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Trades about 189% below its sector, cheaper than its peers on earnings.
Jiangsu Baichuan High-Tech New Materials Co., Ltd. operates as a global producer and supplier of specialized chemical products, serving markets both within China and across the world. Its comprehensive portfolio includes acetates such as n-butyl acetate and ethyl acetate; acid anhydrides like trimellitic anhydride and trioctyl trimellitate; various plasticizers; polyatomic alcohols including trimethylolpropane and sodium formate; insulating resins; and enamel wire paints. The company also manufactures propylene glycol ethers and their esters, with notable examples like propylene glycol monomethyl ether and dipropylene glycol methyl ether. These versatile materials are integral to numerous industries, finding applications in coatings (such as paints and road markings), adhesives, pharmaceuticals, medical devices, household goods, furniture, children's toys, package printing, and industrial equipment. Located in Jiangyin, China, the company adopted its current name in March 2018, having previously been known as Wuxi Baichuan Chemical Industrial Co.,Ltd.
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