Investment Rating - The report does not explicitly state the investment rating for Trust Chem (001335.CH) Core Insights - Trust Chem has been deeply rooted in the organic pigment industry for 30 years, establishing a mature business model and becoming a significant supplier globally. The company specializes in organic pigments used in inks, coatings, and plastics, catering to a wide range of customized demands from numerous downstream segments and customers [2][3] - The company effectively manages its supply chain resources, integrating upstream suppliers to offer a comprehensive range of over 450 pigment product specifications characterized by various resistance properties and environmental friendliness. Trust Chem has completed REACH registration for 89 organic pigments, positioning itself as a leader in this aspect within the domestic industry [4][3] - Trust Chem has developed a global sales network, establishing long-term relationships with major international clients such as DIC Corporation and Sherwin-Williams Company. The company operates in over 70 countries and has ranked first in the national organic pigment export industry from 2015 to 2023 [4][3] Summary by Sections Company Overview - Trust Chem was founded in 1996 and has become a key player in the organic pigment industry, focusing on understanding customer needs and developing tailored solutions [2][3] Supply Chain Management - The company has a dynamic approach to managing supply chain resources, enhancing its supply structure through product development and quality management. It has established core technologies in pigment surface treatment and detection, allowing for customized product development [4][3] Global Presence - Trust Chem has a strong brand presence and operates subsidiaries in various countries, contributing to its extensive global reach and consistent export leadership in the organic pigment sector [4][3]