Hongbaoli Group Corporation, Ltd. (SZSE: 002165)

About Hongbaoli Group Corporation, Ltd.

Hongbaoli Group Corporation, Ltd., a Chinese enterprise, specializes in the research, development, production, and distribution of polyether and isopropanol products within China. The company offers polyether polyol, a crucial component for materials utilized in refrigerator insulation, spray foam, building boards, and pipe insulation. Its product range also encompasses polyurethane exterior insulation boards, designed for diverse wall insulation needs, including external, internal, and self-insulating systems. Additionally, Hongbaoli supplies isopropanolamine, which serves various applications such as surfactants, pharmaceutical and pesticide intermediates, metalworking fluids, and in the oil and natural gas sectors. Further expanding its chemical portfolio, the company manufactures propylene oxide, a key precursor for polyether polyols, propylene glycol and ethers, lubricant synthesis, and an ingredient in surfactants, detergents, and insecticides. Another significant product is dicumyl peroxide, which functions as a rubber vulcanizing agent, cable crosslinker, shoe material initiator, and flame retardant additive. Hongbaoli also provides essential materials for lithium batteries. Beyond its core chemical manufacturing, the group delivers supply chain finance services. Its extensive customer base spans numerous industries, including home appliances, construction, flexible packaging, transportation, footwear, medical, and electronics. The company demonstrates an international presence, exporting its goods to approximately 50 countries and regions globally. Founded in 1994 and headquartered in Nanjing, China, the company was initially known as Nanjing Hongbaoli Corporation, Ltd. before officially adopting its current name, Hongbaoli Group Corporation, Ltd., in May 2015.

ISIN

CNE1000006Q3

Founded

1987

Listed since

Sep 13, 2007

Exchange

Shenzhen Stock Exchange

Currency

CNY