Sobute New Materials Co Ltd. Stock Analysis 603916.SS

Sobute New Materials Co., Ltd. engages in the research, development, production and sales of concrete admixture and materials used for waterproofing, reparations and transportation engineering. The company is headquartered in Nanjing, Jiangsu and currently employs 2,905 full-time employees. The company went IPO on 2017-11-10. The firm's main products are high-performance water reducers, high-efficiency water reducers and functional materials. Its high-performance water reducers are mainly used to prepare high-performance concrete, which is used in nuclear power, bridges, high-speed railways, tunnels, high-rise buildings and other fields. Its high-efficiency water reducers mainly include naphthalene-based water reducers and aliphatic water reducers, which are mainly used to prepare medium and low-strength concrete, and are used in hydropower, municipal and civil construction, prefabricated component and other fields. Its functional materials include functional chemical admixtures, high-performance cement-based materials and transportation materials. The firm also provides related technical services.