On April 15, 2025, Trust Chem Co., Ltd. (Stock Name: Trust Chem Code: 001335) officially debuted on the Shenzhen Stock Exchange's main board. The IPO price was set at 12.80 yuan per share, with a price-to-earnings ratio of 14.38. The stock opened at 51 yuan per share, marking a staggering 298.44% surge. As a leading domestic exporter of organic pigments, Trust Chem Co., Ltd. has captured significant attention in the 2025 capital market, thanks to its technological edge and global footprint.
The listing ceremony was grandly held today at the Shenzhen Stock Exchange. Distinguished guests, including Mr. Yang Jiangen, Acting District Chief and Deputy Party Secretary of Yuhang District Government in Hangzhou; Mr. Liao Xiaofei, Vice President of SDIC Securities; Mr. Xu Huixiang, Chairman of Anshan Hifichem Co., Ltd.; Mr. Li Zhi, Chairman and General Manager of Trust Chem Co., Ltd.; and Mr. Li Wu, Director and CTO, jointly struck the opening bell. Other notable attendees, such as Mei Jiansheng, Standing Committee Member and Executive Deputy District Chief of Yuhang District; Mr. Li Hua, Director of Yuhang District Government Office; and Mr. Zhou Yongkai, Secretary-General of the China Dyestuff Industry Association, witnessed this historic moment.
Trust Chem Co., Ltd. specializes in the R&D, sales, and service of colorants like organic pigments. Its product portfolio includes azo pigments, heterocyclic pigments, and phthalocyanine pigments, widely used in inks, coatings, plastics, and textiles. The company delivered strong performance in 2024, with revenue reaching 1.417 billion yuan, up 32.55% year-on-year, and net profit hitting 111 million yuan, a 26.31% increase. For Q1 2025, it forecasts revenue of 340–370 million yuan, with net profit potentially growing up to 35.53%, demonstrating sustained resilience.
Pioneering Green Innovation, Advancing High-Performance Products
Rooted in eco-friendly technology, Trust Chem continuously develops organic pigments and dye solutions that enhance diverse modern applications. From household goods to precision industries, commercial architecture to transportation, consumer products to cultural experiences, Trust Chem relentlessly explores new frontiers for color solutions. Each technological breakthrough delivers green empowerment for industrial advancement, driving the harmonious integration of quality living and sustainable development.With exceptional R&D capabilities, rigorous quality management, efficient supply chain integration, and a global sales network, Trust Chem has maintained its position as China's leading exporter of organic pigments for nine consecutive years.
Products Sold in 70+ Countries and Regions, Driving Industry Leadership.
Additionally, to better meet customers' differentiated and customized needs and further improve its supply chain system, the company has built its own production bases to efficiently transform technological achievements into products. Since 2020, Trust Chem has been constructing its Liaoning production base. By the end of June 2024, the Trust Chem Liaoning construction project was in the stage of gradually releasing production capacity, while the Trust Chem VioletSource construction project had basically completed the infrastructure work of its main buildings, with trial production and operation expected to begin successively in 2025. Once the self-built production bases reach full capacity, they will further enhance Trust Chem's core competitiveness.
With nearly 30 years of dedication to organic pigments, Trust Chem has established a comprehensive global sales and service network. The company has successfully expanded into core global markets, setting up subsidiaries in the Netherlands, the United States, Australia, Canada, Turkey, India, the United Kingdom, and other locations, with its business covering over 70 countries and regions. Trust Chem not only has experienced local sales teams capable of precise communication with customers but has also established warehousing bases in countries and regions with concentrated business operations. Through its global localized warehousing network, the company provides convenient distribution and warehousing services to customers worldwide.
Through continuous applied R&D and product iteration, Trust Chem has deepened its cooperation with customers. With its green and high-performance products, the company has gained the favor and trust of global customers. It has established stable cooperative relationships with many key domestic and international clients. The extensive customer base and broad market demand not only ensure stable sales channels for the company's products but also lay a solid foundation for product promotion and sales after the completion of fundraising projects, further establishing a stable basis for the company's sustainable development in the international market.
Breaking Through International Green Barriers, Trust Chem Reshapes Industry Competitiveness Through Eco-Innovation
Under the guidance of the dual-carbon strategy, international environmental standards are becoming increasingly stringent, with regulations such as the EU REACH and TSCA certification profoundly reshaping the industry landscape. The surging demand for eco-friendly organic pigments is driving companies to intensify their focus on green technology and product innovation, striving to align with global standards and meet international environmental requirements. Leveraging technological innovation and product R&D as core drivers, Trust Chem is accelerating the development of environmentally friendly, high-performance products, optimizing its product portfolio, and solidifying the foundation for sustainable growth.
Since its inception, Trust Chem has remained committed to technological innovation and process optimization, establishing a clean production and circular economy system while enhancing the automation and intelligence levels of pigment manufacturing. The company strictly adheres to high environmental standards, equipping facilities with advanced eco-friendly infrastructure to ensure competitive advantages and elevate brand value.
In response to the diverse legal and regulatory requirements governing the sale and use of organic pigments worldwide, Trust Chem has taken proactive measures. The company has completed REACH registrations for 89 organic pigments and related chemical substances, leading the domestic industry. Additionally, a robust EHS (Environment, Health, and Safety) management system has been implemented to ensure compliance in global markets. Over the past 15 years, the dedicated EHS team has developed deep expertise in regulatory compliance for organic pigments, providing a solid foundation for international sales.
Moving forward, Trust Chem will strengthen its position in the global organic pigment industry by capitalizing on its existing product strengths, deepening new product development, and expanding into high-value-added functional chemicals to achieve premium, large-scale, and diversified growth. Aligned with China’s 14th Five-Year Plan, the company will embrace the digital and intelligent transformation of the chemical industry, enhance independent R&D capabilities, and advance smart manufacturing to improve product refinement and production efficiency. With a strong emphasis on workplace safety and environmental protection, Trust Chem will continue increasing investments to provide employees with a safe and sustainable production environment, laying a solid foundation for long-term sustainable development.
Mr. Li Zhi, Chairman of Trust Chem, stated that the company will further embrace the philosophy of "Technology-Driven Color," leveraging capital markets to boost R&D, advance ESG initiatives, expand market reach, and continuously enhance shareholder value—all while engaging with the world in a more open manner. He also pledged that Trust Chem will "seize the day and live up to the times," continuing to use color as a medium to paint a vision of "Technology Enabling a Better Life."
