Company Overview Show
Shenzhen Changyuan New Material Co., Ltd (Changyuan New Material) is China's leading manufacturer of power cable accessories and heat shrinkable products. We are primarily engaged in the manufacture and distribution of tubing, power cable accessories (heat-shrink, cold-shrink, pre-molded), high heat resistant wires, sleeves for telecommunication cable and pipeline. We occupy an area of 70,000 square meters and have 780 employees.
Changyuan New Material was established in 1986 by Changchun Institute of Applied Chemistry of the Chinese Academy of Science and Shenzhen Science and Industrial Park Corporation. We are listed on the Shanghai Stock Exchange (Ticker: 600525) with annual revenue approaching USD 32,000,000 and net assets close to USD 40,000,000.
While Chinese manufacturers are able to operate with relatively better cost benefits, our edge over our fellow national competitors is that we do not make compromises with quality. We aim to become a preferred supplier of advanced material by continuously providing greater customer benefits. We are committed to meeting international standards in product design, process engineering, and training and development of employees. This has been ensured by the implementation of various managerial improvement and product-quality assurance programs, i.e. the 6 Sigma, ERP system, personal effectiveness enhancement training for managerial staff, etc. We are ISO9001 and ISO14001 certified, and most of our products have received quality certification from agencies such as CSA and UL.
With the Changchun Institute of Applied Chemistry as one of the founders, our R&D team is powered by proficient experts, who have been developing new products to meet industry requirements. In addition, with the corporate finance expertise of our management team, we also grow by acquisition of new companies and technology in order to improve our product mix and to better satisfy our customers. As a reward for our commitment to customer satisfaction, our compounded annual growth rate has been 20% for the past 5 years.
Changyuan New Material was established in 1986 by Changchun Institute of Applied Chemistry of the Chinese Academy of Science and Shenzhen Science and Industrial Park Corporation. We are listed on the Shanghai Stock Exchange (Ticker: 600525) with annual revenue approaching USD 32,000,000 and net assets close to USD 40,000,000.
While Chinese manufacturers are able to operate with relatively better cost benefits, our edge over our fellow national competitors is that we do not make compromises with quality. We aim to become a preferred supplier of advanced material by continuously providing greater customer benefits. We are committed to meeting international standards in product design, process engineering, and training and development of employees. This has been ensured by the implementation of various managerial improvement and product-quality assurance programs, i.e. the 6 Sigma, ERP system, personal effectiveness enhancement training for managerial staff, etc. We are ISO9001 and ISO14001 certified, and most of our products have received quality certification from agencies such as CSA and UL.
With the Changchun Institute of Applied Chemistry as one of the founders, our R&D team is powered by proficient experts, who have been developing new products to meet industry requirements. In addition, with the corporate finance expertise of our management team, we also grow by acquisition of new companies and technology in order to improve our product mix and to better satisfy our customers. As a reward for our commitment to customer satisfaction, our compounded annual growth rate has been 20% for the past 5 years.