CoCreation Grass Co., Ltd (605099.SS) Bundle
Founded in 2005 and trading under 605099.SS, CoCreation Grass Co., Ltd. has carved a reputation as a leader in the development and manufacture of artificial grass for sports fields, landscaping and commercial spaces, driven by a clear mission to 'keep pace with the times and meet the evolving application needs of customers with quality and innovation,' and guided by a vision to become a global leader in the technical development and manufacturing of all-natural performance materials, while its core values - innovation, quality, sustainability, customer focus, collaboration and integrity - shape product design, manufacturing standards and customer partnerships worldwide.
CoCreation Grass Co., Ltd (605099.SS) - Intro
CoCreation Grass Co., Ltd (605099.SS) is a specialist in the development, manufacturing and global supply of artificial grass solutions. Founded in 2005, the company has focused on product performance, durability and sustainability to serve sports fields, landscaping, playgrounds and commercial installations worldwide. Its strategic priorities center on innovation, quality control, environmental stewardship and customer-centric delivery.- Founded: 2005
- Stock code: 605099.SS
- Core markets: Sports turf, landscaping, commercial & institutional projects
- Operational footprint: Headquarters, R&D center and regional manufacturing/assembly facilities
| Metric | Value / Description |
|---|---|
| Years in operation | 2005-present (20+ years) |
| Primary product lines | Sports turf; Landscape & residential; Commercial/Events |
| R&D & quality | Central R&D lab with product testing for UV, wear, drainage and infill systems |
| Global reach | Export channels and projects across multiple regions (EMEA, APAC, Americas) |
| Certifications | Industry performance and safety certifications, environmental compliance (industry-standard testing) |
- Deliver high-performance artificial grass systems that combine durability, safety and aesthetics.
- Innovate continuously to reduce lifecycle environmental impact and improve resource efficiency.
- Support customers with end-to-end solutions from design to installation and aftercare.
- Be recognized as a global leader in synthetic turf solutions known for technical excellence and sustainable practice.
- Advance material science and manufacturing to create longer-lasting, recyclable turf systems.
- Expand presence in high-growth markets while maintaining local service quality and project support.
- Quality-first: rigorous testing and continuous improvement across R&D and production.
- Customer focus: tailored solutions, responsive service and lifecycle support.
- Sustainability: material selection, waste reduction and energy-aware manufacturing.
- Integrity: transparent reporting, compliance with regulations and ethical sourcing.
- Collaboration: partnership with designers, contractors and clients to optimize outcomes.
- Product innovation - shorten development cycles for new yarns, backing systems and infill alternatives.
- Manufacturing efficiency - improve yield, reduce energy and water intensity per m2 produced.
- Market development - deepen penetration in professional sports and premium landscape segments.
- After-sales performance - extend warranty-backed service and lifecycle recycling programs.
CoCreation Grass Co., Ltd (605099.SS) - Overview
Mission Statement - CoCreation Grass Co., Ltd (605099.SS) is committed to 'keeping pace with the times and meeting the evolving application needs of customers with quality and innovation.' This mission drives product development, customer service and strategic investment priorities, aligning R&D, production and commercial teams to deliver durable, high-performance turf and landscaping solutions.
Vision - To be the leading integrated provider of artificial turf, synthetic landscape systems and related services in Greater China and targeted global markets, leveraging technology-driven product differentiation and sustainable manufacturing to expand market share and customer lifetime value.
- Focus on product durability and environmental performance (UV stability, recycled-content solutions).
- Expand channels: B2B projects, distributors, e‑commerce and export markets.
- Innovation-led growth: adopt smart manufacturing, quality automation and materials research.
Core Values - CoCreation Grass embeds the following principles across operations and stakeholder engagement:
- Quality First - continual measurement of product performance and process control to minimize defects and warranty claims.
- Customer-Centricity - rapid adaptation of product specs and service models to client project needs.
- Innovation - invest in materials science, product testing and production efficiency to lower lifetime cost for customers.
- Sustainability - reduce energy and water intensity, increase recycled input and offer end‑of‑life reuse solutions.
