Introduction
Shanghai Huide Science & Technology Co., Ltd. (上海汇得科技股份有限公司) is a Shanghai-listed Chinese manufacturer focused on advanced polyurethane materials and related new-materials solutions. Founded in 2007 and tracing its origins to a 1997 predecessor, the company develops, produces, and sells polyurethane resin systems, thermoplastic polyurethane elastomers, adhesives, potting compounds, waterborne polyurethane products, polyester polyols, and components used in new-energy vehicles.
Huide is headquartered in Jinshan District, Shanghai, and has been listed on the Shanghai Stock Exchange since 2018 under stock code 603192. In the plastics and polymer materials sector, the company is positioned as a specialty materials supplier serving downstream industries such as automotive, electronics, batteries, home goods, sports, footwear, apparel, luggage, and rail transit.
History and Development
Huide’s corporate development began with Shanghai Huide Chemical, established in 1997, which later evolved into the present company founded in 2007. The company’s transition from a chemical enterprise into a listed materials group marked a shift toward larger-scale R&D, manufacturing, and industrial supply capabilities.
A major milestone was its public listing on the Shanghai Stock Exchange in 2018, which strengthened its access to capital and broadened its corporate profile within China’s specialty chemicals market. Company disclosures describe a business structure built around multiple production bases and subsidiaries, reflecting expansion beyond a single-site operation into a multi-location manufacturing platform.
More recently, Huide has emphasized product categories aligned with new-energy vehicle and waterborne materials trends, indicating a strategic response to evolving demand for lightweight, high-performance, and lower-emission polymer systems.
Business Operations and Segments
Huide’s core business is the research, production, sales, and technical service of polyurethane materials. Its operations are centered on specialty formulations rather than commodity resin production, which places greater emphasis on application engineering, customer specification work, and process consistency.
Key operational areas include:
- Polyurethane resins for synthetic leather
- TPU *(**thermoplastic polyurethane **elastomer)*
- Polyurethane system solutions
- Polyurethane adhesives and potting compounds
- Waterborne polyurethane
- Polyester polyols
- NEV supporting components
The company reports a group structure with multiple production bases and wholly owned subsidiaries, supporting manufacturing, logistics, and service functions. This structure is consistent with a specialty polymer supplier that must coordinate raw materials, compounding, quality assurance, and downstream application support across several end markets.
Products and Technologies
Huide’s product portfolio centers on polyurethane chemistry, a class of materials valued for its tunable hardness, elasticity, abrasion resistance, bonding performance, and processing flexibility. In industry usage, polyurethane is often described as a highly adaptable polymer family, and Huide’s product mix reflects that versatility across film, coating, adhesive, foam-related, and elastomeric applications.
Main product families
| Product family | Typical role |
|---|---|
| Polyurethane resins for synthetic leather | Binder systems for coated or composite leather substitutes |
| TPU | Flexible, abrasion-resistant elastomer for molded or extruded parts |
| Adhesives and potting compounds | Bonding, sealing, encapsulation, and protection of components |
| Waterborne polyurethane | Lower-solvent or water-based formulations for more environmentally oriented applications |
| Polyester polyols | Key intermediates used in polyurethane synthesis |
| NEV supporting components | Application-specific polyurethane parts for electric-vehicle-related systems |
Technical characteristics
The company’s disclosed product descriptions indicate performance-oriented formulations such as dry coating, dry adhesive, wet process, two-component systems, high peel strength, hydrolysis resistance, cold resistance, and non-yellowing properties. These characteristics are especially relevant in synthetic leather, footwear, automotive interiors, electronics protection, and durable consumer goods.
Huide also supplies polyurethane foam components for new-energy vehicle batteries, a product area that suggests use in cushioning, insulation, or protective structural functions within battery systems. Its waterborne polyurethane products and solvent-free systems align with broader industry movement toward reduced volatile organic compound exposure and more process-efficient formulations.
