What Sichuan EM Technology does

Sichuan EM Technology Group Co., Ltd. (四川东材科技集团股份有限公司), publicly listed on the Shanghai Stock Exchange under ticker 601208 and doing business as Dongcai Technology (东材科技), is a Chinese specialty materials manufacturer headquartered in Mianyang, Sichuan Province. The company operates through 19 wholly-owned subsidiaries under the parent conglomerate Gaojin Fuheng Group (高金富恒集团), with R&D infrastructure including the National Insulation Materials Engineering Technology Research Center, a National Enterprise Technology Center, and a Postdoctoral Research Workstation. The company was founded in 2010 (website copyright 2010-2021) and is led by Chairman Tang Anbin (唐安斌) and General Manager Li Gang (李刚).

The company produces four core product lines: New Energy Materials (新能源材料) serving power generation equipment, UHV transmission, smart grids, new energy, rail transit, and 5G communications; Optical Film Materials (光学膜材料) for consumer electronics, flat panel displays, and transportation; Environmental Protection Functional Materials / Flame Retardant Materials (环保功能材料) for aviation, high-speed rail, public place interiors, and consumer electronics; and Advanced Electronic Materials (先进电子材料) for IC manufacturing, printed circuit boards, solar cells, consumer electronics, home appliances, automotive electronics, and aerospace. The company also produces functional polyester fibers including the GELUNSEN (葛伦森) flame-retardant anti-dripping brand and the Gene Antibacterial Series spanning the full industry chain from chips to garments, plus Modified PPO Resins (改性聚苯醚树脂) targeting high-speed copper clad laminate applications in AI computing infrastructure.

The business model is B2B industrial materials sales with no disclosed direct pricing model. The company exports products to more than 50 countries and regions with established long-term cooperative relationships with many domestic and foreign renowned enterprises. Distribution is primarily through direct enterprise sales, supplemented by participation in industry conferences and professional exhibitions (e.g., 2024 Power Transmission Annual Conference co-organized with XIHARI, 2024 China Composites Industry Annual Conference, China International Yarn Expo). Customer segments are horizontally diversified across power/grid, new energy, consumer electronics, semiconductors, transportation, and telecommunications, with no specific customer logos disclosed. Financial trajectory shows revenue growth from ~5.1 billion CNY (2021) to ~7.4 billion CNY (2025), though EBITDA and net income margins have compressed materially over the same period. The company has publicly articulated a 'Hundred Billion Dongcai' (百亿东材) 10 billion CNY revenue aspiration.

Name

Sichuan EM Technology

Legal name

四川东材科技集团股份有限公司

Website

https://emtco.cn

Company type

Public

Founded year

2010

Operating status

Operating

Headcount range

1–10 employees

Short description

Sichuan EM Technology (Sichuan Dongcai Technology Group) is a publicly listed Chinese specialty materials manufacturer producing insulation, optical film, flame retardant, and advanced electronic materials for B2B customers across power, new energy, consumer electronics, semiconductor, and transportation industries globally.

Ownership category

akta.pro rank

Product category

Specialty Polymer & Advanced Materials Manufacturing

NAICS

Resin and Synthetic Rubber Manufacturing (32521), Electrical Equipment Manufacturing (33531)

SIC

Plastic Materials, Synth Resins & Nonvulcan Elastomers (2821), Plastics Foam Products (3086), Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Specialty Polymers & Resins (Engineered Materials) (IMAEABAK)

Keywords

• Insulation materials
• Optical film materials
• Flame retardant materials
• Advanced electronic materials
• Specialty polymer materials

Headquarters

HQ city

Mianyang

HQ country

China

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Technology or R&D, Operations, Personnel, Infrastructure, Marketing or Sales

Distribution channels2 records

Marketing channels2 records

Core offering

Sichuan EM Technology develops, manufactures, and sells advanced new materials including insulation materials for power equipment and smart grids, optical film materials for consumer electronics and displays, eco-friendly flame retardant materials for aviation, rail, and public safety applications, and advanced electronic materials for IC manufacturing, PCBs, solar cells, and aerospace. The company also produces modified PPO resins for high-speed CCL/AI infrastructure and functional polyester fibers (flame retardant and antibacterial series) for textile and protective applications.

