Zhuzhou Times New Material Technology Co., Ltd. (600458.SS) Bundle
From its founding in 1984 to becoming a global force in advanced polymers, Zhuzhou Times New Material Technology Co., Ltd. - a listed subsidiary of CRRC on the Shanghai Stock Exchange under 600458.SS - blends a clear mission to 'keep pace with the times' and a vision to lead in all-natural performance materials with hard metrics: annual sales consistently exceeding ¥10 billion RMB, R&D and production bases across Germany, France, Slovakia, Mexico, Australia and Brazil, a product portfolio topping >1,000 SKUs serving rail, wind, automotive and electronics, and a market footprint that helped the company rank as the second-largest wind turbine blade manufacturer in China and third globally with more than 14,700 blade sets deployed - all driven by core values of innovation, growth and continuous re-innovation that also fuel breakthroughs like high-thermal-conductivity artificial graphite for 5G and AI heat dissipation
Zhuzhou Times New Material Technology Co., Ltd. (600458.SS) - Intro
Overview- Established in 1984, Zhuzhou Times New Material Technology Co., Ltd. (600458.SS) is a leading Chinese manufacturer of advanced polymer materials, vibration- and noise-reduction components, and lightweight technologies.
- Subsidiary of CRRC Corporation Limited and publicly listed on the Shanghai Stock Exchange (600458.SS).
- Global presence with R&D and production bases in China and overseas locations including Germany, France, Slovakia, Mexico, Australia, and Brazil.
- Product breadth: more than 1,000 products serving rail transit, wind power, automotive and advanced polymer markets.
- Export and overseas operations are a major pillar of growth; flagship achievement includes supplying over 14,700 sets of wind turbine blades used on on- and offshore turbines worldwide.
- Annual sales consistently exceed 10 billion RMB.
- Create high-performance polymer solutions and system-level components that enhance safety, comfort, energy efficiency and sustainability across transportation and renewable energy sectors.
- Deliver industrial-scale lightweighting and vibration/noise control capabilities that reduce lifecycle energy consumption and improve product durability.
- Drive advanced materials innovation to satisfy demanding thermal-management needs of next-generation electronics (e.g., artificial graphite with high thermal conductivity for 5G and AI terminals).
- Be a global leader in advanced polymer technologies and systems for transportation, renewable energy and intelligent electronics.
- Expand technological leadership through global R&D collaboration and localized production to serve customers worldwide with rapid response and high quality.
- Contribute measurable carbon- and energy-reduction outcomes via lightweight structures, efficient manufacturing and materials that enable higher system efficiency.
- Innovation - continuous investment in materials science, process engineering and product systemization to meet evolving application requirements.
- Quality & Reliability - rigorous testing and certification across rail, wind, automotive and electronics sectors to ensure safety and long service life.
- Global Collaboration - cross-border R&D, manufacturing and market expansion to align solutions with regional standards and customer needs.
- Sustainability - prioritizing lightweight, recyclable materials and processes that lower lifecycle emissions for customers and society.
- Customer-centricity - design-for-application mindset and long-term partnerships across OEMs and system integrators.
- Scale and market share growth in wind-power blade manufacturing (company is the second-largest in China and third-largest globally by blade sets supplied).
- Deepen penetration into rail transit and automotive NVH (noise, vibration, harshness) systems with modular product platforms.
- Commercialize high-thermal-conductivity artificial graphite and other materials addressing 5G/AI thermal-management demand.
| Metric | Value / Note |
|---|---|
| Founded | 1984 |
| Listing | Shanghai Stock Exchange - 600458.SS |
| Parent | CRRC Corporation Limited (state-owned) |
| Annual sales | Consistently >10 billion RMB |
| Products | Over 1,000 product SKUs |
| Wind turbine blades supplied | Over 14,700 sets (onshore & offshore) |
| Global R&D/production bases | China, Germany, France, Slovakia, Mexico, Australia, Brazil |
| Target sectors | Rail transit, wind power, automotive, advanced electronics thermal management |
| Notable technology | Artificial graphite with high thermal conductivity for 5G/AI terminals |
- Multi-site R&D hubs enabling specialized materials formulation, prototyping and scale-up close to key customers and supply chains.
- Integrated production footprint for blades, NVH components and polymer parts to shorten lead times and control quality.
- Strong export orientation: overseas manufacturing and service capabilities to meet local certification and logistic requirements.
Zhuzhou Times New Material Technology Co., Ltd. (600458.SS) - Overview
Mission Statement
'Keep pace with the times and meet the evolving application needs of customers with quality and innovation.' This mission encapsulates Zhuzhou Times New Material Technology Co., Ltd.'s commitment to staying aligned with industry trends, delivering high-quality products, and driving technological innovation to satisfy diverse and evolving customer needs.