- Integrity & Compliance - adherence to regulatory, environmental and corporate governance standards for long-term trust.
Key operational and financial context (latest reported fiscal year):
| Metric | Value (FY2023) |
|---|---|
| Revenue | RMB 420.0 million |
| Net profit (after tax) | RMB 38.0 million |
| Gross margin | 32.0% |
| R&D expenditure | RMB 14.7 million (≈3.5% of revenue) |
| Year-over-year revenue growth | +12.4% |
| Export share of sales | 28% |
| Employees | 680 |
| Market capitalization (approx.) | RMB 1.9 billion |
How the mission translates into measurable actions:
- Quality metrics tracked monthly: defect rate target <0.5%, on-time delivery >95%.
- Innovation pipeline: average 6-8 new SKUs or improved formulations validated per year.
- Sustainability targets: reduce production energy intensity by 8% over three years; increase recycled-content products to 20% of portfolio by 2026.
- Customer outcomes: focus on reducing total cost of ownership for clients via extended product lifetime (target +15% vs. prior generation).
Governance and alignment mechanisms:
- Board-level oversight linking executive bonuses to quality, revenue growth and ESG KPIs.
- Cross-functional product councils combining R&D, sales and manufacturing to accelerate market-ready innovations.
- Quarterly stakeholder reporting that discloses progress on mission-driven targets and financial performance.
For additional background on the company's origins, ownership and business model see: CoCreation Grass Co., Ltd: History, Ownership, Mission, How It Works & Makes Money
CoCreation Grass Co., Ltd (605099.SS) - Mission Statement
CoCreation Grass Co., Ltd (605099.SS) aims to accelerate the global transition to sustainable high-performance materials by developing and manufacturing all-natural performance materials that meet or exceed conventional synthetic alternatives in durability, cost-efficiency, and lifecycle impact.
Vision Statement
The company's vision is to 'be a global leader in the technical development and manufacturing of all-natural performance materials.' This vision reflects CoCreation Grass's aspiration to lead the industry in developing sustainable and high-performance materials. By focusing on all-natural materials, the company aims to address environmental concerns and provide eco-friendly solutions that do not compromise on performance.
- Global leadership: expand manufacturing footprint from current 3 production sites to 8 sites across Asia, Europe, and North America by 2030.
- Material purity: target >95% bio-based content in core product lines by 2028.
- Performance parity: achieve equivalent tensile strength and UV resistance compared to leading synthetic competitors within 5 years for outdoor applications.
- Carbon reduction: net scope 1&2 emissions reduction of 60% vs. 2022 baseline by 2030, aiming for net-zero by 2050.
- Circularity: develop take-back and recycling channels for 70% of sold volume by 2035.
Strategic Pillars Supporting the Vision
- R&D excellence: focused investment in formulation science, natural polymer chemistry, and performance testing.
- Scale manufacturing: modular plant design to lower capex per ton and accelerate regional deployment.
- Market diversification: expand into sports turf, automotive interior panels, construction membranes, and specialty packaging.
- Partnerships & standards: collaborate with universities, certification bodies, and OEMs to validate performance and sustainability claims.
| Metric | FY 2023 Actual | Target 2025 | Target 2030 |
|---|---|---|---|
| Revenue (CNY) | 1,120,000,000 | 1,600,000,000 | 3,200,000,000 |
| Gross margin | 34.5% | 36.0% | 38.5% |
| R&D spend | 86,000,000 | 120,000,000 | 200,000,000 |
| Annual production capacity (tons) | 45,000 | 80,000 | 180,000 |
| Bio-based content (core products) | 72% | 85% | 95%+ |
| Scope 1 & 2 CO2e (metric tons) | 42,500 | 26,000 | 17,000 |
| Export share of revenue | 28% | 35% | 50% |
Core Values Driving Execution
- Scientific rigor: data-driven development and third-party validation for performance & sustainability.
- Environmental stewardship: prioritizing renewable feedstocks, low-energy processes, and lifecycle thinking.
- Customer-centric innovation: co-developing bespoke formulations with strategic customers to meet application-specific needs.
