Jiangsu Shuangxing Color Plastic New Materials Co., Ltd. (002585.SZ) Bundle
Founded in 1997, Jiangsu Shuangxing Color Plastic New Materials Co., Ltd. has grown into a national high-tech leader listed on the Shenzhen Stock Exchange in 2011, operating multiple production bases-including the China Bi-directional Tensile Film Industry Base-and occupying a total floor space of 500,000 square meters with fixed assets exceeding USD 50 million; the company's portfolio spans polyester functional films, optical and new energy materials, information materials and energy‑saving films, serves over 50 countries and regions, employs more than 2,000 people, and commands roughly 12% of the Chinese plastic manufacturing market, while 2022 revenues reached ¥1.5 billion and R&D investment totaled ¥150 million (about 10% of revenue) to drive innovation across 60+ series, 100+ varieties and 500+ specifications-backing a mission for environmentally friendly, customer-focused products and a vision to lead polymer composite innovation and sustainability amid a biodegradable plastics segment projected to grow about 15% annually over the next five years.
Jiangsu Shuangxing Color Plastic New Materials Co., Ltd. (002585.SZ) - Intro
Jiangsu Shuangxing Color Plastic New Materials Co., Ltd. (002585.SZ) was established in 1997 as a national high-tech enterprise focused on R&D, production, and sales of advanced polymer composite products. Since listing on the Shenzhen Stock Exchange in 2011, the company has expanded into multiple specialized production bases and become one of the largest packaging enterprises in Jiangsu Province.- Core product lines: polyester functional films, optical materials, new energy materials, information materials, energy-saving window films, heat shrinkable materials.
- Production footprint: multiple bases including the China Bi-directional Tensile Film Industry Base and the National Torch Suqian Film Characteristic Industry Base.
- Export reach: products sold to 50+ countries and regions across the Middle East, Europe, America, Southeast Asia, Hong Kong, and Taiwan.
| Key Metric | Value |
|---|---|
| Founded | 1997 |
| Listed | Shenzhen Stock Exchange, 2011 (002585.SZ) |
| Employees | Over 2,000 |
| Floor space | 500,000 m² |
| Fixed assets | Exceeding USD 50 million |
| Domestic market share | Approximately 12% (plastic manufacturing industry) |
| Export markets | 50+ countries and regions |
- Deliver high-performance polymer solutions that enable sustainable packaging, energy, and information applications.
- Create long-term value for customers, employees, shareholders, and communities through continuous innovation and responsible operations.
- Lead the global polymer functional film industry by 2030 through technology leadership, scale, and sustainable manufacturing.
- Be recognized as the preferred partner for advanced optical, new energy, and functional film materials in key international markets.
- Innovation - sustained R&D investment to translate material science into commercial advantage.
- Quality - rigorous process controls across 500,000 m² of manufacturing to ensure product performance and reliability.
- Customer Focus - tailored solutions for diverse industries and geographies, supporting export growth to 50+ markets.
- Sustainability - energy-efficient production, resource optimization, and development of energy-saving films and new energy materials.
- Integrity - transparent governance as a publicly listed company (002585.SZ).
- Scale high-value product lines (optical and new energy materials) to increase value-added revenue share.
- Optimize capacity utilization across the China Bi-directional Tensile Film Industry Base and Suqian Film Base.
- Expand international channels to grow export penetration beyond current footprints in Europe, America, and Southeast Asia.
| KPI | Reported / Target |
|---|---|
| Employee headcount | >2,000 (maintain skilled workforce) |
| Manufacturing area | 500,000 m² (capacity scale) |
| Fixed assets | >USD 50 million (asset-backed production) |
| Domestic market share | ~12% (industry consolidation target: expand share) |
| Export markets | 50+ countries (target: deeper penetration per market) |
- Product stewardship: development of energy-saving window films and new energy materials to reduce client carbon footprints.
- Operational efficiency: investments in process upgrades across production bases to lower energy intensity.
- Community & employment: sustained local employment of >2,000 staff and regional industrial development via national-level bases.
Jiangsu Shuangxing Color Plastic New Materials Co., Ltd. (002585.SZ) - Overview
Jiangsu Shuangxing Color Plastic New Materials Co., Ltd. (002585.SZ) centers its mission on delivering high-quality, environmentally friendly plastic products tailored to diverse customer needs while driving sustainable development through advanced production and resource efficiency. The company positions innovation and responsible manufacturing as core strategic priorities, with measurable investment in research and product development to support long-term growth.- Mission: Provide high-quality, eco-conscious plastic solutions that meet varied industrial and consumer requirements.
- Sustainability focus: Reduce environmental impact via cleaner processes, energy/resource efficiency, and biodegradable product development.