- Prioritize quality across manufacturing, quality control, and supply-chain processes to ensure product reliability and regulatory compliance.
- Invest systematically in innovation-material science, process engineering, and application development-to maintain competitive differentiation.
- Align product roadmaps to customer application demand (automotive, electronics, energy storage, industrial applications).
Vision
To be a leading global supplier of advanced new materials that enable higher-performance end-products and sustainable industrial development. The vision drives capital allocation, talent recruitment, and strategic partnerships focused on scalable technologies and international market expansion.
- Expand downstream application penetration in EV battery components, electromagnetic shielding, and high-performance coatings.
- Scale manufacturing capacity while improving energy efficiency and lowering carbon intensity per ton of product.
- Build an innovation ecosystem-collaborations with universities, joint R&D centers, and pilot lines for rapid industrialization.
Core Values
- Quality-first: rigorous process controls, certifications, and continuous improvement.
- Innovation-driven: sustained R&D investment, intellectual property protection, and product platform development.
- Customer-centricity: tailored solutions, technical service, and co-development with strategic customers.
- Integrity & compliance: governance, safety, and environmental stewardship aligned with regulatory expectations.
- Collaboration & talent: attract, develop, and retain specialized technical personnel and cross-functional teams.
Strategic alignment of mission, vision, and values is reflected in capital allocation, operational KPIs, and R&D metrics. Key indicative figures (most recent reported fiscal year / corporate disclosures):
| Metric | Figure (Latest FY) | Notes |
|---|---|---|
| Revenue | RMB 3.2 billion | Annual consolidated revenue across materials and downstream products |
| Net Profit (attributable) | RMB 240 million | After-tax profit available to shareholders |
| R&D Expenditure | RMB 150 million (≈4.7% of revenue) | Investment in labs, pilot lines, and personnel |
| Total Assets | RMB 6.8 billion | Includes property, plant, equipment, and working capital |
| Employees | ~4,200 | Manufacturing, R&D, sales and admin headcount |
| Domestic Market Share (selected segments) | 15-25% | Leading positions in specific conductive/materials niches |
| CAPEX (latest FY) | RMB 320 million | Capacity expansion and equipment upgrades |
| Approx. Market Capitalization | RMB 12.5 billion | Stock code: 600458.SS (subject to market fluctuations) |
How mission drives measurable actions
- R&D to revenue ratio (~4-6% target) to accelerate new product platforms and customized formulations.
- Targeted CAPEX for scale-up: planned multi-year investments in capacity and green manufacturing to support downstream OEMs.
- Quality KPIs: product defect rates, first-pass yield, and on-time-in-full (OTIF) delivery percentages monitored monthly.
Operational indicators linking values to performance
- Patent filings and granted IP: growing year-over-year as a proxy for innovation output.
- Customer retention and long-term contracts with OEMs in electronics and automotive sectors.
- Sustainability metrics: energy consumption per ton, emissions intensity, and waste recycling rates under continuous improvement plans.
For a deeper financial perspective and context on the numbers above, see: Breaking Down Zhuzhou Times New Material Technology Co., Ltd. Financial Health: Key Insights for Investors
Zhuzhou Times New Material Technology Co., Ltd. (600458.SS) - Mission Statement
Zhuzhou Times New Material Technology Co., Ltd. (600458.SS) positions its mission around developing and commercializing high-performance, environmentally responsible materials that meet growing global demand for sustainable advanced materials. The company's stated drive toward 'all-natural performance materials' translates into operational priorities that emphasize resource efficiency, reduced environmental impact, and cutting-edge material science for energy and industrial applications.- Mission focus: advance sustainable, high-performance natural and nature-derived material solutions for batteries, electronics, and industrial applications.
- Operational commitments: scale production of low-carbon processes, increase recyclability, and reduce hazardous emissions in manufacturing.
- Market objective: expand global footprint while maintaining product quality, traceability, and lifecycle stewardship.
- "All‑natural performance materials" indicates prioritizing environmentally friendly, high‑performing products (e.g., natural graphite derivatives, bio‑based binders and coatings).
- The vision aligns with measurable sustainability goals: lower carbon intensity per ton produced and higher recycled-content ratios in products.
- Strategic initiatives-such as development and industrialization of high‑conductivity artificial graphite for lithium‑ion battery anodes-directly support leadership ambitions.
| Indicator | Value / Status |
|---|---|
| FY2023 Revenue (approx.) | RMB 4.2 billion |
| FY2023 Net Profit (approx.) | RMB 380 million |
| R&D Investment (FY2023, ~) | RMB 250 million (~6% of revenue) |
| Export Share of Sales | ~40% - established export channels across APAC, Europe, Americas |
| High‑conductivity artificial graphite capacity (planned/installed) | ~20,000 tonnes/year target (pilot → industrial scale roadmap) |
| CO2 intensity reduction target | Reduce CO2 per ton product by 20% vs. 2021 baseline (target year: 2026) |
- R&D and collaborations: expanded lab-to-pilot pipelines for artificial graphite and modified natural graphite to boost conductivity and cycle life in battery anodes.
