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Satellite Chemical Co 002648.SZ · CNY

Materials · Shenzhen · 🇨🇳 China

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24.47

0.00%

Close of 9 Nov 2026, in CNY

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About Satellite Chemical Co

Its shares trade on Shenzhen under the ticker 002648.SZ. It has been listed since 28 November 2011. In the fiscal year to 31 December 2025, it reported revenue of CN¥45.96bn and net income of CN¥5.31bn. At that date it held total assets of CN¥69.56bn and shareholders' equity of CN¥33.55bn.

Satellite Chemical Co., Ltd. engages in the manufacture and distribution of integrated acrylic acid and acrylates chain. The company is headquartered in Jiaxing, Zhejiang. The company went IPO on 2011-11-28. The firm's main businesses are the production and sales of petrochemical products and new chemical materials. The firm's main products are C3 bulk chemicals, new chemical materials and other chemicals, including propylene, polypropylene, acrylic acid and esters, and hydrogen peroxide. The firm distributes its products in domestic market and to overseas markets.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Materials
Industry
Chemicals
Listed since
28 Nov 2011
Employees
3,964

Leadership

Pay as last reported

  • Mr. Weidong YangChairman of the Board, President, since 2010CN¥4.9m
  • Mr. Guolin MaVice Chairman of the Board, since 2016CN¥3.0m
  • Ms. Yuying YangVice Chairman of the Board, since 2013CN¥3.0m
  • Ms. Jun LiFinance Director, Vice PresidentCN¥2.6m
  • Mr. Xiaowei ShenVice President, Secretary of the BoardCN¥1.9m
  • Mr. Jun GaoVice President, DirectorCN¥3.4m
  • Mr. Xiaodong ZhuVice President, Director, since 2018CN¥3.9m
  • Mr. Tujun MaVice PresidentCN¥3.5m
  • Mr. Lianfang FengIndependent DirectorCN¥70,800
  • Mr. Baitao GuoIndependent DirectorCN¥70,800
  • Mr. Jianhua TongIndependent DirectorCN¥70,800
  • Ms. Yi WuIndependent DirectorCN¥70,800

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
75
Environment
85
Social
73
Governance
68
Direct emissions (scope 1)
1,664,427 t
Energy emissions (scope 2)
4,521,154 t
Women in the workforce
16.53154%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Satellite Chemical Co Ltd employs 3,964 full-time employees in Jiaxing, China.
  • The company produces C3 bulk chemicals and acrylic acid esters for domestic and overseas markets.
  • Satellite Chemical Co Ltd has a strong presence in the Chemicals sector with integrated acrylic acid and acrylates chain.

Weaknesses

  • Satellite Chemical Co Ltd's business is limited to the Materials sector in China.
  • The company's products include only petrochemicals and new chemical materials.
  • Satellite Chemical Co Ltd has no mention of international expansion beyond current markets.

Opportunities

  • Satellite Chemical Co Ltd can expand its production of hydrogen peroxide in the domestic market.
  • The company can leverage its existing distribution in overseas markets for new products.
  • Satellite Chemical Co Ltd may increase sales of polypropylene in the growing Chinese market.

Threats

  • Satellite Chemical Co Ltd faces competition from other Chinese chemical companies in the Materials sector.
  • The company's reliance on petrochemical products exposes it to oil price fluctuations.
  • Satellite Chemical Co Ltd must navigate regulatory changes in the Chinese Chemicals industry.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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