Plastics companies market value overview: Kingfa Leads! Swancor, Enjie, and Polymet Follow Closely, 7 Plastics Companies Exceed 10 Billion

Recently, Golden Hair Technology has demonstrated impressive stock performance this year due to its own development and industry opportunities, leading to a substantial increase in its market value. With a market capitalization of 41.6 billion yuan, it ranks first among plastic companies. Additionally, there are 6 publicly listed plastic companies with a market value exceeding 10 billion yuan, showcasing strong market strength. Below, Specialized Plastics Vision will analyze the strength of plastic companies from the perspective of market capitalization.

1. Kingfa Technology: Market value416 billion yuan

The world's largest and most comprehensive modified plastics manufacturer.

Currently, we have four major sectors: modified plastics, new materials, green petrochemicals, and healthcare, with the production capacity of modified plastics reaching... 372 million tons per year, special engineering plastic production capacity of 34,000 tons per year.

In addition to modified plastics, Kingfa is also actively investing in specialty engineering plastics. By the end of 2024, the company will have a production capacity of 21,000 tons of high-temperature nylon PPA, 6,000 tons of liquid crystal polymer LCP, 6,000 tons of PPSU, and a small amount of PEEK capacity. The production capacities of high-temperature nylon and LCP are both the largest in the country.

The company since The company began its overseas expansion in 2013 by acquiring the Indian company Hydro and has consistently maintained its industry presence.The leading pace of going abroad currently has 9 overseas bases, with the overseas modified plastic production capacity reaching 380,000 tons per year.

2. Swancor Advanced Materials: Market Value390 billion yuan

The stock price soared."Internet celebrity" enterprises

Shangwei New Materials has attracted significant attention in the capital market this year."Internet celebrity plastic companies" are still not well understood by many people. Below is an introduction to them.

The company was founded onIn 1992, factories were established in Shanghai, Tianjin, Jiangsu, Nantou in Taiwan, Malaysia, and other locations. The company specializes in the research, development, production, and sales of environmentally friendly high-performance corrosion-resistant materials, materials for wind turbine blades, and new composite materials. The main products include vinyl ester resin, special unsaturated polyester resin, infusion resin for wind turbine blades, hand lay-up resin, adhesives, prepreg resin for wind turbine blade beams, pultrusion resin for wind turbine blade beams, environmentally friendly resins, safety materials for rail transit, and other application series.

Shangwei New Materials' market value is experiencing rapid growth, which may be related to the acquisition event of Zhiyuan Robotics. However, in terms of the company's current situation,The scale is not large, and the revenue level is also low.。

On August 4, Swancor New Materials released its 2025 first-half performance forecast. It is expected to achieve operating revenue of approximately 784 million yuan, an increase of 12.5% compared to the same period last year. The net profit attributable to shareholders is expected to be approximately 29.9 million yuan, a decrease of 32.91% compared to the same period last year.

3. Enjie Co., Ltd.: Market Value301 billion yuan

Leader in Lithium-Ion Battery Plastic Membrane Materials

Enjie Co., Ltd. is the absolute leader in the lithium battery separator industry, leveraging its advantages. With an annual production capacity of 11.7 billion square meters (according to the 2024 annual report), it remains the leader in the industry and has established more than 10 production bases globally. The global market share of wet process separators has exceeded 30% for several consecutive years.

The company is deeply tied to CATL and BYD.LGES, Panasonic, and over 50 leading domestic and international battery companies cover all application scenarios such as power batteries, energy storage, and consumer electronics, becoming an indispensable core part of the global new energy industry chain. In 2024, the company's lithium battery separator shipment volume will reach 8.825 billion square meters, an increase of 42.33% year-on-year, with a capacity utilization rate as high as 92.6%, showcasing its large-scale production capability and market competitiveness.

4. Pretech: Market Value153 billion yuan

Deepening efforts in modified plastics, focusing on the main track of automotive materials.

Purutis is a leading company in the domestic modified plastics industry, focusing on the field of modified plastics for automobiles for decades.

In terms of production capacity layout, with Shanghai as the headquarters, there are production bases in Zhejiang, Chongqing, and other places, with an annual modified plastic production capacity exceeding... 300,000 tons, is one of the few domestic companies capable of competing with international chemical giants.

