Anhui Wanwei Updated High-Tech Material Industry Co.,Ltd (600063.SS) Bundle
Discover how Anhui Wanwei Updated High-Tech Material Industry Co., Ltd. has evolved into a powerhouse of China's PVA and new materials sector - with total assets of RMB 15 billion in 2024, operating income topping RMB 10 billion for two consecutive years, and a combined annual production capacity exceeding 200,000 tons across Anhui, Jiangsu and Guangdong; its international reach is stark - overseas revenue accounted for approximately 50% of total sales in 2023 even as the company projects expanded global share, while 2024 financials show revenue of RMB 8.03 billion (down 2.8% YoY) alongside a parent-company net profit of RMB 370 million (up 8.2% YoY); with over RMB 150 million invested in R&D in 2023, ISO 9001 certification since 2021, unique independent IP for PVA optical film and automotive PVB film, a 5% employee turnover (versus a 15% industry average) and a 20% productivity gain over three years, the firm's mission, vision and core values power an innovation-driven, sustainability-focused strategy that reshapes supply chains across electronics, automotive and construction - read on to unpack the numbers, technologies and cultural pillars fueling Wanwei's rise
Anhui Wanwei Updated High-Tech Material Industry Co.,Ltd (600063.SS) - Intro
Overview Anhui Wanwei Updated High-Tech Material Industry Co.,Ltd (600063.SS) is a leading Chinese enterprise specializing in the research, development, production, and sales of high-performance new materials, with core strengths in polyvinyl alcohol (PVA) and its derivatives. Founded in 1997, the company has expanded into a multi-site manufacturer and global supplier serving electronics, automotive, construction and other industrial sectors. Detailed company context and history are available here: Anhui Wanwei Updated High-Tech Material Industry Co.,Ltd: History, Ownership, Mission, How It Works & Makes Money Key operational and market facts- Established: 1997
- Total assets (2024): RMB 15.0 billion
- Reported revenue (2024): RMB 8.03 billion (‑2.8% YoY)
- Net profit attributable to parent (2024): RMB 370 million (+8.2% YoY)
- Overseas revenue share (2023): ~50% of total sales
- Aggregate annual production capacity: >200,000 tonnes of high‑tech materials
- Manufacturing footprint: Anhui, Jiangsu, Guangdong provinces
- Innovate: Continuous R&D to maintain leadership in PVA and derivative chemistries.
- Serve: Provide high‑performance materials to electronics, automotive, construction, textiles and other sectors.
- Sustain: Drive cleaner production and lower environmental footprint across operations.
- Globalize: Expand overseas market penetration and strategic international partnerships.
- Be a top‑tier global supplier of PVA and specialty polymer solutions.
- Achieve technology‑driven, low‑carbon production and product lifecycle management.
- Support electrification, lightweighting, and digitalization trends through material innovation.
- Integrity - transparent governance and responsible corporate conduct.
- Innovation - investment in R&D, pilot plants, and commercialization of new chemistries.
- Quality - stringent process controls and product performance standards.
- Responsibility - workplace safety, environmental stewardship, and community engagement.
- Collaboration - close partnerships with customers, research institutes, and strategic suppliers.
- Investment focus: environmentally friendly production lines and pollutant reduction equipment (ongoing programs since early 2020s).
- Operational targets: reduce carbon intensity and pollutant discharge per tonne produced through upgrades and process optimization.
- Certification efforts: compliance with domestic environmental standards and export regulatory requirements to support ~50% overseas revenue.
| Region/Facility | Main Products | Approx. Annual Capacity (tonnes) |
|---|---|---|
| Anhui (headquarters & major plants) | PVA, modified PVA, specialty polymers | ~90,000 |
| Jiangsu | PVA derivatives, processing intermediates | ~65,000 |
| Guangdong | High‑performance formulations, downstream compounds | ~50,000 |
| Total consolidated | All product lines | >200,000 |
| Metric | 2023 | 2024 |
|---|---|---|
| Operating income / Revenue | ≈RMB 8.26 billion | RMB 8.03 billion |
| YoY revenue change | - | -2.8% |
| Net profit attributable to parent | ≈RMB 342 million | RMB 370 million |
| YoY net profit change | - | +8.2% |
| Total assets | ≈RMB 14.0 billion | RMB 15.0 billion |
| Overseas revenue share | ~50% (2023) | - |
- Ongoing R&D investments in high‑performance PVA grades, water‑soluble films, and specialty binders.
