According to publicly disclosed data from Feikai Materials (300398), Huahai Chengke (688535), Qiangli New Materials (300429), Shanghai Xinyang (300236), Debang Technology (688035), and Lianrui New Materials (688300), the following statistics summarize the main product information and other data of these six companies.

Company Overview
Company Introduction

The earliest listed company is Shanghai Xinyang, which has been established for over 14 years. The latest listed company is Huahai Chengke, which has been established for less than 3 years.

Company Performance in Q1 2025

Compared to Q1 2024, Feikai Materials, Huahai Chengke, Qiangli New Materials, Shanghai Xinyang, Debang Technology, and Lianrui New Materials have all seen an increase in total operating revenue, with Debang Technology experiencing the fastest growth. However, there has been a certain degree of decline in total operating revenue for some companies, with the fastest decline observed in Huahai Chengke. Feikai Materials, Qiangli New Materials, Shanghai Xinyang, Debang Technology, and Lianrui New Materials have all seen an increase in net profit excluding non-recurring items, with Debang Technology showing the fastest growth. Conversely, Huahai Chengke has experienced a decline in net profit excluding non-recurring items, with the most significant decline occurring in Huahai Chengke.

Main Products







Revenue Structure
Feikai Materials Revenue Situation
In 2024, the company’s main business is manufacturing, with key products including display materials, semiconductor materials, and UV curing materials. Display materials account for 47.11%, semiconductor materials account for 23.40%, and UV curing materials account for 21.08%.

Huahai Chengke Revenue Situation
In 2024, the company’s main business is semiconductor materials, with epoxy encapsulation materials being the largest source of revenue, accounting for 95.25%.

Qiangli New Materials Revenue Situation
In 2024, the company primarily engages in the sale of electronic chemicals, technical consulting services, and leasing, as well as the trade of non-electronic chemicals. Key products include other-purpose photoinitiators, LCD photoresist photoinitiators, PCB photoresist photoinitiators, and PCB photoresist resins, with other-purpose photoinitiators accounting for 29.54%, LCD photoresist photoinitiators accounting for 20.14%, PCB photoresist photoinitiators accounting for 17.98%, and PCB photoresist resins accounting for 10.57%.

Shanghai Xinyang Revenue Situation
In 2024, the company’s main business is in the semiconductor industry, accounting for as much as 70.19%, with key products including integrated circuit materials and coatings, where integrated circuit materials account for 67.66% and coatings account for 29.81%.

Debang Technology Revenue Situation
In 2024, the company’s main business is electronic packaging materials, with key products including new energy application materials and smart terminal packaging materials, where new energy application materials account for 58.72% and smart terminal packaging materials account for 22.17%.

Lianrui New Materials Revenue Situation
In 2024, the company’s main business is advanced inorganic non-metallic materials, with key products including spherical inorganic powders and angular inorganic powders, where spherical inorganic powders account for 57.16% and angular inorganic powders account for 26.39%.

Disclaimer: This information is compiled from publicly available data for reference only. Biwan strives for accuracy but does not guarantee correctness, nor does it constitute investment advice. Please make prudent decisions.