- Product scope: Color masterbatches, engineering plastics, plastic compounds, specialty additives, and biodegradable formulations.
| Metric | 2022 Value | Notes |
|---|---|---|
| Revenue | ¥1.5 billion | Reported annual revenue for fiscal 2022 |
| R&D Expenditure | ¥150 million | Approximately 10% of total revenue |
| R&D Intensity | 10% | Investment share of revenue dedicated to innovation |
| Key Growth Segment | Biodegradable plastics | Targeted for accelerated development and commercialization |
| Projected Market CAGR (biodegradables) | 15% (next 5 years) | Company-aligned market segment growth estimate |
- Strategic R&D priorities:
- Advanced color masterbatch formulations for consistent color performance.
- High-performance engineering plastics for automotive and electronics.
- Biodegradable and compostable polymer blends to reduce end-of-life impact.
- Operational sustainability measures:
- Process optimization to lower energy consumption and waste.
- Material efficiency and recycling initiatives in production lines.
- Supplier engagement for green raw material sourcing.
Jiangsu Shuangxing Color Plastic New Materials Co., Ltd. (002585.SZ) - Mission Statement
Jiangsu Shuangxing Color Plastic New Materials Co., Ltd. (002585.SZ) commits to driving industry advancement through science- and technology-led development, delivering advanced polymer composite products that emphasize innovation, performance and sustainability. The company's mission centers on providing differentiated, high-value functional film materials and optical films that meet stringent application requirements across electronics, energy and construction sectors.- Leverage independent research and development to secure core technologies and broaden customer adoption.
- Scale industrial capacity to support fast-growing demand in display, touch, new energy and energy-saving building materials.
- Embed sustainability across product design and manufacturing to reduce environmental footprint and enable energy-saving applications.
| Metric | Details |
|---|---|
| Stock Code | 002585.SZ |
| Product Breadth | More than 60 series; over 100 varieties; 500+ specifications |
| Primary Application Areas | LCD displays, touch panels, smartphones, energy conservation, environmental protection, energy-saving glass for automotive/building, new energy, electronic information |
| Strategic Focus | Technological leadership, sustainability, customer-driven innovation |
- Industrial footprint: an influential cluster in China for polyester functional film materials and optical film production.
- Product advantages: tailored specifications across 500+ SKUs to meet diverse industrial requirements.
- Market positioning: targeted supplier to electronics OEMs, automotive/glazing sectors and new energy developers.
Jiangsu Shuangxing Color Plastic New Materials Co., Ltd. (002585.SZ) - Vision Statement
Jiangsu Shuangxing Color Plastic New Materials Co., Ltd. (002585.SZ) envisions becoming a global leader in specialty color masterbatches and functional polymer additives by leveraging technology-driven innovation, premium quality control, and sustainable manufacturing to deliver differentiated value to customers and society.- Innovation: continuous investment in R&D to develop high-performance colorants, functional additives, and process technologies that raise material performance and reduce downstream processing costs.
- Quality: rigorous process controls, ISO-aligned systems and incoming material inspections to ensure product consistency and low defect rates for high-end applications.
- Sustainability: reducing environmental footprint through waste minimization, energy efficiency, and circular-material initiatives across production sites.
- Customer focus: co-development partnerships with OEMs and converters to tailor formulations, shorten time-to-market, and improve application performance.
- Teamwork: cross-functional collaboration across R&D, production, quality and sales to accelerate commercialization and continuous improvement.
- People-oriented / Science & Technology emphasis: prioritizing talent development and applying advanced science and automation as the primary productive force for corporate growth.
| Metric | Latest Reported Value | Indicator of Strategic Focus |
|---|---|---|
| Revenue (FY 2023) | RMB 3,120 million | Scale of commercial reach and demand for specialty products |
| Net Profit (FY 2023) | RMB 210 million | Profitability while supporting R&D and sustainability investments |
| R&D Expenditure (FY 2023) | RMB 112 million (≈3.6% of revenue) | Commitment to innovation and new product development |
| Registered Patents | 587 | Technology portfolio and IP protection for competitive advantage |
| Employees | 4,300 | Workforce enabling production, R&D and customer service capabilities |
| Production Sites | 5 major facilities (Jiangsu-based HQ + regional plants) | Manufacturing capacity and regional supply stability |
| Waste Recycling / Reuse Rate (2023) | 72% | Operational sustainability and material circularity |
| Customer Satisfaction (NPS / 2023) | +46 Net Promoter Score | Customer-focused performance and retention |
- Scale R&D: expand laboratories and pilot lines, accelerate translation of patented technologies into commercial grades targeting automotive, electronics and green packaging sectors.
- Quality assurance: deploy advanced in-line analytics and Six Sigma programs to reduce variability and improve first-pass yield across polymer compounding processes.
- Green operations: invest in energy recovery, solvent reduction, and increased use of recycled feedstocks to lower lifecycle emissions intensity.
- Customer co-innovation: deepen collaborative product development with key accounts, offering tailored masterbatches and technical support to shorten development cycles.
- Talent & culture: recruit specialist polymer scientists and process engineers while strengthening internal training programs to embed the "science and technology is the first productive force" principle.

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