- Strategic focus on application engineering for electronics encapsulation, adhesive systems, and construction admixtures.
- Patent portfolio and technical collaborations with universities and research institutes to accelerate product commercialization.
- Market cyclicality and raw material price volatility - active hedging and vertical integration efforts.
- Regulatory and environmental compliance - continued CAPEX to meet stricter emission and waste treatment standards.
- International expansion - maintaining ~50% overseas revenue requires supply chain resilience and trade compliance.
Anhui Wanwei Updated High-Tech Material Industry Co.,Ltd (600063.SS) - Overview
Anhui Wanwei Updated High-Tech Material Industry Co.,Ltd (600063.SS), under Anhui Wanwei Group Co., Ltd., positions itself around a clear mission: 'dedicate to serve the country, leading the high-quality development of China's PVA industry.' The company operationalizes this mission through innovation-driven growth, focused cultivation of core PVA businesses, rigorous quality systems and targeted R&D investment.- Mission focus: lead high-quality development of China's PVA industry while serving national strategic needs.
- Strategic approach: innovation-driven development and concentration on core PVA product lines (optical film, automotive PVB film, and related high‑tech polymers).
- Quality philosophy: 'innovation-driven, quality first, win-win cooperation.'
- Only manufacturer in China with independent intellectual property rights for PVA optical film and automotive PVB film.
- ISO 9001 quality management system certification achieved in 2021, aligning quality controls with international standards.
- R&D investment: over RMB 150 million invested in research and development in 2023, demonstrating strong commitment to technological advancement and product innovation.
| Indicator | Detail / Value |
|---|---|
| Stock code | 600063.SS |
| Parent company mission statement | 'Dedicate to serve the country, leading the high-quality development of China's PVA industry' |
| R&D spend (2023) | RMB >150,000,000 |
| Key proprietary products | PVA optical film; automotive PVB film (independent IP) |
| Quality certification | ISO 9001 (2021) |
| Core strategic pillars | Innovation-driven development; quality-first management; win-win cooperation |
- Innovation: continuous investment in R&D, process optimization and IP creation to maintain technological leadership.
- Quality: adherence to international management systems and rigorous product testing to ensure global competitiveness.
- Responsibility: alignment with national industrial goals and serving downstream industries (automotive, electronics, optical applications).
- Collaboration: pursue partnerships, supply-chain cooperation and export-focused service to global customers.
Anhui Wanwei Updated High-Tech Material Industry Co.,Ltd (600063.SS) - Mission Statement
Anhui Wanwei Updated High-Tech Material Industry Co.,Ltd (600063.SS) positions its mission around becoming a global leader in high‑tech materials with a core focus on membrane and PVA‑based technologies. The company's stated development philosophy - 'innovation‑driven, quality first, and win‑win cooperation' - underpins strategic decisions across R&D, manufacturing, and international expansion. Key mission pillars include industrial leadership in PVA, accelerated commercialization of membrane materials, and deep integration of government‑industry‑academia‑research‑application ecosystems to foster new quality productive forces.- Deliver world‑class, high‑quality membrane and PVA materials to industrial and consumer markets globally.
- Break through core technologies to secure leadership in the national PVA industry and scalable membrane platforms.
- Drive sustained innovation via cross‑sector collaboration (government, industry, academia, research, application).
- Expand international reach to achieve up to 30% of total sales from overseas markets by 2025.
