Breaking Down Zibo Qixiang Tengda Chemical Co., Ltd Financial Health: Key Insights for Investors

Founded in 2002, Zibo Qixiang Tengda Chemical Co., Ltd. stands as a powerhouse in deep C4 hydrocarbon processing with two major plants in Zibo and Qingdao spanning more than 2,500 acres, a product slate that includes methyl ethyl ketone, maleic anhydride, butadiene, isobutylene and MTBE, a commanding domestic share of roughly 46% in methyl ethyl ketone and exports representing over 70% of its industry shipments, recognition on the China Chemical Top 500 and as a Shandong credit-honored enterprise, a stated mission anchored in ISO 9001-backed total quality management, technological R&D and a target to cut greenhouse gas emissions by 20% by end-2023, and a market capitalization of about $1.98 billion as of late 2025 - all reflecting a vision to grow a world-class, green, and safety-focused chemical enterprise that prioritizes integrity, innovation, customer trust and rigorous HSE standards.

Zibo Qixiang Tengda Chemical Co., Ltd (002408.SZ) - Intro

• Primary focus: deep processing and high-value derivatives of C4 hydrocarbons.
• Facilities: two main factories (Zibo and Qingdao) spanning >2,500 acres.
• Product highlights: methyl ethyl ketone, maleic anhydride, butadiene, isobutylene, MTBE, and related intermediates.
• Market position: ~46% domestic market share in methyl ethyl ketone; exports represent >70% of domestic exports in its category.

• Deliver safe, high‑quality C4 derivative products that enable downstream industries to innovate and scale.
• Create long‑term stakeholder value through sustainable operations and prudent capital allocation.
• Maintain industry leadership in process efficiency, product consistency, and export competitiveness.

• Be the global benchmark for C4 deep‑processing excellence, recognized for technology, reliability, and environmental stewardship.
• Expand international reach while strengthening domestic leadership in specialty solvents and petrochemical intermediates.
• Drive value through integrated production, export channels, and downstream partnerships.

• Safety first - uncompromising process safety and occupational health standards.
• Quality & consistency - rigorous QC for products like MEK where the company holds ~46% domestic share.
• Customer focus - reliable supply and tailored technical support for downstream clients.
• Integrity & compliance - honored as a contract‑abiding, credit‑abiding enterprise in Shandong.
• Innovation & efficiency - continuous process optimization across >2,500 acres of manufacturing footprint.
• Sustainability - commitment to emissions control, resource efficiency, and responsible export growth.

• Capacity optimization: maximize utilization across Zibo and Qingdao sites to protect gross margins.
• Export growth: maintain and grow export share (currently >70% of domestic exports) to diversify revenue.
• Product mix upgrade: shift toward higher‑margin specialty derivatives of C4 hydrocarbons.
• Operational excellence: reduce unit costs and emissions intensity via process upgrades and digital monitoring.
• Financial discipline: sustain market capitalization and shareholder returns while funding strategic capex.

• Listed among China Chemical Top 500 - a signifier of scale and industry relevance.
• Shandong Province Contract‑abiding and Credit‑abiding Enterprise - underscores commercial reliability.

Zibo Qixiang Tengda Chemical Co., Ltd (002408.SZ) - Overview

• Deliver exceptional chemical products globally with consistent quality and safety standards
• Maintain ISO 9001-certified quality management and continuous process improvement
• Invest in R&D and process technology to expand advanced chemical solutions
• Achieve a 20% reduction in greenhouse gas emissions (target: end of 2023)
• Prioritize customer satisfaction and long-term partnerships through reliable service
• Position the company as a leading global supplier across diverse chemical product lines

• Quality-first: embed total quality management across sourcing, production, and delivery
• Innovation-driven: sustained R&D investment and collaboration with universities/partners
• Responsibility: environmental stewardship, workplace safety, and regulatory compliance
• Customer focus: responsiveness, reliability, and after-sales technical support
• Integrity: transparent governance, ethical conduct, and stakeholder accountability

• Quality systems: standardized SOPs, third-party audits, and continuous improvement cycles tied to ISO 9001
• R&D & innovation: pilot-scale labs, partnership projects, and 3%+ revenue reinvestment to accelerate specialty product development
• Sustainability actions: energy efficiency retrofits, fuel-switching to lower-carbon sources, and process yield improvements to hit the -20% GHG target
• Customer engagement: technical application teams, rapid-response logistics, and expanded after-sales service to strengthen retention

Zibo Qixiang Tengda Chemical Co., Ltd (002408.SZ) - Mission Statement

• Support national development by scaling enterprise capability and strengthening domestic supply chains.
• Develop and commercialize high-performance, technology-driven chemical products that meet stringent safety and environmental standards.
• Commit to green production-reducing emissions, improving energy efficiency, and increasing recycling and waste treatment capacity.
• Expand international presence through exports, partnerships, and targeted market entries to increase global market share.
• Invest in R&D and talent to sustain technological superiority and product differentiation.

• Be recognized as a world-class chemical enterprise with benchmark green manufacturing.
• Achieve sustained growth in domestic market share while growing exports to strategic overseas markets.
• Lead in selected technology areas-specialty intermediates, performance additives, and process innovation.
• Operate with a safety-first culture and measurable reductions in emissions and workplace incidents.
• Create long-term shareholder value through profitable, sustainable expansion and disciplined capital allocation.

Zibo Qixiang Tengda Chemical Co., Ltd (002408.SZ) - Vision Statement

• Integrity, kindness, and a strong work ethic guide corporate behavior and decision-making across all levels.
• Deliver world-class product quality through enterprise-wide total quality management and strict compliance with ISO 9001 standards.
• Achieve measurable sustainability outcomes - notably, a commitment to reduce greenhouse gas emissions by 20% by the end of 2023.
• Prioritize customer satisfaction to foster durable partnerships built on reliability, transparency, and service excellence.
• Drive continuous technological innovation via targeted R&D investment to develop advanced chemical solutions and process efficiencies.
• Maintain uncompromising safety and environmental protection through HSE management systems and comprehensive production safety assurance.

• Operationalizing core values: cross-functional KPIs tie integrity and customer-first principles to performance reviews and supplier selection.
• R&D-to-market pipeline: modular project governance shortens time-to-market for new formulations while protecting IP and ensuring regulatory compliance.
• Sustainability investments: energy efficiency, process optimization, and cleaner feedstocks are prioritized to meet emission targets and reduce unit carbon intensity.
• Safety culture: mandatory HSE training, safety leadership rounds, and real-time monitoring systems reduce incidents and support continuous improvement.