603650 Red Avenue New Materials Group

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36.09
+0.81+2.30%

Market Closed Dec 20 15:00 CST

21.62BMarket Cap43.64P/E (TTM)

About Red Avenue New Materials Group Company

The company is a leading global integrated service provider for new materials. The company's vision is to promote the sustainable development of new materials products in China in an innovative and responsible manner. The company is mainly engaged in R&D, production, sales and related trade of new materials. It is the world's leading comprehensive service provider for new materials. Its main business includes three business segments: electronic materials, special materials for automobiles/tires, and fully biodegradable materials. The company's main products are semiconductor photoresists, display panel photoresists, phenolic resins for rubber, and fully biodegradable materials. Corporate honors: The company received honors such as the second prize of the “Huaqi Cup” Outstanding Paper at the 10th National Rubber Additives Technology Conference and Tongcheng National Laboratory.

Company Profile

Short Name-A彤程新材

Symbol-A603650

Company NameRed Avenue New Materials Group Co., Ltd.

Listing DateJun 27, 2018

Issue Price12.32

Shares Offered58.80M share(s)

FoundedJun 4, 2008

Listed ExchangeSH Stock Exchange

Legal RepresentativeZhang Ning

General Managerlin ding

Secretarykai hao

Accounting FirmErnst & Young Huaming Certified Public Accountants (Special General Partnership)

Securities Representativening wang

Legal CounselShanghai AllBright Law Firm

Employees47

Phone021-62109966

Office AddressRoom 2501, 25th Floor, Shanghai Center, 501 Yincheng Middle Road, China (Shanghai) Pilot Free Trade Zone

Zip Code200120

Registered AddressRoom 2501, 25th Floor, Shanghai Center, 501 Yincheng Middle Road, China (Shanghai) Pilot Free Trade Zone

Fax021-52371633

Emailsecurities@rachem.com

Websitehttp://www.rachem.com

Business License310225000603989

BusinessSales of special electronic materials; manufacturing of special electronic materials; research and development of special electronic materials; technical services, technology development, technical consultation, technology exchange, technology transfer, technology promotion; biobased material sales; biobased material manufacturing; biobased material technology research and development (excluding human stem cells, genetic diagnosis and treatment technology development and application); chemical raw materials and products (excluding hazardous chemicals and civilian explosives), rubber and plastic products, hardware and electrical products, mechanical equipment, communication equipment, instruments, electronic components, computer software, hardware and accessories (excluding audio-visual products), Wholesale, import, export, and commission agents for stainless steel materials and valves (excluding auctions), and providing related supporting services (products not involving state-owned trade management), business information consulting, business marketing planning; technology development, proprietary technology transfer, related technical advice and technical services in the field of chemical technology; investment consulting; warehousing (except hazardous chemicals) (limited to branch operations) [Projects subject to approval by relevant departments can only be carried out after approval by relevant departments]