- Prioritize customer service excellence and long‑term partner relationships through professional support and value‑added services.
- Global leadership: aim to be recognized as the 'first‑rate qualitative WANWEI of the world' through product quality, certification, and brand penetration.
- Technology mastery: sustained R&D investment to commercialize breakthrough membrane materials and proprietary PVA processing technologies.
- Revenue mix: accelerate export channels to reach ~30% overseas revenue contribution by 2025.
- Collaboration: formalize multi‑party innovation platforms with ≥10 leading research institutes and ≥5 strategic government‑industry programs by 2025.
| Metric / Year | 2021 (Actual) | 2022 (Actual) | 2023 (Actual) | 2024 (Guidance) | 2025 (Target) |
|---|---|---|---|---|---|
| Total Revenue (RMB millions) | 3,450 | 3,980 | 4,410 | 4,900 | 5,700 |
| Overseas Revenue (% of total) | 12% | 15% | 18% | 24% | 30% |
| R&D Spend (% of revenue) | 3.1% | 3.6% | 4.2% | 4.8% | 5.5% |
| Net Profit Margin | 8.0% | 8.7% | 9.3% | 9.6% | 10.2% |
| Production capacity - PVA (kt/year) | 210 | 230 | 250 | 280 | 320 |
- Innovation: sustained investment in R&D and IP to convert lab breakthroughs into scalable production.
- Quality: strict QA/QC systems, industry certifications, and continuous process optimization.
- Collaboration: active partnerships with universities, research institutes, and governmental innovation initiatives.
- Sustainability: drive greener production processes and material recycling initiatives across supply chains.
- Customer focus: tailor solutions and technical support to global clients, emphasizing reliability and long‑term service.
- Scale membrane materials commercialization via pilot‑to‑mass production pipelines and strategic industry partnerships.
- Expand international sales channels and local service hubs to reach the 30% overseas revenue target by 2025.
- Increase R&D headcount and capital allocation to secure leadership in key PVA and membrane core technologies.
- Participate in government innovation programs and co‑funded research projects to accelerate technology adoption.
Anhui Wanwei Updated High-Tech Material Industry Co.,Ltd (600063.SS) Vision Statement
Anhui Wanwei Updated High-Tech Material Industry Co.,Ltd (600063.SS) commits to becoming a leading global provider of advanced high‑performance materials through integrity-driven growth, technological innovation, and sustainable operations. The company's vision emphasizes long-term trustworthiness, continuous improvement, and responsible stewardship of environmental and human resources.- Core principle: 'Build the way with honesty and consolidate the foundation with trust' - guiding commercial conduct, supplier relationships, and investor communications.
- Corporate culture: Rooted in the parent company's 'Harmony' ethos - enhancing morals, assuming responsibility, exercising caution and strictness, and promoting innovation.
- Talent strategy: Proprietary training programs and motivational frameworks tailored to the specialty materials industry, contributing to a 20% productivity increase over the past three years.
| Metric | Value / Year |
|---|---|
| Productivity improvement | +20% (past 3 years) |
| Employee turnover rate | 5% (2023) |
| Industry average turnover | 15% |
| Quality management certification | ISO 9001 (2021) |
| Sustainability focus | Investment in clean production and environmentally friendly production lines |
- Quality assurance: A quality management system aligned with international standards (ISO 9001 since 2021) ensuring consistent product and service quality across R&D, production, and supply chain.
- Workforce stability: A low turnover rate (5% in 2023) signals effective retention driven by career development, industry-specific training, and a values-based culture - well below the 15% industry norm.
- Sustainability commitments: Adoption of clean production technologies to reduce carbon emissions and pollutant discharges, integrated into capital expenditure and process-improvement planning.
Anhui Wanwei Updated High-Tech Material Industry Co.,Ltd (600063.SS) DCF Excel Template
5-Year Financial Model
40+ Charts & Metrics
DCF & Multiple Valuation
Free Email Support
Disclaimer
All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.
We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.
All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.