News Details
Market Highlight—Zhongxin Fluoromaterials Debuts on the Shenzhen Stock Exchange Today; Its Future Development Plans Receive Market Recognition
Release time:
2018-03-22
On December 5, 2017, Zhejiang Zhongxin Fluoromaterials Co., Ltd. successfully listed on the Shenzhen Stock Exchange, with stock code 002915 and an issue price of 6.43 yuan per share. Due to strong market optimism about the company’s industry position and growth prospects, its stock price opened at the daily upper limit of * yuan per share, representing a gain of 4*%.
R&D capabilities help expand our business footprint.
It is understood that since its establishment, Zhongxin Fluoromaterials has been dedicated to the R&D, production, and sales of fluorine-containing fine chemicals. After years of development and accumulation, the company’s products now cover fields such as pharmaceutical intermediates, agrochemical intermediates, new materials, and electronic chemicals. The company stated that in the future, it will focus on these product areas, step up efforts in developing new products, and actively expand its product portfolio, thereby shaping a development strategy centered around three core business segments: pharmaceutical intermediates, agrochemical intermediates, new materials, and electronic chemicals.
In recent years, Zhongxin Fluoromaterials has closely followed the development trends of cutting-edge technologies in the domestic and international fine-fluorine chemical industry, increased its R&D investment, and created an excellent technological and developmental environment. The company stated that, in order to continuously enhance its overall R&D capabilities, on the one hand, it will fully leverage its own research strengths, actively adopt internationally advanced R&D concepts, attract and cultivate innovative talents, and build world-class hardware facilities. Grounded in the R&D of high-end pharmaceutical intermediates and high-end agrochemical intermediates, the company is proactively expanding into the fields of new materials and electronic chemicals. It aims to establish a development model supported by three pillars—high-end pharmaceutical intermediates, high-end agrochemical intermediates, and new materials and electronic chemicals—within the next 3 to 5 years, thereby laying a solid foundation for the company’s sustainable development. On the other hand, the company will strengthen industry-academia-research cooperation and further deepen its strategic partnerships with leading high-tech enterprises both domestically and internationally. Building upon its highly effective collaboration with research institutions such as Zhejiang University of Technology and Shaoxing University of Arts and Sciences, the company will continue to deepen its partnerships with top-tier domestic and international high-tech enterprises, gradually evolving into a community of shared interests. Together, they will jointly conduct research on new products and technologies, drive technological advancement, create mutually complementary industrial chains, and collaboratively explore new markets.
Differentiated market positioning expands growth potential.
As is well known, market development and business expansion are critical to a company’s survival and growth. Building on its existing market advantages, Zhongxin Fluoromaterials regularly participates in specialized trade shows and industry association events both domestically and internationally, continuously enhancing the exchange of market information about its products. This, in turn, improves the company’s market responsiveness and elevates its marketing management capabilities. Moreover, by leveraging internal resource integration, the company achieves shared use of market resources, thereby reducing sales costs and further consolidating, expanding, and deeply developing its existing market share. At the same time, through precise market positioning and segmentation, the company develops differentiated products tailored to the unique needs of various markets and different user groups, and implements targeted sales and service strategies, thus enhancing its ability to lead the market.
It's worth mentioning that ， In the future, the company will intensify its efforts to attract top talent, continuously recruiting senior professionals in R&D, technology, marketing, management, and finance, and establishing a talent pipeline reserve system. At the same time, the company will continue to enhance its workforce competitiveness by refining its incentive and performance evaluation systems and introducing employee equity incentive plans.
Zhongxin Fluoromaterials stated that, following its successful entry into the capital market, the company will further enhance its strengths in technology, products, and talent through the construction of the newly raised funds’ investment projects. This will enable the company to maintain its leading position in the fine fluorochemical industry, cultivate new profit growth drivers, and achieve sustainable development.
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