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China Jushi Co., Ltd.
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China Jushi Co., Ltd.

China Jushi

China Jushi Co., Ltd. is the world's largest specialized fiberglass manufacturer, headquartered in Tongxiang, Zhejiang Province, China. Its products reach over 100 countries and regions, supported by five major production bases in Tongxiang, Jiujiang, and Chengdu (China), Egypt, and the USA, with an annual capacity exceeding 3 million tons and a global market share of over 25%. Listed on the Shang

ChinaEst. 199915K+SSE : 600176

Business Nature

Global Fiberglass Manufacturing Enterprise: • Self-produced + Self-developed + Global Operations • Global Supply Chain + Comprehensive Production System • Professional Focus + Fiberglass-led Business • Vertical Integration + Integrated from Raw Materials to Finished Products Revenue Breakdown by Business Segment Business Segment | Revenue Share | Sales Volume | Global Position Glass Fiber and Products | 95% | 19.1 billion RMB | Absolute Leader Other Business | 5% | 1.0 billion RMB | Supplementary Business Product Type Distribution Product Type | Revenue Share | Sales Volume | Technical Characteristics Alkali-free Fiberglass | Major Contribution | Significant Proportion | Mature and Stable Technology High-performance Fiberglass | Significant Contribution | Significant Proportion | Advanced and Leading Technology Specialty Fiberglass | Supplementary Contribution | Supplementary Proportion | Specialized and Unique Technology Fiberglass Products | Significant Contribution | Significant Proportion | Diverse Applications Detailed Financial Analysis 2023 China Jushi Overall Financial Performance Financial Metrics | 2023 Data | Year-over-Year Growth Revenue | 20.1 billion RMB | +5.2% Net Profit | 2.8 billion RMB | +10.3% Gross Margin | 30.5% | +2.1 percentage points R&D Investment | 850 million RMB | +12.6% Earnings Per Share | 0.70 RMB | +9.4% Business Performance Analysis Fiberglass Business: Sales volume growth driven revenue increase Product Mix: Increased proportion of high-end products Cost Control: Significant cost control effectiveness Profitability: Continuously enhanced profitability Production Capacity Leadership Analysis Global Production Capacity Layout Production Base | Scale | Technical Characteristics | Market Positioning Tongxiang Base | Largest Base | Most Advanced Technology | High-end Products Focus Jiujiang Base | Important Base | Mature Technology | Diversified Products Chengdu Base | Important Base | Western Region Layout | Regional Market Service Overseas Bases | Global Layout | Localized Production | International Market Service Capacity Advantages Total Capacity: 2.6 million tons - #1 Globally Scale Effect: Significant Economies of Scale Capacity Utilization: High Capacity Utilization Rate Expansion Plan: Continuous Expansion to Increase Market Share Technology R&D Capabilities Analysis Technology Innovation Focus Technology Area | Technology Achievement | Application Effect | Industry Position Formulation Technology | New Glass Formula Development | Enhanced Product Performance | Industry Leading Fiber Drawing Technology | High-speed Drawing Technology Innovation | Improved Production Efficiency | Globally Leading Surface Treatment | Sizing Agent Technology Breakthrough | Optimized Composite Material Interface | Technologically Advanced Environmental Technology | Energy Conservation and Emission Reduction | Improved Environmental Performance | Industry Benchmark R&D Achievements Patent Portfolio: 500+ Valid Patents Technical Standards: Multiple Industry Standards Established New Products: Multiple New Products Launched Annually Technology Cooperation: Deep Industry-Academia-Research Collaboration Global Market Position Analysis Market Share Distribution Market Region | Market Share | Competitive Position | Business Characteristics Global Market | 25%+ | Absolute Leader | World's Largest Supplier China Market | 35%+ | Absolute Leader | Domestic Market Leader European Market | Significant Share | Important Leader | Important High-end Market Participant American Market | Significant Share | Important Leader | Important American Market Participant

Core Business Areas

Company: China Jushi Co., Ltd. | Field: Core China Jushi is the world's largest fiberglass manufacturing enterprise, focusing on the R&D, production, and sales of fiberglass and products in the mineral materials sector, with scale advantages, technological leadership, and global presence as its core strengths: Fiber Glass Base Material — [Absolute Core Category] Fiberglass: Various fiberglass products - Fiber Base Material: Glass fiber base material products - Composite Material: Glass fiber composite materials Classification Number: 5.7 Note: China Jushi focuses on fiberglass manufacturing in the mineral materials sector and is the absolute leader in the global fiberglass industry.

Industry Rankings

Corporate Report

China Jushi Co., Ltd. is the world's largest manufacturer of glass-fiber and its composite materials, operating a fully integrated value chain from R&D and production to global sales. Headquartered in Tongxiang, Zhejiang, the company is listed on the Shanghai Stock Exchange (SSE: 600176) and holds a brand-heat score of 855/1000, reflecting its dominant market position and high global visibility. Its core products—alkali-free, medium-alkali, high-performance fibers, fabrics and composite materials—serve a wide range of industries including construction, automotive, aerospace and renewable energy.


For FY 2025 (covering calendar year 2024), Jushi reported revenue of about ¥350 billion, up 8.5% year-on-year, with net profit of ¥45 billion (+10.5%) and a gross margin of 30%