What Cangzhou Mingzhu Plastic does

Cangzhou Mingzhu Plastic Co., Ltd. is a Chinese industrial plastics manufacturer founded in 1995 and listed on the Shenzhen Stock Exchange (A-share, stock code 002108) since 2007. Operating under Dongsu Group, the company employs approximately 2,200 people and runs three industrial parks in Cangzhou plus production bases in Dezhou (Shandong), Wuhu (Anhui), and Rongchang (Chongqing). It operates through 6 wholly-owned subsidiaries, 2 holding subsidiaries, 2 branches, and 3 shareholding companies.

The company's core products span four distinct lines: (1) PE pipeline systems with over 3,000 fitting types serving urban gas and water supply/drainage infrastructure, backed by a 1,100m² R&D and test center with DN400mm RCP testing capability; (2) BOPA (biaxially-oriented polyamide) film sold under the proprietary 'Donghong' brand, developed after breaking foreign technology monopolies, serving industrial, food preservation, and pharmaceutical packaging; (3) Li-ion battery separators with proprietary intellectual property and a provincial-level R&D center, serving new energy electric vehicles, power tools, energy storage, and 3C electronics; and (4) fiber-reinforced thermoplastic composite pipes for oilfield ground gathering and transportation, geothermal, offshore, risers, and jumpers. The company holds over 20 patents and maintains IATF16949, ISO9001, ISO14001, and ISO45001 certifications.

Cangzhou Mingzhu operates a direct B2B sales model with dedicated service hotlines, technical support, and service centers for each product division. Pricing is quote-based with no public pricing. The customer base spans municipal utilities, oil and gas operators (Dagang, Huabei, Xinjiang, Jiangsu oilfields), battery and energy storage manufacturers, and packaging converters. Marquee references include participation in flagship Chinese state projects: Beijing Daxing International Airport, Xiong'an New Area, Beijing Tongzhou sub-center, Asian Games Hangzhou 2022, and G20 Hangzhou venue. The company has a multi-language website (Chinese, English, Russian) indicating some international intent, though no overseas entity or disclosed international revenue is evidenced.

Name

Cangzhou Mingzhu Plastic

Legal name

沧州明珠塑料股份有限公司

Website

https://cz-mz.com

Company type

Public

Founded year

1995

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Cangzhou Mingzhu Plastic is a Chinese A-share listed industrial plastics manufacturer founded in 1995, producing PE pipeline systems, BOPA film, Li-ion battery separators, and composite pipes for municipal utilities, oil and gas, new energy, and packaging customers across China.

Ownership category

akta.pro rank

Product category

Industrial Plastic Products Manufacturing

NAICS

Plastics Pipe and Pipe Fitting Manufacturing (326122), Plastics Packaging Film and Sheet (including Laminated) Manufacturing (326112), All Other Plastics Product Manufacturing (326199)

SIC

Plastics Products, Nec (3089), Unsupported Plastics Film & Sheet (3081)

akta.pro primary industry

Water & Sewer Pipe & Fittings (PVC/HDPE/PP) (IMANADAA)

akta.pro secondary industries

Industrial Process & Chemical-Resistant Pipe Systems (CPVC/PVDF/PP) (IMANADAF), Polyester & Nylon Films (PET/BOPET, PA/BOPA) (IMALABAB), Plumbing & Building Drain/Waste/Vent (DWV) Pipe & Fittings (IMANADAG), Plastic Films & Laminated Packaging Structures Manufacturing (IMANAEAD)

Keywords

• PE pipeline systems
• BOPA film manufacturing
• Lithium battery separators
• Fiber-reinforced composite pipes
• Industrial plastic manufacturing

Headquarters

HQ city

Cangzhou

HQ country

China

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. PE Pipeline System Sales: Manufacturing and sales of PE pipeline systems used for urban gas and water supply/drainage transportation, with over 3,000 types of pipe fittings.
2. BOPA Film Sales: Manufacturing and sales of BOPA (biaxially-oriented polyamide) film used in industry, food preservation, and pharmaceutical packaging.
3. Li-ion Battery Separator Sales: Manufacturing and sales of lithium-ion battery separators used in new energy electric vehicles, power tools, model airplanes, energy storage, and 3C products.
4. Composite Pipe System Sales: Manufacturing and sales of fiber-reinforced thermoplastic composite pipes for oilfield, clean energy, municipal pipelines, and offshore applications.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Cangzhou Mingzhu Plastic manufactures and sells industrial plastic products across four core lines: PE pipeline systems for urban gas and water supply/drainage (with over 3,000 pipe fitting types); BOPA (biaxially-oriented polyamide) film for industrial, food preservation, and pharmaceutical packaging; lithium-ion battery separators for new energy vehicles, power tools, energy storage, and 3C products; and fiber-reinforced thermoplastic composite pipes for oilfield gathering, geothermal, chemical media, and offshore pipeline applications.

