Zhejiang Wansheng: deep cultivation, to help the paint industry green high-quality development - visit Zhejiang Wansheng Co., Ltd. paint division director Wang Huaiqing

In 2021, ushered in the "14th Five-Year Plan" of the opening year. The past 2020 has been an extraordinary year. As a fine chemical manufacturer with 25 years of development and new development in the coatings industry, Zhejiang Wansheng Co., Ltd. (stock code: 603010) not only achieved counter-trend growth, but also to "innovation and technology for the benefit of mankind" as the mission, continue to "become a major supplier of new materials global functional" directionIn order to further explore the "14th Five-Year Plan" period and the future of Zhejiang Wansheng how to help China's paint industry green high-quality development, this magazine specifically interviewed the director of the paint division Wang Huaiqing.
innovation-based, counter-trend growth
China Coatings: As an excellent supplier of fine chemicals, how to maintain a leading position in the market competition? After an unprecedented test, what are the impacts on the company's growth in 2020 and what expectations will it meet?
Wang Huaiqing: Founded in 1995, Wansheng has gone through 25 spring and autumn. Since its inception, the company has been focusing on the production, research and development and sales of functional fine chemicals, has now formed flame retardants, specialamines, catalysts and coatings four business units go hand in hand with a good development trend. At present, the company has 3 research and development centers, 2 production bases, global sales network. Among them, phosphorus phosphate flame retardant has achieved the world's leading position of similar products. Paint additives (epoxy curing agent / diluent) plant was completed and put into operation at the end of 2019, after more than a year of marketing, has been recognized by many major domestic and foreign paint manufacturers.
the listing of the main board in 2014, the company has grown steadily at a compound annual rate of about 25%, with sales of 1.93 billion yuan and net profit of 166 million yuan in 2019. Although experienced the impact of the outbreak of new crown pneumonia in early 2020, but under the overall promotion of epidemic prevention and control and resumption of production, the resumption of production is very smooth, from March 2020 on, the whole business situation is gradually improving, especially for engineering plastic flame retardant Strong demand for agents, some products in the specialty amine business for disinfectant hand sanitizer, demand has also increased significantly, coating curing agents / thinners with the width and breadth of market development increased, business volume also showed significant growth, so the company's business recovered very quickly. Sales in the third quarter showed a year-on-year growth trend, net profit is up 63.62 percent year-on-year, this data is gratifying, in the joint efforts of employees at all levels, the entire company is in a very positive development process. The company's full-year net profit is expected to grow by more than 100% in 2020, and sales of products in the coatings division will increase several times. Over the next few years, the company will show very good growth from the market as a whole.
to do deep sperm, to help the development of green coatings
"China Paint": as a raw material supplier, Wansheng is how to help the paint industry's green high-quality development?
Wang Huaiqing: Since its inception, the company has been focusing on the production, research and development and sales of functional fine chemicals, is the national torch program key high-tech enterprises, provincial high-tech enterprise research and development center and Zhejiang Province innovation demonstration and pilot enterprises.
for a listed company, innovation is a positive flyer that supports the company's sustainable development. The company has always adhered to the "innovation and technology for the benefit of mankind" as the mission, has long attached great importance to technology research and development investment and improve independent innovation ability, each year for research and development investment is increasing year by year, especially in 2019 for research and development investment increased by more than 40% year-on-year. At present, three research and development centers have been set up in Linhai Headquarters, Taixing, Jiangsu Province, and Zhangjiang, Shanghai, forming a research and development team with flame retardants, amine additives, catalysts and coating additives innovation research and development, material application integration researchers as the main body. In particular, Zhangjiang Research and Development Center, focusing on epoxy curing agents and other related products analysis and design, research and development and application, adhere to the "all customer-centric" business philosophy, deepen cooperation with customers, enhance customer stickyness, maintain strategic cooperation.
as a deep participant in the coating industry chain, we should grasp the market, adapt to the development of environment-friendly coatings, pay attention to providing customers with green paint solutions. Such as cashew phenol curing agent, is suitable for high-solid content, solvent-free anti-corrosion coating system, from raw materials to products, are renewable bio-based materials, has been greatly recognized by customers, the future will continue to develop water-based systems, as well as better performance, more cost-effective for high-solid content, solvent-free systems for epoxy curing agents, do deep refinement, for the paint industry to provide more green solutions.
In addition to the continuous construction of professional research and development team and research and development investment, we also attach great importance to intelligent manufacturing and process innovation, the company's factory automation production equipment in the industry leader, can ensure product quality stability, for long-term stable cooperation with customers to provide a solid cornerstone.
Wansheng will continue to invest in research and development, increase investment in the coating additive business, in order to reduce VOC and sustainable development as the grasping hand, to create value for customers as the goal, for the paint industry's green high-quality development to assume due responsibility.
Looking to the future, Wansheng will continue to uphold the core values of "integrity, pragmatism, self-discipline, tolerance" and move towards "becoming a major supplier of new global functional materials" in order to achieve the vision of "being a first-class enterprise in the global functional fine chemical additive industry".
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