Products cover modification PP, ABS, PC/ABS alloys, etc., are widely used in automotive interior and exterior decorations, electronics and electrical appliances, and household appliances. The company has made significant inroads in the field of new energy vehicle materials, providing customized solutions for leading car manufacturers such as BYD and Tesla.

Notably, Pulit is also extending and expanding in the new energy battery segment, forming...The "new materials + new energy" dual-driven business model covers core technologies such as key materials, cells, BMS, and system integration, with a current annual production capacity of 15.32GWh.

5. Dawn Shares: Market Value114 billion yuan

Modified plastics and TPE as a pillar, covering multiple downstream sectors.

Dawn Polymer is a benchmark enterprise in the field of polymer composite materials in China, specializing in modified plastics and thermoplastic elastomers.TPE is a core business, with products covering multiple downstream fields such as automotive, home appliances, medical, and packaging. It holds a significant market share, particularly in the field of polyolefin modified materials.

In terms of production capacity layout, with Yantai, Shandong as its headquarters, it has production bases in Qingdao, Ma'anshan, and other locations, with an annual production capacity of modified plastics exceeding... With a production capacity of 200,000 tons, TPE ranks among the top in China. Dawn is currently constructing a TPU project with an annual production capacity of 100,000 tons in phases, as well as a project for 60,000 tons of TPU raw material polyol.

In addition, Dawn recently acquired Dawn Titanium and Anhui Bost, aiming to position itself in the segments of titanium dioxide inorganic chemical new materials and cable insulation materials.

6. Guoen Co., Ltd.:113 billion yuan

Focusing deeply on the chemical and healthcare industries.

Guoen Technology is deeply engaged in the fields of large-scale chemical industry and big health. It is the largest polystyrene manufacturer in China and the second largest domestic brand producer of hollow capsules in China.。

In the major chemical sector, the company primarily focuses on three categories of products: green petrochemical materials, organic polymer modified materials, and organic polymer composite materials. In terms of clientele, the company covers multiple niche areas: in the home appliances and consumer electronics sector, it serves enterprises such as Hisense, Gree, Midea, Huawei, and Xiaomi; in the automotive and new energy sector, it maintains partnerships with BYD, Geely, and CATL; in the optoelectronic materials sector, it provides one-stop product solutions to companies like Hisense, BOE, Huawei, and Samsung.

7. Anhui Wenergy High-Tech: Market Value109 billion yuan

PVA and high-strength high-modulus fibers are the core products.

Wanwei High-Tech is a domestic polyvinyl alcohol (A leading enterprise in the PVA industry, it has been deeply involved in the chemical new materials field for decades. Its core product, PVA, ranks first in production capacity nationwide and is among the top globally. PVA is widely used in textile sizing agents, adhesives, films, and architectural coatings. Additionally, the company has expanded its reach to high-strength high-modulus PVA fibers, polyester chips, vinyl acetate, and other upstream and downstream products, forming a relatively complete industrial chain system.

The production capacity layout is based in Hefei, Anhui as the headquarters, with production bases in Chaohu, Anhui, Shihezi, Xinjiang, and other locations, fully leveraging resource and location advantages to reduce costs. In recent years, the company has actively responded to the green development concept and promoted... The low-carbon transformation of the PVA industry chain, while expanding into emerging fields such as biodegradable materials, will maintain stable revenue growth in 2024. By leveraging in-depth expertise in niche areas and the advantages of the industry chain, it will continue to consolidate its leading position in the industry.

Under the dual trends of "replacing steel with plastic" and "replacing wood with plastic," the demand for plastics in China is continuously rising. This is particularly true for the modified plastics industry, which is experiencing unprecedented development opportunities. From the perspective of the aforementioned seven companies that have exceeded 10 billion, leading enterprises have established a solid industry position in their respective segments by leveraging advantages in technology research and development, capacity layout, and market expansion. They have become the core force driving the upgrade of the plastics industry.

The above are listed plastic companies with a market value exceeding 10 billion. Please like and share. In the next article...The article on the review of plastic companies with a market value of 5 billion yuan will be published earlier.

Editor: Yun Shimong (Carrie)

Source: Northeast Securities, HC Plastics Network