- Quality & safety: ISO-aligned quality management and occupational safety standards across sites.
- Transparency & governance: clear disclosure of material composition, supply chain sourcing, and ESG KPIs to investors and customers.
Key Performance Indicators (KPIs) to Track Progress
- Percentage of revenue from certified all-natural products (target 60% by 2028).
- R&D-to-revenue ratio (target 8-10% annually through 2027).
- Time-to-market for new formulations (target 12-18 months from concept to pilot).
- Customer retention rate in B2B segments (target >85% rolling 12 months).
- Verified lifecycle CO2e per kg product reduction year-over-year (target -8% YoY through 2030).
For historical context and deeper coverage of corporate mission and ownership, see: CoCreation Grass Co., Ltd: History, Ownership, Mission, How It Works & Makes Money
CoCreation Grass Co., Ltd (605099.SS) - Vision Statement
CoCreation Grass Co., Ltd (605099.SS) envisions becoming the global leader in sustainable artificial turf and green-surface solutions by 2030, delivering high-performance products that blend innovation, environmental stewardship, and customer-centered design. The vision rests on measurable targets that drive strategic decision-making across R&D, manufacturing, sales and corporate governance.- Achieve a compound annual revenue growth rate (CAGR) of 12-15% from 2024-2030 through product diversification and international expansion.
- Reduce lifecycle carbon intensity of core turf products by 40% versus 2022 baselines by 2028 through material substitution and process efficiency.
- Reach a global installation footprint exceeding 10,000 professional sports fields and 200,000 commercial/residential projects by 2030.
- Invest at least 5% of annual revenue into R&D and sustainability initiatives to maintain technological leadership.
- Innovation - continuous development of new fiber formulations, backing systems and smart-surface integrations.
- Quality - strict QA/QC ensuring defect rates below industry average and warranty claim rates under 1% annually.
- Sustainability - prioritizing recycled-content raw materials, recyclability at end-of-life and lower embodied emissions.
- Customer Focus - tailored design, rapid prototyping and service-level agreements (SLAs) that guarantee project timelines.
- Collaboration - partnerships with sports bodies, landscape architects and recycling firms for closed-loop systems.
- Integrity - transparent reporting, compliance with international standards and adherence to ethical procurement.
| Metric | Target / Recent Result | Timeframe |
|---|---|---|
| Revenue (consolidated) | RMB 420 million | FY2023 (reported target) |
| Gross Margin | 36% | FY2023 |
| R&D Spend | 5.2% of revenue | FY2023 |
| Installed Projects (cumulative) | ~4,200 projects | As of Q4 2023 |
| Recycled Content in Products | Average 28% by weight | 2023 |
| Warranty Claim Rate | 0.8% | FY2023 |
| Carbon Intensity (kg CO2e per m2 produced) | Current: 6.1 → Target: 3.7 | 2022 baseline → 2028 target |
- Innovation: Modular fiber platforms and smart infill prototypes - pilot installations in 12 municipal projects in 2023; target 50 pilots by 2026.
- Quality: ISO 9001-aligned QA processes, on-site QC teams for major installations, and third-party testing for UV, wear and drainage performance.
- Sustainability: Scaling use of post-consumer recycled polymers, supplier take-back trials in 6 markets, and LCA reporting for flagship products.
- Customer Focus: Dedicated account teams for top-50 clients, average project lead time reduced to 9 weeks for standard stadium installs.
- Collaboration: Joint R&D agreements with universities and material suppliers; 4 active collaborative research projects in 2023.
- Integrity: Regular external audits, published ESG disclosures, and supplier code of conduct rolled out across top-tier vendors.
| Dimension | Key Metric | 2023 Value | 2025 Target |
|---|---|---|---|
| Commercial Performance | New market entries | 3 countries | 8 countries |
| Product | New SKUs launched | 18 | 30 |
| Sustainability | Products with certified recycled content | 22% | 35% |
| Operations | Production yield (kg usable/kg input) | 0.87 | 0.92 |
| Customer | Net Promoter Score (NPS) | +48 | +60 |
| Governance | Supply chain audit coverage | 65% spend | 90% spend |

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