiang Zhongxin Fluorinated Chemicals and New Materials Research Institute, which has been authorized 3 international patents, 46 national patents, and 30 province-level technological achievements appraisals. We also participated in 4 national-level projects, and our independent research and development projects obtained 6 province-level and ministry-level honors, including the first prize of National Commercial Science and Technology Progress Award, the second prize of Zhejiang Province-level Technological Invention Award, and the first prize of Zhejiang Province Chemical Industry Science and Technology Award.


Adhering to the business philosophy of "integrity, professionalism, and eternity", Zhongxin will always fulfill this corporate mission of "technological innovation, and green development", and abide by such cultural spirit of "gathering people, finding ways, and achieving business".

 

Industry
Industry general situation


Fluorination industry has become one of the fastest growing, most technological and developmental sub sectors of chemical industry in China. It is also known as "gold industry" abroad. With the progress of technology, the application range of fluorine chemical products is expanding to a wider, deeper and more advanced field. In 2011, as the price of the whole industry chain rose sharply, the output value of the whole industry increased to 30 billion 200 million yuan, the increase of 41.1% in the last year, and up to 76.5% in 2012. With the continuous and rapid development of economy, the annual growth rate of fluoride demand in China will remain at around 30%. Especially the rapid development of automobile, electronic information, construction and petrochemical industry will provide broader market space for fluorine chemical industry.

 

Fluorine chemical industry does not take oil and natural gas as the main raw material, and has little correlation with oil price. The increasing tension of global energy has provided huge space for the development of fluorosilicone materials. Fluorine product is a new high performance chemical material, the production technology is complex, the whole price is higher than the material of petroleum and natural gas. With the rising price of petroleum products, the price gap between the two is gradually narrowing, which provides a broad space for the expansion and application of fluorine materials. The total production capacity of fluoropolymer in the world is about 220 thousand tons / year. China's capacity is about 40 thousand tons / year, accounting for 18% of the world's total capacity. It has become the second largest fluoropolymer producer in the world. With the enhancement of economic strength and the improvement of the people's living standards, the growth rate of China's demand for fluorine products will be far higher than the global average. In the 10 years of 2010~2020, the global demand for fluoropolymer will remain the same increase, and the global average demand growth rate of fluorine products will be over 3%. It is expected that in the period of "11th Five-Year", the annual growth rate of fluoropolymer in China will remain 15%, and the production capacity will reach 70 thousand tons per year in 2010, and the total output is close to 50 thousand tons per year.

 

From the perspective of various types of fluoride products, freon-12 into recession, the alternatives would therefore appear broad market; fluorine resin entering the mature stage, the main products of PTFE intensified competition; fluorine rubber into the growth period, with the development of China's automobile industry, fluorine rubber will appear obvious growth; then with fluorine coating building, chemical industry growth and growth; development space and fluorinated fine chemicals in the future. The domestic CFC substitute CFC products and the gross profit margin remained above 20%, while for fluorine rubber, FEP and fluorine fine chemicals, due to strong market demand, competition is weak, will continue to maintain a high level of gross profit of more than 30% in the next 3 years.

 

"2015-2020 years China fluorine chemical industry market research and forecasting and benchmarking enterprise analysis report" on fluorine chemical industry related factors specific investigation, research and analysis, the evolution trend of fluorine chemical industry insight into the future direction of development, the fluorine chemical industry competition pattern and fluorine chemical technology standard, fluorine fluorine chemical industry, market size and potential problems the crux of the development of fluorine chemical industry, evaluation of fluorine chemical industry investment value, fluorine chemical effect and benefit degree, put forward some constructive opinions and suggestions, provide a reference for the fluorine chemical industry investment decision makers and operators of fluorine chemical enterprise.

 

History


  • 2000

    Shangyu Zhongxin Chemical Co., Ltd. was established.

  • 2007 

    it was reformed to Zhejiang Zhongxin Chemical Limited Liability Company.

  • 2007 

    it started to hold Shangyu Zhongke Baiyun Fine Chemical Research and Development Co., Ltd.
    (known as Shaoxing Zhongke Baiyun Chemical Technology Co., Ltd.)

  • 2015 

    it was renamed as Zhejiang Zhongxin Fluoride Materials Limited
    Liability Company

  • 2017 

    On December 5, 2017, it was listed on the Shenzhen Stock Exchange

  • 2019 

    In August 2019, it acquired Fujian Gaobao Mining Co., Ltd.

  • 2021 

    In August 2021, the non-public issuance of shares raised CNY 442 million

  • 2022 

    In July 2022, it held the shares of Jiangxi Aikesen Chemical Materials Co., Ltd.

Company Member

Shaoxing Zhongke Baiyun Chemical Technology Co., Ltd.

(wholly-owned subsidiaries)

Shaoxing Zhongke Baiyun Chemical Technology Co., Ltd. (primary Shangyu Zhongke Baiyun Fine Chemical Research and Development Co., Ltd.) is a comprehensive company engaged in technique research, pilot production, product selling and technology promotion of chemical bulk material and intermediates. Business scope covers technical research of fine chemicals, technological transfer of high-tech chemical, technology consulting, service and testing of fine chemicals, chemical materials, mechanical equipment and fittings, metal materials, cargo import and export. Permitted operation scope: explosive hazardous chemicals, for example, potassium borohydride and other hazardous chemicals, such as, acetylchloride, alchlor, ethyl alcohol, fluorinaon, potassium fluoride, thionyl chloride, caustic soda liquid, piperazine, glycol dimethyl ether and dimethyl sulfate.

Our company stands on technology innovation and devotes to synthetic technique of bulk material and intermediate, product manufacturing and technology promotion. Through years of development, we have accumulated rich experience in bulk pharmaceutical material and intermediates fields. And large production scale has been formed. Expect of normal reaction, our company is professional in halogen-exchange fluorination, halogenating reaction, nitration, Schiemann, Sandmeyer reaction, Friedel-Crafts reacition, organic metal reaction and many kinds of reducing reaction. We can complete some research and reaction under special condition, for example, high temperature reaction (350℃, hot oil bath), low temperature reaction(-100℃, liquid nitrogen bath), low and low pressure reaction(less than 100MPa).
Nowadays we can carry out synthesis form gram grade to kg grade in our research center and we can complete kg grade to hundred kg grade production in our glass equipment pilot workshop, and hundred kg grade production to tons level scale production in our pilot workshop.

 

 

 

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