Product overview

Sichuan EM Technology (四川东材科技集团股份有限公司) is a technology-listed company specializing in the research, manufacturing, and sales of new materials. The company operates four main product lines: New Energy Materials (新能源材料) for power generation, UHV transmission, smart grids, new energy, rail transit, and 5G; Optical Film Materials (光学膜材料) for consumer electronics, flat panel displays, and transportation; Environmental Protection Functional Materials (环保功能材料) including flame-retardant materials for aviation, rail, and consumer electronics; and Advanced Electronic Materials (先进电子材料) for IC manufacturing, PCBs, solar cells, and aerospace. Additionally, the company produces Modified PPO Resins (改性聚苯醚树脂) as critical materials for AI computing infrastructure and high-speed electronic resin applications, along with functional polyester fibers including Gene Antibacterial Series and flame-retardant fiber products.

Differentiator

Problem solved

Functional benefit

Brands

• 葛伦森 (GELUNSEN): Brand featuring flame-retardant anti-dripping polyester fiber, selected into the 'China Fiber Trend 2021/2022'.

Products and services

• New Energy Materials (新能源材料)

Segments7 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• XIHARI (西安高压电器研究院股份有限公司)coreStrategic or Co-development Partner · 8 December 2024Co-organized the 2024 Power Transmission Annual Conference and Specialized Committee Work Conference with the theme 'Advanced Materials Lead Power Transmission Equipment Innovation'. The conference was jointly organized with multiple Chinese technical societies including Chinese Society of Electrical Engineering Power Transformation Specialized Committee, Chinese Electrotechnical Society Power Transformation Equipment Specialized Committee, Chinese Electrotechnical Society Power Capacitor Specialized Committee, Chinese Electrotechnical Society Electric Ceramic Specialized Committee, and Chinese Electrotechnical Society Large Capacity Testing Technology Specialized Committee.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Covestro: Global specialty polymers and resins producer with comparable high-performance polymer offerings used in insulation, electronics, and industrial applications.
• Mitsubishi Chemical Group: Large diversified chemical producer with specialty polymers, optical films, and electronic materials portfolios that intersect with Sichuan EM Technology's polymer, optical film, and advanced electronic materials segments.
• SABIC: Major global chemical producer of specialty resins and engineered polymers serving electronics, electrical, and industrial markets with comparable end-use applications.
• Hitachi Chemical (Resonac): Global specialty chemical and electronic materials incumbent offering advanced resins, insulation materials, and semiconductor materials across overlapping end markets including power equipment and electronics.

Direct peers

• ITEQ Corporation: Taiwan-based CCL and electronic materials manufacturer specializing in high-speed and high-frequency laminates, directly comparable to Sichuan EM Technology's modified PPO resin and advanced electronic materials offerings.
• Gaomeng New Materials (高盟新材): Sister company within the Gaojin Fuheng Group, producing adhesives, coatings, and specialty polymer materials with overlapping industrial customer base and similar end-market exposure.
• Elantas (Altana): Specializes in electrical insulation materials, varnishes, and resins for power equipment, transformers, and electronics—directly overlapping Sichuan EM Technology's new energy/insulation materials portfolio.
• Kingboard Laminates: Hong Kong-listed CCL and laminate materials producer with overlapping electronic materials, insulation, and specialty resin products serving similar downstream PCB and electronics OEM customers.
• Shengyi Technology: China's largest copper clad laminate (CCL) manufacturer, directly comparable to Sichuan EM Technology's advanced electronic materials and modified PPO resin business serving PCB and high-speed electronics applications.

Regional players

• Doosan Electronics (Doosan Enerbility adjacent): Korean advanced materials producer with electronic materials and specialty chemical operations serving overlapping semiconductor, display, and electronics end markets with comparable specialty materials offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/sichuan-em-technology-co-ltd-

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Sichuan EM Technology