About Wankai New Materials
Wankai New Materials is a publicly listed company based in Jiaxing (China) founded in 2008. It operates as a contract manufacturing of polyester material products is specialized in. The company has 2,330 employees. Its chief executive is Shen Zhigang. Its focus areas include Retail, Contract Manufacturers, Fashion and Fabric. Its competitors include Foshan Long 8 Internet, Challenge Textile Company, Zhejiang Hangmin Stock, Jujie Microfiber and Prosperity Textile and 4 more; 1 of its 9 listed competitors has raised funding.
Company details
Wankai New Materials was established in 2008 in Jiaxing, China, within the materials sector. Contract manufacturing services for polyester products are provided, focusing on production operations tailored to client specifications. Activities are centered in the domestic market, with emphasis on material fabrication and supply chain integration. Leadership is provided by CEO Shen Zhigang, overseeing core manufacturing processes.
- Annual Revenue$2.21 B (USD)-10.08as on Dec 31, 2025
- Net Profit$24.15 M (USD)0as on Dec 31, 2025
- EBITDA$75.05 M (USD)3139.64as on Dec 31, 2025
- Employee Count2,330
People of Wankai New Materials
1 people are tracked at Wankai New Materials (1 in leadership); the tracked headcount is 2,330.
| Name | Role | Group |
|---|---|---|
Shen Zhigang | CEO | Leadership |
Complete people profiles for Wankai New Materials
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IPO & Listings of Wankai New Materials
Wankai New Materials is a publicly listed company on the SZSE with ticker symbol 301216 in China, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date29 Mar 2022
- Listed onSZSE: 301216
- Listed entityWankai New Materials Co., Ltd. Class A
- Exchange sectorProcess industries
- ISINCNE1000058L5
- Share price15.94 CNY (-0.75% on the day) · 2026-10-14
- Market capitalisation9,242,273,132.00 CNY
- Price to earnings13.7
- EPS (diluted, trailing year)1.17 CNY
- Dividend yield0.92%
- Volume (last session)8,162,100
Financials of Wankai New Materials
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 15.49B CNY | 169.1M CNY | 525.4M CNY |
| 2024 | 17.23B CNY | -300.0M CNY | 16.2M CNY |
| 2023 | 17.53B CNY | 436.5M CNY | 618.5M CNY |
| 2022 | 19.38B CNY | 954.9M CNY | 1.44B CNY |
| 2021 | 9.58B CNY | 444.8M CNY | 674.4M CNY |
Detailed financial statements for Wankai New Materials
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Competitors of Wankai New Materials
Wankai New Materials has 9 listed competitors in our database, 1 of them funded. They include Foshan Long 8 Internet, Challenge Textile Company, Zhejiang Hangmin Stock, Jujie Microfiber and Prosperity Textile, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cfxbattery.com | 2007 | Foshan, China | $30.2M | – | Offers a proprietary brand of high-quality collars for pets. | |
| challenge-21c.com | 2001 | Shanghai, China | – | 1 | Fabrics for men's and women's apparel are manufactured. | |
| hmgf.com | 1998 | Hangzhou, China | – | – | Fabrics are contract-manufactured by Zhejiang Hangmin Stock in China. | |
| jujie.com | 2000 | Suzhou, China | – | – | Delivers comprehensive super fine fiber textile products, including suede, double-sided, and peach skin fabrics. | |
| prosperity-textile.com | 1995 | Guangzhou, China | – | – | Specializes in contract manufacturing of textile fabrics. | |
| winnitex.com | 1964 | Tsuen Wan, China | – | – | Dyed woven textile fabrics are manufactured on a contract basis. | |
| td300321.com | 2002 | Weifang, China | – | – | Non-woven fabrics are manufactured under contract in China. | |
| 600689.com | 1993 | Huangpu, China | – | – | Wool spinning and related products are manufactured on contract basis. | |
| earthprotex.com | 1994 | Dalian, China | – | – | Textiles and recycling products are manufactured under contract in China. |
Detailed competitors of Wankai New Materials
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Top companies in Contract & Outsourced Manufacturing
10 companies that operate in the same segment as Wankai New Materials (Contract & Outsourced Manufacturing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Designer and producer of intelligent products, automotive electronics manufacturing, and logistics services | 1969 | San Jose, California, United States | – | USD 27.91 B | 147,980 | |
Electronic products and components are manufactured globally by Foxconn. | 1974 | Taipei, Taiwan | – | – | 12,716 | |
Industrial components, mould bases, and storage solutions are manufactured globally. | 1986 | Coimbatore, Tamil Nadu, India | USD 28 M | USD 853.09 M | 3,060 | |
Automotive components are manufactured and supplied to OEMs. | 1957 | Aurora, Ontario, Canada | – | USD 42.92 B | 170,000 | |
Single- and three-phase transformers are manufactured in Mumbai. | 1993 | Mumbai, Maharashtra, India | – | USD 114.37 M | 618 | |
Equipment and parts for HVAC/R industry are supplied. | 1956 | Miami, Florida, United States | – | USD 7.24 B | 7,290 | |
Smart hardware and vehicle electronics are manufactured on contract. | 2005 | Pudong, Shanghai, China | USD 431.15 M | USD 24.45 B | 1,982 | |
Clas Ohlson was founded in 1918 in Insjön, Sweden. | 1918 | Insjon, Dalarna, Sweden | – | USD 1.35 B | – | |
Application-oriented research is conducted in bioeconomy, AI, and climate technologies. | 1949 | Darmstadt, Hesse, Germany | USD 23.27 M | – | – | |
Apparel and clothing are manufactured and exported on contract. | 1979 | Bengaluru, Karnataka, India | – | USD 400 M | 40,280 |
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Related news about Wankai New Materials
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Frequently Asked Questions about Wankai New Materials
Wankai New Materials was founded in 2008.
Wankai New Materials is headquartered in Jiaxing, China. It is registered at Jiaxing, Zhejiang, China.
Shen Zhigang is the current CEO of Wankai New Materials.
Wankai New Materials has 2,330 employees.
Annual revenue of Wankai New Materials is $2.21B as on Dec 31, 2025.
Wankai New Materials was established in 2008 in Jiaxing, China, within the materials sector. Contract manufacturing services for polyester products are provided, focusing on production operations tailored to client specifications. Activities are centered in the domestic market, with emphasis on material fabrication and supply chain integration. Leadership is provided by CEO Shen Zhigang, overseeing core manufacturing processes.
Wankai New Materials's top competitors include Zhejiang Hangmin Stock, Challenge Textile Company and Winnitex.
Yes, Wankai New Materials is publicly traded on SZSE under the ticker symbol 301216.