Applications and End Markets
Huide’s products are used across a broad set of downstream industries, with particularly strong exposure to transportation and consumer applications.
Major end markets include:
- Automotive, including interior and NEV-related applications
- Electronics and electrical equipment
- Batteries and energy storage systems
- Footwear, apparel, and luggage
- Home furnishings and household goods
- Sports and leisure products
- Rail transit
This customer mix is characteristic of a specialty materials supplier whose commercial value depends on formulating polymers to meet specific mechanical, processing, and durability requirements rather than on serving a single commodity market.
Global Presence and Market Position
Huide is primarily identified as a China-based polyurethane materials company with a headquarters in Shanghai and manufacturing footprints in China. Available company descriptions indicate that it serves both domestic and international markets, although its core operational base remains in China.
Within the plastics and polymer industry, Huide occupies a niche in specialty polyurethane materials rather than bulk resins or large-scale petrochemical feedstocks. Its market position is shaped by technical formulation capability, customer-specific product development, and alignment with fast-growing application areas such as NEVs, electronics, and synthetic materials.
Sustainability and Environmental Initiatives
Huide’s product portfolio includes waterborne polyurethane and environmentally friendly solvent-free formulations, indicating an industrial response to regulatory and customer pressure for lower-emission materials. In polyurethane markets, these technologies are often associated with reduced solvent content and improved compliance with environmental expectations in coatings, adhesives, and synthetic leather applications.
Company disclosures also reference ISO 50001 and other management-system certifications, alongside IATF 16949 and multi-system quality credentials, suggesting formalized attention to energy management and automotive supply-chain requirements. These certifications are important in industries where process control, traceability, and environmental performance affect vendor qualification.
Financial Performance and Economic Impact
As a listed company, Huide provides recurring disclosures to investors and regulators, which underscores its role as a publicly accountable industrial supplier. Public materials identify it as a manufacturer within the chemical raw materials and chemical products sector, with business performance tied to downstream industrial demand and cyclical conditions in specialty manufacturing.
Its economic contribution is primarily through:
- domestic production of specialty polyurethane materials,
- supply-chain integration for downstream manufacturers,
- support for materials substitution in consumer and industrial goods,
- and participation in China’s advanced materials and NEV ecosystems.
Because detailed revenue and margin data were not requested and can vary by reporting period, the company’s financial profile is best understood through its listed status, product breadth, and multi-site manufacturing base rather than any single headline metric.
Leadership and Corporate Governance
Public filings identify Qian Jianzhong as the company’s legal representative and executive head in the available disclosures. Company reports also name a structured governance and investor-relations framework, consistent with the requirements of a Shanghai-listed issuer.
Huide’s disclosures indicate formal corporate governance arrangements typical of Chinese public companies, including board-level reporting, investor communications, and regulatory filings. The company also reports a set of certifications and industrial honors, including recognition as a “Little Giant” enterprise, which is generally associated with specialized, technologically capable small and medium-sized manufacturers in China.
Innovations and Future Outlook
Huide’s future prospects are closely linked to the evolution of specialty polyurethane demand in automotive electrification, electronics miniaturization, higher-performance consumer goods, and environmentally oriented material substitution. Its portfolio suggests continued development in:
- waterborne and low-solvent polyurethane systems
- TPU for durable and flexible parts
- adhesive and potting formulations for electronics
- battery-related polyurethane components
- application-specific synthetic leather systems
The company’s emphasis on technical service and product customization implies that competitive success will depend not only on manufacturing scale but also on formulation expertise, customer qualification, and adaptation to tighter environmental and performance standards.
References
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CPS+ eMarketplace. (n.d.). SHANGHAI HUIDE SCIENCE AND TECHNOLOGY CO., LTD.SHANGHAI HUIDE SCIENCE AND TECHNOLOGY CO., LTD.. CPS+ eMarketplace. https://www.chinaplasonline.com/eMarketplace/ExhibitorInfo?CompId=1016203Link