Jiangsu Sanfame Polyester Material Co Ltd. Stock Analysis 600370.SS

Jiangsu Sanfame Polyester Material Co., Ltd. engages in the manufacture, processing and sale of chemical fibers and textile products. The company is headquartered in Wuxi, Jiangsu. The company went IPO on 2003-03-06. The firm is also engaged in textile business, chemical business and thermal power business. The textile business is mainly engaged in the production and sales of various cotton yarns, printed and dyed fabrics, polyester-cotton fabrics, yarn-dyed fabrics, etc., as well as fabric dyeing and finishing, printing and cotton spinning processing. The chemical business is mainly engaged in the research and development, production and sales of polybutylene terephthalate (PBT) engineering plastics. Its products are used in various household appliances, electronic products and automotive plastic parts. The main products of the thermoelectric business are electricity and steam. The firm conducts its businesses within the China market and to overseas markets.