Carpoly Chemical Group Co., Ltd.

Certifications

• ISO 9001 Quality Management System
• ISO 14001 Environmental Management System
• China Environmental Labeling (Ten-Ring Certification)
• CNAS Laboratory Accreditation
• China Green Building Material Product Certification

Main Products & Services

One of China's largest domestic coatings manufacturers and a top 40 global coatings company (ranked 35th in 2020 by Coatings World).

Core Products

• Architectural Coatings (Interior and Exterior Wall Paints)
• Wood Coatings (Furniture and Home Improvement Paints)
• Industrial Coatings (Automotive and Protective)
• Floor Coatings
• Artistic Coatings
• Waterproof Coatings
• Printing Inks

Service Areas

• Residential Decoration
• Commercial Construction
• Furniture Manufacturing
• Industrial Manufacturing
• Infrastructure Projects

Focuses on eco-friendly, low-carbon, and high-performance coatings, including water-based wood paints and intelligent manufacturing of stone-like paints.

Company Information

Location

Jiangmen, Guangdong, China (Jinxi Industrial Zone, Tangxia Town, Pengjiang District)

Established

1999 (Brand founded in 1993)

Registered Capital

390.74 million RMB

Business Scope

R&D, production, and sales of coatings, chemical raw materials, resins, curing agents, inks, and painting equipment.

Production Capacity

Operates 8-9 major production bases in China (including Jiangmen, Shanghai, Sichuan, Hebei, and Anhui). Total capacity significantly increased to over 1.3 million tons following the BNBM acquisition.

Financial Overview

Annual revenue is approximately 4-5 billion RMB. Acquired by Beijing New Building Materials (BNBM) in 2024 for 4.07 billion RMB.

Values: 'Greatness through Virtue, Success through Specialization' (大赢于德，长胜于专). Mission: 'To decorate and protect the world we love'.

Major Projects & Clients

Notable Projects

• Beijing National Stadium (Bird's Nest)
• CCTV Headquarters Building
• Hong Kong Disneyland
• Hong Kong-Zhuhai-Macao Bridge
• G20 Summit Venue
• Guangzhou Olympic Stadium

Key Clients

• Vanke
• Country Garden
• IKEA (furniture coatings)
• Gree
• Midea
• Huawei
• Xiaomi

Industry Applications

• Real Estate
• Public Infrastructure
• Consumer Electronics
• Furniture Industry
• Automotive Industry

Team & R&D

Team size: Approximately 3,200 employees.

R&D capabilities: Operates a National Enterprise Technology Center, a Post-doctoral Research Station, and an Academician Expert Workstation.

Technical expertise: Specializes in water-based coating technology, automotive paint innovation, and intelligent automated production lines.

Management

• Guan Li (Chairman)
• Qiu Donghang (Director and Manager)
• Qiu Shukan (Executive Vice President)
• Lu Xiaobo (Vice General Manager)

Overseas Layout

Production Bases

• Illescas, Toledo, Spain: Euroquimica production facility; Carpoly became the single largest shareholder in 2017 to access European technology and markets.

Sales Offices

• Mandalay, Myanmar: Carpoly-Myanmar (Poly Tex Global Co., Ltd.) serves as a key regional service and distribution center.
• Global (Africa, SE Asia, Middle East, Europe): Strategic partnership with CNBM Overseas (中建材海外) signed in 2024 to utilize localized overseas warehouses for product display and distribution.

Investment Companies

• Euroquímica — Ctra. de Yeles, km. 2, 45200 Illescas - Toledo, Spain: Major European investment (2017) to integrate automotive and industrial coating technologies.
• Carpoly Chemical Group Co., Limited — Hong Kong, China: International trade and investment arm for global operations.

Global strategy: Implements the 'Overseas Re-creation' (海外再造) strategy under the CNBM group, focusing on localized operations, overseas warehouses, and technical collaboration in Europe and Southeast Asia.

Overseas revenue: Estimated export percentage is approximately 10% of total sales, with products sold in over 30 countries.