VerityRank
China Jushi Co., Ltd.
Company VerifiedChina

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 Shanghai Stock Exchange, it reported revenue of approximately RMB 35 billion in FY2025. The company holds an absolute leadership position in the global fiberglass industry, leveraging its unparalleled production scale, leading process technologies like large-scale tank furnace fiberizing, and the significant cost advantages derived therefrom.

Strengths: China Jushi's core strengths are its unparalleled economies of scale and superior cost control capabilities stemming from its position as the world's largest producer; its industry-leading core process technologies, particularly in large tank furnace operations; and the supply chain resilience built through its globalized production footprint extending from China to Egypt and the USA.

Weaknesses: The company's performance is susceptible to cyclical demand fluctuations in the fiberglass industry. Rising costs of key raw materials and energy pose ongoing pressure on its cost control. It also faces market risks associated with changes in the international trade environment and potential trade barriers.
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ChinaFounded 199915K+ / 100
Listed onSSE600176
Last updated: November 2026·By VerityRank Research Team·Methodology

Listed market data

600176 · SSE · weeklyHistory →
Market cap
$17 B
Share price
CNY 26.68
1Y change
+71.8%
Recent change
-5.3%

11-02 → 11-03

Since first close
+53.9%

from 2025-09

· updated 2026-11-03

Financial history

Full market history
CNY 0$0CNY 20$12.5 BCNY 40$25.0 BCNY 60$37.5 BCNY 80$50.0 B2025-122026-012026-022026-032026-042026-052026-062026-072026-082026-092026-102026-11
MonthCloseMarket capChange
  • 2026-11CNY 26.68$17 B-3.6%
  • 2026-10CNY 27.68$17.6 B-29.8%
  • 2026-09CNY 39.41$25 B-10.3%
  • 2026-08CNY 43.93$27.9 B+16.1%
  • 2026-07CNY 37.84$24 B-48.1%
  • 2026-06CNY 72.88$46.3 B+73.1%
  • 2026-05CNY 42.10$26.8 B+22.0%
  • 2026-04CNY 34.50$21.9 B+41.9%
  • 2026-03CNY 24.31$15.4 B-10.1%
  • 2026-02CNY 27.04$17.2 B+26.5%
  • 2026-01CNY 21.37$13.6 B+25.0%
  • 2025-12CNY 17.10$10.9 B—
Monthly closes · 2025-12 – 2026-11 · Full market history

Ownership & Control

Latest available filings
Controlling entity
Publicly held — no controlling shareholder disclosed
Company type
Company
Insiders
—
Institutions
—
Free float
—

Percentages are of total shares outstanding, aggregated from 13F-style filings via Yahoo Finance. Institutional figures reflect US-filed positions and may undercount owners filing elsewhere. No figure is shown where none is disclosed.

In the press

All coverage →5 latest headlines3
Headlines aggregated from public feeds. Sentiment tags are keyword-based, not editorial judgement.

China Jushi Co., Ltd., known internationally as China Jushi, is the world's largest manufacturer of glass fiber and glass fiber composite materials, headquartered in Tongxiang, Zhejiang Province, China. Listed on the Shanghai Stock Exchange (SSE: 600176), China Jushi operates as the flagship subsidiary of the China Jushi Group, commanding a brand heat score of 77/100 that reflects its dominant market position and high visibility within the global fiberglass industry. The company employs approximately 15,000 professionals across its global operations, which span five major production bases located in China (Tongxiang, Jiujiang, Chengdu), Egypt, and the United States, with commercial operations reaching customers in over 100 countries and regions. With annual production capacity exceeding 3 million metric tons, China Jushi controls approximately 25% of global fiberglass production capacity, making it the undisputed industry leader in one of the most capital-intensive and scale-dependent sectors in materials manufacturing. The company's vertically integrated business model encompasses the entire value chain from raw material processing through melting and fiberization to finished product manufacturing and global distribution, enabling superior cost control, quality management, and customer service capabilities that reinforce its market leadership position.

Core Business

China Jushi's business focuses exclusively on glass fiber materials and their downstream applications, making it the global authority in this specialized segment of the mineral materials industry. The company's primary product line encompasses alkali-free glass fiber rovings, chopped strands, yarns, fabrics, and surface mats that serve as essential reinforcement materials in composite applications across numerous end markets. Glass fiber roving products—including both single-end roving and multi-end roving—represent the company's core revenue driver, accounting for approximately 80% of total sales and serving customers in wind energy, electrical insulation, transportation, and construction applications. Glass fiber products including woven fabrics, braided sleeving, and specialty composites represent the company's deep-processing segment, which generates approximately 20% of revenues and offers higher margins through additional manufacturing value-add. China Jushi's products serve critical applications in wind turbine blade manufacturing where fiberglass composites provide the strength-to-weight ratio essential for efficient energy generation, automotive lightweighting where material substitution reduces vehicle weight and improves fuel efficiency, electrical insulation for transformers, motors, and power distribution equipment, and structural reinforcement in construction applications including bridge deck panels, architectural panels, and rehabilitation systems. The company's reinforcement materials segment addresses composite material customers requiring specialized glass fiber formats for unique manufacturing processes and performance requirements.

