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Jiangsu Changhai Composite Materials Holding Co., Ltd.

One of the largest integrated non-woven glass fiber products production enterprises in China


2002

Company establishment

3

Bases

3 billion

Sales

1000 +

Domestic and foreign customers

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Rail Transit

Rail Transit

Glass fiber has the characteristics of good size, superior reinforcement performance, light weight, and corrosion resistance, making it an ideal choice for infrastructure materials. Application: bridge beam body, wharf, waterfront building structure, highway pavement, pipeline and other infrastructure, etc.

Rail Transit

News

Changhai shares: weak demand earnings under pressure, waiting for the industry boom recovery

The company's 2023Q1-3 revenue was 1.988 billion yuan, down 13.43 percent year-on-year, net profit attributable to 0.288 billion yuan, down 52.20 percent year-on-year, and net profit after non-return to the parent company was 0.266 billion yuan, down 49.27 percent year-on-year. Among them, the company's revenue in Q3 was 0.681 billion yuan, down 10.36 percent from the same period last year; net profit attributable to 0.077 billion yuan, down 55.55 percent from the same period last year; and net profit after deducting non-return to the parent was 0.071 billion yuan, down 53.06 percent from the same period last year.

This yarn, the longer, the more valuable...

In the Pearl River Delta region of Guangdong, there is such a special clothing fabric. Its production process is extremely unique and complicated, and it takes almost a year before and after. The long production cycle and extremely low output also make the owner feel cherished. A piece of clothing made of this fabric often becomes a family heirloom and beautifies the lives of generations. It is a fragrant cloud yarn, in the Lingnan traditional culture, shining more than a hundred years of light.

Profitability further weakened, but Changhai is already a top student in the fiberglass industry.

As one of the most potential processes in the future FRP molding process, pultrusion has attracted the attention of many people, for which we have set up a "pultrusion ring" platform. Friends who are interested in pultrusion products, processes and raw materials can pay attention to and star mark and join our pultrusion circle together!

600000 tons of high-performance glass fiber, Changhai what to increase production?

On February 21, 2023, the Changhai high-performance glass fiber composite material intelligent manufacturing base project finally started. One year and nine months have passed since the project was announced. On May 14, 2021, Changhai shares announced that it intends to invest in the construction of a 600000-ton high-performance glass fiber intelligent manufacturing base project. [Long Words] Throw more than 6 billion! Changhai shares to add 4 new pool kiln lines, increase production by 600000 tons of high-performance glass fiber

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Address: 308 Changhong East Road, Wujin District, Changzhou City, Jiangsu Province

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