Introduction
China Jushi Co., Ltd. is a Chinese listed materials company focused on the manufacture and sale of fiberglass and fiberglass-based products. Headquartered in Tongxiang, Zhejiang, it is a core enterprise in the fiberglass business of China National Building Material Company Limited (CNBM) and has been listed on the Shanghai Stock Exchange since 1999.
In the global plastics and composites ecosystem, China Jushi occupies an important upstream position as a major supplier of glass-fiber reinforcement materials used in plastics, composites, construction, transportation, electronics, energy, and industrial applications. Its product range spans rovings, chopped strands, mats, woven rovings, electronic yarns, and related fiberglass articles, making it a key contributor to reinforced polymer systems and composite manufacturing supply chains.
The company has expanded from a domestic Chinese producer into a multinational manufacturer with production bases in China, Egypt, and the United States, while maintaining a business model centered on glass-fiber manufacturing, technical services, and related industrial materials. Industry and financial profiles describe it as one of the largest fiberglass producers in China and a significant participant in the international fiberglass market.
History and Development
China Jushi was established in 1998 and became publicly listed in 1999 on the Shanghai Stock Exchange under stock code 600176. Company and market filings identify the enterprise as having originally operated under earlier names before adopting the China Jushi brand in the mid-2010s.
Several milestones mark its development:
- 1998–1999: Formation and listing The company was founded in 1998, incorporated in 1999, and listed the same year, giving it access to capital for capacity expansion and industrial scaling.
- 2015: Corporate renaming Public company records indicate that the company changed its name from China Fiberglass Co., Ltd. to China Jushi Co., Ltd. in March 2015, aligning the corporate brand more closely with its operating identity and group structure.
- 2020s: International manufacturing footprint Company disclosures describe five fiberglass production bases globally, including facilities in Tongxiang, Jiujiang, Chengdu, Suez, and South Carolina, reflecting a strategy of geographic diversification and supply-chain reach.
Business Operations and Segments
China Jushi’s principal business is the production and sale of glass fiber and related products, with additional activities in technical services, materials-related trade, and industrial support functions.
Its business profile includes:
- Fiberglass manufacturing and sales
- Related finished articles and composite inputs
- Technical development and services
- Power generation, transmission, and distribution services
- Sales and processing of certain mineral and chemical inputs
- Import and export activities involving glass-fiber machinery and raw materials
The company’s operational model is vertically oriented around the glass-fiber value chain, with supporting activities that help stabilize raw-material supply, process support, and downstream market access.
Products and Technologies
China Jushi produces a broad portfolio of E-glass and related fiberglass products. Public company descriptions identify more than 100 product categories and up to 1,000 specifications, indicating a highly diversified product matrix aimed at multiple processing routes and end uses.
Core product lines
- Glass fiber rovings
- Chopped strands
- Continuous mats
- Stitched combo mats
- Powder chopped strand mats
- Emulsion chopped strand mats
- Woven rovings
- Electronic yarns and fabrics
Market profiles also identify product families such as:
- Alkali-free glass fiber
- Medium-alkali glass fiber
- High-alkali glass fiber
Technical and process relevance
These materials are used as reinforcement in composites and polymer systems for processes such as:
- Continuous profile manufacturing
- Compression molding
- Open molding
- Pipe production
- Fabric and mat processing
Technically, glass fiber reinforcement improves stiffness, dimensional stability, impact resistance, and heat resistance in many plastics and composite applications. China Jushi’s range of rovings, mats, and fabrics positions it to serve both traditional thermoset composites and broader industrial reinforcement markets.
Applications and End Markets
China Jushi’s products are used across a wide spread of industrial sectors.
Major end markets
- Building and construction
- Infrastructure
- Electrical and electronic
- Transportation
- Energy and environmental protection
- Chemical corrosion resistance
- Sports and leisure
- Marine, aerospace, and medical-related applications
The company’s materials are especially relevant where plastics and composites must combine low weight with mechanical reinforcement, corrosion resistance, electrical insulation, or thermal stability. Its electronic yarns and fabrics are also relevant to printed circuit and insulation-related applications within the electronics supply chain.
Global Presence and Market Position
China Jushi operates in both domestic and overseas markets. Company disclosures describe five global production bases, supporting regional supply and export access.
Available corporate information places the company among the largest fiberglass producers in China and a major global manufacturer in the sector. Company materials state that it has maintained a leadership position in global fiberglass on measures including output, technology, market, and profit. Because precise market-share figures are not consistently published in the supplied sources, it is more accurate to describe China Jushi as a large-scale international fiberglass producer rather than quantify its share.
Sustainability and Environmental Initiatives
Company materials identify China Jushi as a Green Plant of Zhejiang Province and a National Technology Innovation Demonstration Enterprise, suggesting emphasis on cleaner production and industrial upgrading. It also operates as a National-Level Enterprise Technology Center and supports post-doctoral research activities, both of which indicate a formalized innovation and process-improvement system.
From an industry standpoint, fiberglass has a mixed environmental profile. It can enable lighter-weight products and longer-life composite structures, but it remains energy-intensive to produce and depends on careful control of furnace operations, emissions, and industrial by-products. China Jushi’s sustainability profile therefore needs to be understood in the context of the broader glass-fiber industry, where efficiency, energy management, and process optimization are central themes.
Financial Performance and Economic Impact
Recent financial disclosures show substantial scale. One 2025 annual report states revenue of RMB 18.88086 billion and net profit attributable to shareholders of RMB 3.28546 billion, with year-on-year growth in both measures. Other financial profiles report similar revenue and earnings figures, consistent with the company’s scale in industrial materials.
Its economic impact is reflected in:
- Large-scale employment, with profiles listing roughly 14,000+ employees.
- Significant manufacturing capacity, described by the company as up to 2 million tons in one group disclosure.
- Contribution to downstream sectors that rely on reinforced materials and composite supply.
Leadership and Corporate Governance
Public filings identify Guoming Yang as the legal representative and a senior executive, with other directors and officers disclosed in market and regulatory profiles. The company is structured as a publicly listed joint-stock company with CNBM-linked strategic ownership and a governance framework typical of large Chinese industrial groups.
Board and executive disclosures indicate a multi-person management structure covering finance, legal affairs, operations, and general management.
Innovations and Future Outlook
China Jushi’s innovation model centers on process scale-up, product breadth, and technical specialization. Its national technology center, post-doctoral program, and innovation recognition suggest continued emphasis on materials engineering and manufacturing process control.
Likely future priorities, based on its disclosed business structure and industry conditions, include:
- Expanding higher-value fiberglass grades and specialty fabrics
- Improving production efficiency and energy intensity
- Supporting composite applications in transportation, energy, and electrical systems
- Maintaining international manufacturing and distribution resilience
- Broadening downstream compatibility with engineered plastics and composite processing routes
Summary
China Jushi is a major Chinese fiberglass manufacturer and a core CNBM enterprise whose products are integral to reinforced plastics and composite manufacturing. Its scale, global production footprint, diversified product portfolio, and technical orientation make it a significant supplier in the international fiberglass supply chain, especially for construction, transportation, electrical, and industrial end markets.
References
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CPS+ eMarketplace. (n.d.). CHINA JUSHI CO., LTD.CHINA JUSHI CO., LTD.. CPS+ eMarketplace. https://www.chinaplasonline.com/eMarketplace/ExhibitorInfo?CompId=1029501Link