Stock code:603650

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Rachem (China) Co., Ltd.

Rachem (China) Co., Ltd. is a subsidiary of Red Avenue Group. It is located in Shanghai Chemical Industrial Park, covering an area of 120,000 square meters. The total investment of the first phase of the company is 100 million US dollars. A new integrated rubber additive production base and a rubber additive R&D center integrating modern scientific research, experimentation and application have been established. The first phase of the project has the ability to produce olefins, chemical intermediates and resins and other products. It is an excellent manufacturer with excellent talent team, advanced technology, highly automated production equipment and efficient management system.

With the gradual change from "Made in China" to "Created in China", Red Avenue Group is also gradually improving the layout of the industrial chain, becoming an upstream industry player, and grasping innovation opportunities and development leadership. To this end, we newly established Rachem (Shanghai) Co., Ltd. in Shanghai, aiming to further realize the development concept of "rooted in China, serving the world". The perfect integration of high-quality employees and advanced production lines can produce leading production capacity and create high-quality products and services. It is by virtue of this advantage that we have gradually become a role model in the industry.

At the same time, we pay close attention to key links such as safety and environmental protection, and adopt world-renowned brands of DCS, SIS automation control systems and advanced safety and environmental protection equipment to ensure that the project can coexist harmoniously with the environment and operate safely and smoothly.

In the future, we will continue to strengthen the investment and construction of the upstream industrial chain, and will actively adopt more innovative technologies in the raw materials of products, in order to comply with the trend of China's manufacturing industry upgrading and further participation in international competition, and strive to become the world's leading raw material supplier.