About Red Avenue
Company Profile
Red Avenue New Materials Group Co., Ltd. is a Chinese integrated new-materials service provider focused on advanced chemical products, primarily engaged in the R&D, manufacturing, marketing, sales and distribution of novel chemical materials. We sit in the midstream of the value chain, supplying functional resins, photoresists and auxiliary chemical products to the tire, automotive, semiconductor and display panel industries. Headquartered in Shanghai, our customer network spans all of China and extends overseas.
Our Three Business Segments
Tire Rubber Additives & Other Chemical ProductsElectronic Materials (growth engine)Fully Biodegradable Materials
Notably, our process and R&D capabilities are transferable across segments — the phenolic resin synthesis technology used in tire adhesion and reinforcing resins also extends to electronic-grade phenolic resins and photoresist resins, creating real technology synergy.
The Growth Path of a Platform Company
We began in 1999 in the international trade of tire chemical materials; we then expanded upstream by building production bases, evolving into a platform company that integrates R&D, manufacturing and sales. In 2018 we listed on the Shanghai Stock Exchange, and have continued to expand horizontally and vertically along the industry value chain — entering electronic materials through strategic investment and acquisition, and entering fully biodegradable materials by developing PBAT. We are now pursuing a global offering of H shares, advancing toward an A+H structure.
Operating Performance (Track Record Period)
| RMB million | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Revenue | 2,937.3 | 3,263.4 | 3,420.6 |
| Net Profit | 404.1 | 534.2 | 577.3 |
| Gross Profit | 685.1 | 795.9 | 813.6 |
| Gross Margin | 23.3% | 24.4% | 23.8% |
| Net Assets | 3,504.9 | 3,459.3 | 4,258.7 |
Global Footprint
We operate seven production facilities — Red Avenue Chemical, Huaqi, Red Avenue Zhenjiang, Red Avenue Electronics, Hubei Beixu, Kehua, and Red Avenue Changzhou — and are establishing a new rubber-additive production base in Thailand to expand our global supply capability. Our products are sold in over 40 countries and regions, with overseas sales accounting for roughly 18–19% of total revenue.
Vision & Values
We are committed to advancing the sustainable development of Chinese new-materials products in an innovative and responsible way. Our values: integrity, innovation, respect for the individual, and social responsibility. Our EHSQ culture: zero accidents, zero injuries, zero environmental harm.
Competitive Advantages
Diversified portfolio & comprehensive customized solutionsVertically integrated operationsLong-standing relationships with leading global and domestic customersStrong R&D capabilityExperienced management team