Red Avenue New Materials Group Co., Ltd. research, develops, produces, and sells new materials in China and internationally. The company offers tackifying resins; P-tert-butyl, P-octyl, tail oil modification, phenol-formaldehyde tackifying resins; CNSL modified phenol formaldehyde reinforcing resin; resorcinol formaldehyde resin; and curing, wet grp, anti-tear, tread, and sidewall resin. It also provides rubber processing aids, silica and functional additives, chemical peptizer, anti-reversion agent, homogenizer, and coupling agent for CB. In addition, the company offers electronic resins, IC and display photoresist, and electronic grade EBR; and biodegradable materials for replacing disposable films, and shipment packaging, as well as agricultural mulch films, textile fibers, food contact applications, automotive products, foam products, 3D printing materials, and other applications. Further, it provides P-Tert-Butylphenol, catalysts, and industrial phenolic resins comprising of can coating, foundry, friction, coated abrasives, composite materials, and molding compound. The company was founded in 1999 and is headquartered in Shanghai, China.
Chinese Market Performance
7D7 Days: -1.1%
3M3 Months: 11.1%
1Y1 Year: 28.8%
YTDYear to Date: 11.5%
Over the last 7 days, the market has dropped 1.1%, driven by a decline of 2.4% in the Industrials sector. As for the longer term, the market has actually risen by 29% in the last year. As for the next few years, earnings are expected to grow by 24% per annum. Market details ›
This week, we’re diving deeper into the world of agentic AI. We’re zeroing in on the core technologies that make these intelligent agents actually reliably work. We explore what all this could mean for software, start-ups, and most importantly, the opportunities and risks each industry faces by adopting Agentic AI.