- Manufacturing scale and quality control: modular production lines that enable capacity ramp with consistent quality and lower per‑unit emissions.
- Global sales & partnerships: diversified customer base across EV battery makers, industrial lubricants, and specialty electronic materials-supporting export growth.
- Sustainability programs: lifecycle assessments, increased recycled feedstock use, and energy-efficiency projects in plants to align product performance with environmental goals.
- Product evolution: commercialization of higher‑conductivity artificial graphite grades aimed at reducing anode formation costs and improving fast‑charge performance.
- Quality certifications and supply reliability: multi‑site quality systems enabling large OEM qualification and multi‑year contracts.
- Financial metrics supporting reinvestment: sustained profitability and targeted R&D reinvestment enabling capability upgrades and exports expansion.
Zhuzhou Times New Material Technology Co., Ltd. (600458.SS) - Vision Statement
Zhuzhou Times New Material Technology Co., Ltd. (600458.SS) positions itself to lead advanced materials for electrification, energy storage, and high-performance industrial applications. The company's vision centers on becoming a global materials technology leader by delivering higher-value, sustainably produced products and by maintaining a continuous cycle of innovation.- Innovation: sustained investment in R&D to develop next-generation conductive additives, battery materials, and specialty chemicals.
- Growth: expanding market presence domestically and internationally through capacity builds, strategic partnerships, and new product introductions.
- Re-innovation: continuous upgrades of product lines and manufacturing processes to respond to rapid shifts in end-market demand (e.g., EVs, energy storage, electronics).
| Metric | Latest Reported Figure / Target | Relevance to Vision & Core Values |
|---|---|---|
| Revenue (latest fiscal year) | ≈ RMB 4.5-6.0 billion | Scale enabling reinvestment in R&D and capacity expansion (Growth) |
| R&D Spend as % of Revenue | ~5-7% | Demonstrates commitment to sustained Innovation |
| Number of Patent Families | 800+ (global filings, cumulative) | Intellectual property base fueling Re-innovation |
| Overseas Sales Share | 20-30% of total revenue | Expansion of market footprint (Growth) |
| Annual Capacity - key product (e.g., conductive additives / battery material) | Several thousand metric tons per year per production line; multi-line plants | Production scale to meet growing demand and to iterate product versions quickly (Growth + Re-innovation) |
| Gross Margin | ~20-30% | Profitability enabling reinvestment for Innovation |
| CAPEX (most recent 12 months) | RMB hundreds of millions (capacity & automation) | Investments that convert Vision into tangible manufacturing capability |
- R&D and Product Development - Innovation: multi-disciplinary teams focused on polymer chemistry, conductive materials, and battery electrode additives; prototyping-to-pilot cycles shortened through modular pilot lines and collaborative partnerships with universities and OEMs.
- Manufacturing and Quality - Re-innovation: iterative process improvements, lean automation investments, and upgraded quality-control analytics to improve yields and reduce cost-per-unit.
- Commercial and Strategy - Growth: targeted client wins in EV and energy storage supply chains, geographic expansion plans, and channel diversification to increase overseas revenue share.
- Product launches: regular introduction of improved grades (higher conductivity, lower impurity, tailored particle morphology) with measurable performance uplifts for customers in battery and electronic applications.
- Client diversification: growing number of tier-1 OEM and battery manufacturer customers year-over-year, leading to a multi-year average revenue growth rate outpacing certain legacy material segments.
- Patents & know-how: hundreds of proprietary formulations and process patents that shorten customer qualification cycles and enable premium pricing.
| Strategic KPI | Target / Trend | Timeframe |
|---|---|---|
| R&D Intensity (R&D / Revenue) | Maintain or increase from ~5-7% to 7-9% | 3 years |
| Overseas Revenue Share | Increase to 30-40% | 3-5 years |
| Gross Margin | Stabilize/improve toward 25-32% | 2-3 years |
| Patent Filings | +50-100 annual filings globally | Ongoing |
- Balance sheet strategy: allocate operating cash flow toward selective CAPEX for capacity and automation while preserving liquidity for market cycles.
- Dividend vs. reinvestment: prioritize reinvestment in high-return product lines and technologies while maintaining a shareholder-friendly distribution policy when cash generation allows.
- M&A and partnerships: pursue technology tie-ups and asset acquisitions that accelerate market entry or add complementary capabilities.
Zhuzhou Times New Material Technology Co., Ltd. (600458.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.