Product overview

Cangzhou Mingzhu Plastic Co., Ltd. is a domestic A-share listed company (stock code: 002108) established in 1995. The company operates a multi-product portfolio consisting of four core product lines: (1) PE Pipeline System for urban gas and water supply/drainage with over 3,000 fitting types; (2) BOPA Film for industrial, food preservation, and pharmaceutical packaging applications; (3) Li-ion Battery Separator for new energy vehicles, power tools, energy storage, and 3C products; and (4) Composite Pipe System for oil and gas, geothermal, and offshore applications. The company has 6 wholly-owned subsidiaries, 2 holding subsidiaries, 2 branches, and 3 shareholding companies, with production bases in Cangzhou, Dezhou (Shandong), Wuhu (Anhui), and Rongchang (Chongqing).

Differentiator

Problem solved

Functional benefit

Brands

• 陆通 (Lutong): PE pipeline brand that received 'Hebei Brand Name' honor
• 东鸿 (Donghong)

Products and services

• PE Pipeline System PE pipeline system applied to the transportation of urban gas and water supply and drainage systems, with fittings' types reaching over 3,000. Used by municipal utilities and gas enterprises.
• BOPA Film Biaxially-oriented polyamide (BOPA) film widely applied in industry, food preservation, and pharmaceutical packaging. Sold under the company's own 'Donghong' (东鸿) brand established after breaking foreign technology monopoly.
• Li-ion Battery Separator Lithium-ion battery separator membrane applied in new energy electric vehicles, power tools, model aircraft, energy storage, and various 3C products. Manufactured with proprietary IP and a provincial-level technology R&D center.
• Composite Pipe System Composite pipe system used in oilfield ground gathering and transportation, oilfield water injection and oil production, high pressure glycol injection, slurry transportation, geothermal energy development, chemical media and brine transportation, offshore pipelines, risers and jumpers.
• Fiber-Reinforced Thermoplastic Pipes for Oil & Gas Transportation Fiber-reinforced thermoplastic pipes designed for oil and gas transportation applications including clean energy, high pressure municipal pipeline, combustible ice mining, shale oil and gas transportation, offshore oil and gas pipelines, subsea umbilical cable, and intelligent oilfield.
• Intelligent Cable-Embedded Coiled Pipes Intelligent coiled pipes with embedded cable functionality for industrial applications.

Quantifiable outcome

• Over 3,000 types of pipe fittings available
• +1 more outcomes

Named customers11 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• DOMO Films (DOMO Chemicals): European BOPA (biaxially-oriented polyamide) film producer serving food, pharmaceutical, and industrial packaging globally. Same end-use markets as Mingzhu's 'Donghong' BOPA film business, but with broader geographic reach and a wider specialty chemicals portfolio.
• Pipelife (Orbia, Pipes Business): European plastic pipe systems provider (part of Orbia) covering water, gas, drainage, and industrial applications. Comparable in product family and end-uses to Mingzhu's PE Pipeline and Composite Pipe systems, but as a broad incumbent across multiple geographies.

Direct peers

• China Lesso (中国联塑集团): Largest plastic pipe and fittings manufacturer in China, listed in Hong Kong. Direct competitor to Cangzhou Mingzhu's PE Pipeline System across PVC, PE, and PPR pipe categories serving municipal gas, water supply, and drainage end-markets.
• Sinoma Science & Technology (中材科技): Large Chinese materials group with a major Li-ion battery separator business alongside wind turbine blades and glass fiber. Direct competitor in battery separator film, especially in serving tier-1 Chinese cell manufacturers.
• Putailai (璞泰来): Chinese battery materials supplier covering anodes, coated separators, and aluminum-plastic film, listed in Shanghai. Adjacent competitor in coated Li-ion battery separator markets served by Mingzhu's separator division.
• Weixing New Building Materials (伟星新材): Major Chinese PPR and PE pipe and fittings manufacturer, listed in Shenzhen. Highly comparable business model and target customers (urban water, gas, indoor plumbing), overlapping with Mingzhu's PE Pipeline System.
• Nachuan Stock (纳川股份): Chinese HDPE and large-diameter plastic pipe manufacturer serving municipal drainage, urban water supply, and infrastructure projects. Directly comparable product portfolio and customer base to Mingzhu's PE and composite pipe segments.
• SEMCORP / Yunnan Energy New Material (恩捷股份): Global leader in wet-process Li-ion battery separators, listed in Shenzhen. Directly comparable to Cangzhou Mingzhu's Separator Division in serving Chinese lithium battery cell manufacturers for EV and energy storage applications.
• Yonggao Co. (永高股份): Public Chinese plastic pipe maker specializing in PVC, PE, and PPR pipes for construction, municipal, and agricultural use. Competes with Mingzhu's PE Pipeline System in similar downstream infrastructure channels.
• Senior Technology (星源材质): Established Chinese Li-ion battery separator manufacturer with both dry and wet process capabilities, listed in Shenzhen. Competes head-on with Mingzhu's separator division in supplying Chinese battery makers for EV and 3C applications.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/cangzhou-mingzhu-plastic-co-ltd-

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Cangzhou Mingzhu Plastic