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Fujian Kuncai Material Technology Co.,Ltd. (China)

Main Activities: Basic Chemical Manufacturing
Full name: Fujian Kuncai Material Technology Co.,Ltd. Profile Updated: November 24, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Chinese Download a sample report

Fujian Kuncai Material Technology Co., Ltd. is a leading global producer in the pearlescent pigment industry. The company has subsidiaries, distributors, agents, and application technology service organizations worldwide. It has well-established research and development, quality assurance, and application centers. The company implements a fully automated and artificial intelligence + industrial internet process for unmanned production. Zhengtai New Materials is a wholly-owned subsidiary of Kuncai Technology, located in the national-level Fuzhou Jiangyin Port City Development Zone. It covers an area of 1,320 acres with a building area of 1.2 million square meters. The total investment is 5 billion RMB. It has an annual production capacity of 500,000 tons of titanium dioxide (TiO2), 500,000 tons of iron oxide (Fe2O3), as well as nano and functional titanium dioxide. The company's research and development center has invested over 1.2 billion RMB in technology development over the past decade. It has successfully developed the third-generation hydrochloric acid extraction process and technology for the production of high-quality titanium dioxide and iron oxide. This technology has advantages such as stability, low energy consumption, low emissions, recyclability, sustainability, and environmental friendliness. It has led to revolutionary technological progress in the industry, breaking through the traditional processes of producing titanium dioxide powder using sulfuric acid and chloride methods. The company's proprietary technology has obtained authoritative certifications and dozens of invention patents. Zhengtai Data Science specializes in data marketing and technical services in areas such as big data, blockchain, cloud platforms, the internet of things, digital warehousing, non-vehicle transportation, and financial technology. The company leverages platform technology to enhance its service level, optimize customer procurement processes, save costs, improve efficiency, provide financial support, and solve customer inventory logistics issues. The company has strong social responsibility and supply chain management capabilities. It has established good partnerships with high-end users in various industries worldwide. The company hopes that its innovative achievements can bring more competitive choices to both new and existing customers, and together create a new model of healthy, ecological, safe, and sustainable partnerships.

Headquarters
Yuanhong Investment Zone, Fuzhou City, Fujian Province (Chengtou)
Fuqing; Fujian; Postal Code: 350314

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Website: http://www.fjkuncai.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
November 25, 2005
Key Executives
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Chairman of the Supervisory Board
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Director
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Director
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General Manager
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Independent Director
Ownership Details
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48.95%
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8.76%
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4.28%
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4.14%
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3.77%
Subsidiaries
Fujian Fortune New Material Co., Ltd.
100%
Fuzhou Fushi Trading Co., Ltd.
100%
KUNCAI EUROPE B.V.
100%
Company Performance
Financial values in the chart are available after Fujian Kuncai Material Technology Co.,Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency CNY. Absolute financial data is included in the purchased report.
Net sales revenue
21.83%
Total operating revenue
21.36%
Operating profit (EBIT)
-7.87%
Net Profit (Loss) for the Period
-6.97%
Total assets
17.28%
Total equity
2.2%
Operating Profit Margin (ROS)
-2.93%
Net Profit Margin
-2.53%
Return on Equity (ROE)
-0.33%
Debt to Equity Ratio
5.29%
Quick Ratio
-0.06%
Cash Ratio
-0.07%

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