Global Presence

China Jushi's global manufacturing footprint comprises five major production bases strategically positioned to serve key regional markets while maintaining efficient logistics and supply chain operations. The company's Chinese production network includes its flagship Tongxiang facility in Zhejiang Province—serving the prosperous Yangtze River Delta economic zone—along with major manufacturing complexes in Jiujiang (Jiangxi Province) and Chengdu (Sichuan Province) that position the company to serve inland industrial customers and the western China's growing market. The Egypt production base serves as the company's primary manufacturing platform for European and African markets, offering significant logistics advantages including shorter delivery times and duty-free access to the European Union market through Egypt's trade agreements, while also avoiding anti-dumping duties that affect Chinese exports to Europe. The United States production facility serves the critical North American market, providing local supply to customers in wind energy, transportation, and construction while avoiding trade barriers on Chinese imports. Across all facilities, China Jushi operates over 30 advanced production lines utilizing state-of-the-art large-scale furnace technology, energy-efficient melting processes, and highly automated forming and processing equipment that enable industry-leading production efficiency and product quality consistency. The company's global sales network reaches customers in over 100 countries, with particularly strong positions in Germany, France, and other European markets, North America, and Southeast Asia.

Key Strengths

China Jushi's competitive advantages derive from unmatched scale, superior cost position, technological leadership, and vertically integrated operations that create formidable barriers to competitive entry in the global fiberglass industry. The company's scale advantages are decisive: with over 25% of global production capacity and annual output exceeding 3 million metric tons, China Jushi achieves unit costs that competitors cannot match, supported by superior bargaining power with raw material suppliers and logistics providers. The company's large-scale furnace technology represents continuous process innovation that improves energy efficiency, increases production yields, and enhances product quality, with advanced (pool furnace) technology setting the standard for modern fiberglass manufacturing. China Jushi's vertically integrated operations encompass raw material processing, glass melting, fiber forming, surface treatment, and finished product manufacturing, providing complete control over the value chain and enabling rapid response to customer requirements. The company's strategic geographic positioning—with production in China, Egypt, and the United States—provides unique advantages including access to major end markets, logistics efficiency, and trade policy optimization that competitors with more concentrated manufacturing footprints cannot replicate. Looking ahead, China Jushi is well-positioned to benefit from continued growth in wind energy installations, increasing automotive lightweighting, and expanding construction activity globally, with structural demand drivers supporting sustained capacity utilization and pricing stability. The company holds a VerityRank Score of 77/100.

Quick Facts

Headquarters

Tongxiang, Zhejiang, China

Founded

1999

Employees

15K+

Market cap

$17 B

Presence

100+ Countries

Listing

SSE: Listed

Categories
New Energy & Eco-Materials IndustryConductive & EMI Shielding IndustryEnergy Conversion IndustryGlass Substrate Raw Materials & Industrial Base Glass IndustryMining & Minerals CompaniesMining & Minerals ManufacturersFunctional Mineral Materials & Smart Composites IndustrySteel Raw Materials & Semi-Finished Products CompaniesSteel Raw Materials & Semi-Finished Products Manufacturers & SuppliersMetal Surface Treatment Materials CompaniesMetal Surface Treatment Materials Manufacturers & SuppliersHigh-Performance Metal Materials IndustryRolled Metal Semi-Finished Products IndustrySteel Raw Materials & Semi-Finished Products Industry

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Related

Data Sources & Methodology

This corporate profile is compiled from publicly available sources including company annual reports, SEC/regulatory filings, official press releases, and verified third-party industry databases. Financial figures reflect the most recent fiscal year disclosures and are cross-validated across multiple independent references.

VerityRank Score is calculated using a proprietary multi-dimensional model evaluating market presence, financial strength, operational scale, innovation capacity, and brand influence. Individual dimension scores are normalized against industry peers and updated quarterly.

Disclaimer: This profile is for informational purposes only. VerityRank makes no warranties regarding completeness or timeliness. This content does not constitute investment advice or endorsement.

Key references: SSE : 600176