Kangxin New Materials Co (600076.SS) Stock Price

Kangxin New Materials Co., Ltd. generates revenue through the research and development, manufacturing, and sale of container floor and new wood composite materials. The company also offers design, construction, maintenance, and technical consulting services for timber structure engineering via its subsidiaries. Its primary customers include businesses requiring durable flooring solutions and construction firms seeking timber engineering expertise. The company serves the industrial and construction segments with its specialized materials and engineering services. The business model focuses on producing container floor materials and new wood composite materials for industrial applications. Subsidiaries provide timber structure engineering services, expanding the company's reach into construction projects. Revenue streams come from direct sales of materials and service contracts for engineering solutions. The industrial segment represents the main market for its core products, while construction firms form the key client base for its engineering services. Kangxin New Materials operates with a dual focus on material production and engineering services. The container floor and new wood composite materials are sold to industrial clients, while timber structure engineering services are contracted by construction companies. This integrated approach allows the company to serve both material and service needs within the construction and industrial sectors. The company's workforce of 565 full-time employees supports these operations across its headquarters in Xiaogan, Hubei.