Red Avenue New Materials · A+H Listed

From resins to semiconductor photoresists,
powering China's import substitution in advanced electronic materials

We are more than a chemicals manufacturer. Built on 20+ years of resin R&D, we have grown into an integrated high-tech electronic chemicals platform — China's No.1 domestic supplier of semiconductor and display photoresists, and the engine behind our second growth curve.

SCROLL
0B
2025 Revenue (RMB) · Consecutive Growth
0%
No.1 Global Tire Phenolic Resin Additives
0%
No.1 Domestic Share, China TFT Photoresist
0B
2025 Net Profit (RMB) · 16.9% of Revenue
No.1 Global Tire Phenolic Resin Rubber Additives, 41.4% share No.1 Domestic China Semiconductor Photoresist 26.2% China TFT Photoresist Market Share 399 Registered Patents in China Top 20 Global Tire Makers as Customers · 70%+ Market Share EcoVadis Platinum First in Asia-Pacific Industry BASF Licensed PBAT Biodegradable Materials
Dual Engine

A New-Materials Platform Powered by Two Engines

A steady base business paired with a fast-growing engine — on one hand, globally leading tire rubber chemicals; on the other, import-substituting electronic materials and fully biodegradable materials.

Second Growth Curve Electronic Materials
Second Growth Curve · Electronic Materials

From Chemicals Manufacturing to High-Tech Electronic Chemicals

Roughly half of a semiconductor photoresist's composition is resin. We have translated 20+ years of resin expertise into photoresists, CMP polishing pads and high-purity reagents — this is not a pivot, but a natural extension of our capabilities. Electronic materials have become the company's core revenue growth engine, targeting the critical-material "chokepoints" in China's semiconductor and display supply chains.

#1 Domestic
China Semiconductor & TFT Photoresist
¥1.4Trillion
China IC Market, 2025 · 8.2% CAGR
DUV
Core Photoresist Technology
Explore Electronic Materials →
The Moat

Not a Pivot — an Extension of Capability

Roughly half of a photoresist's composition is resin. Twenty-plus years of resin R&D — and a proven path from lab formulation to mass-production scale-up — form the underlying moat behind our entry into electronic materials.

⚗️

Core Resin Capability

Resin accounts for roughly 50% of a photoresist; 20+ years of design and mass-production experience have produced reusable material-design IP.

🔬

0→1 to 1→N

A complete qualification pipeline: sample submission → offline → online/STR → MSTR → purchase order → line changeover → 100% line changeover.

🌱

Green New Materials

Licensed by BASF to manufacture certified PBAT, building out our fully biodegradable-materials portfolio in step with dual-carbon goals and SBTi.

Milestones

Our Journey

1999

Founded in the international trade of tire chemical materials

2005

Expanded upstream, established production bases

2018

Listed on the Shanghai Stock Exchange (603650)

2020

Strategic investment and acquisitions, entering electronic materials

2022

Developed PBAT, entering fully biodegradable materials

2026

Advancing the H-share global offering, moving toward an A+H structure

Market Position

A Leading Position Validated by the Market and Our Customers

Top 20 Global Tire Makers

Customers together account for 70%+ of the global tire market; repeatedly named "Best Supplier of the Year" and "Strategic Supplier."

8″ / 12″ Fabs

Our electronic materials have been qualified at multiple leading 8-inch and 12-inch wafer fabs in China.

Frost & Sullivan

No.1 globally and in China for phenolic resin rubber additives in 2025; No.1 domestic in China for semiconductor and TFT photoresists.

Sustainability · ESG 2025

Building Green Innovation Into Every Material

Data sourced from the "Red Avenue New Materials 2025 Sustainability Report."

Platinum

EcoVadis Platinum Rating
First in the industry in Asia-Pacific · Top 1% globally

0.20

tCO₂e / RMB 10k
Revenue-based carbon intensity (Scope 1+2)

100%

ISO 14001 / 45001 / 9001
Certification coverage

34,486

MWh of Green Power
Purchased renewables + on-site solar

0

Data breaches & corruption incidents
100% supplier ESG assessment coverage

SBTi

Science-Based Targets
Commitment submitted by Huaqi Chemical