(January 19), Tianjin Rianlon New Materials Co., Ltd. (hereinafter referred to as "Rianlon") (stock code: 300596.SZ) was officially listed on the A-share market.
According to public information, Rianlon is a professional supplier of polymer material anti-aging chemical additives products and services for the global polymer material industry; the company's products include antioxidants, light stabilizers and U-PACK products. Among them, antioxidants and light stabilizers are the main products of the company at present, and U-PACK is the key development direction of the company's business in the future.
The company's products are used in plastics, coatings, rubber, chemical fibers, adhesives and other special polymer materials. The company and BASF, LG Chem, Mitsubishi Chemical, DSM, PPG, LANXESS, Clariant, Asahi Kasei, Sinopec And other well-known polymer material manufacturing companies have formed a good relationship of cooperation, is the supplier of anti-aging chemical additives for the above enterprises.
According to the prospectus,Rianlon's operating income in 2015 and the first half of 2016 was RMB 60,473,200 and RMB 38,037,470 respectively, and its net profit was RMB 73,357,700 and RMB 48,888,800.
Polymer materials have the characteristics of large usage and wide application. The large amount of use means that the annual output of synthetic polymer materials worldwide has exceeded the output of steel materials by volume. Wide application area means a wide range of applications.
According to the disclosure of the prospectus, according to the statistical data of the European Bureau of Statistics, the annual sales of the plastics processing industry in the EU in 2013 reached 212 billion euros, an increase of 5.05% over the 201.8 billion yuan in 2012, which is higher than the growth rate of GDP. Antioxidants, light stabilizers and other polymer chemical additives are essential chemical additives in the application process of polymer materials. The continuous development of the market demand for polymer materials will also drive the demand for chemical additives such as antioxidants and light stabilizers. .