ZANYU TECHNOLOGY(SZ:002637)2023-09-20 09:31Group 1: Company Overview - Zanyu Technology Group Co., Ltd. specializes in the research, development, and manufacturing of surfactants and fatty chemical products, holding approximately one-third of the market share in these sectors [2][4] - The company has established industrial production bases in multiple locations, including Hangzhou, Jiaxing, and Jakarta, with annual production capacities exceeding 1.1 million tons for sulfonated surfactants and 1 million tons for fatty chemical products [2][3] Group 2: Product Applications - Surfactants produced by the company are primarily used in detergents, cosmetics, food processing, and textile dyeing industries, which are increasingly becoming essential in daily life [3][4] - The main products include anionic surfactants like AES and AOS, non-ionic surfactants like CMEA, and amphoteric surfactants like CAB and CAO [2][3] Group 3: OEM/ODM Business - The company has an annual production capacity of 100,000 tons for liquid detergents in Zhenjiang and 500,000 tons in Hebi, which includes 200,000 tons of laundry powder and 300,000 tons of liquid detergents [3][4] - The OEM/ODM business leverages the company's raw material advantages to provide comprehensive services in the daily chemical industry [3][4] Group 4: Raw Material Management - Key raw materials for production include palm oil, palm kernel oil, fatty alcohols, alkylbenzene, and olefins [4] - The company employs strategies such as inventory management, procurement management, and hedging to mitigate the impact of raw material price fluctuations on profits [4] Group 5: Competitive Landscape - The company holds over 30% market share in the domestic surfactant market, with leading products AES and LAS maintaining the top positions in the industry [4][5] - The concentration of the sulfonated surfactant industry remains high, with the top five companies accounting for over 70% of total capacity [5] Group 6: Strategic Goals - The company aims to strengthen its core business while developing optimal production models for personal care products, focusing on high-quality development in the fine chemical sector [5]