Red Avenue New Materials Group Co., Ltd. is a comprehensive new materials provider in the PRC.he Group is primarily engaged in the R&D, production, marketing, sales and distribution of new materials. Its principal businesses comprised three segments, namely rubber additives for tyres and other chemical products; electronic materials; and fully biodegradable materials.

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The Group’s major product categories include rubber resins and additives such as phenolic resins, PTBP, as well as other chemical products. It is primarily used in the production of automobile tyres. Its product offerings under the electronic materials segment are mainly divided into semiconductor materials and display panel materials. It is mainly used in the production of semiconductors and display panels by our downstream customers. In respect of fully biodegradable materials segment, its products primarily include PBAT products mainly used in packaging materials and agricultural mulch films.

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According to the F&S Report, the Group ranked first in sales revenue in both the global and PRC phenolic resins rubber additives for tyres markets in FY2025 with a market shares of 41.4% and 45.9% respectively. In the electronic materials sector, the Group ranked first, in terms of sales revenue, among local suppliers in both the PRC semiconductor photoresist market and the PRC thin-film transistor (TFT) array photoresist market in FY2025 with a market shares of 5.8% and 26.2% respectively.

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The Group’s customers mainly comprise tyre manufacturers, semiconductor manufacturers and display panel manufacturers. Such tyre manufacturers account for over 70% of the market share of the global tyre industry in 2025. For semiconductors and display panels, the Group covers various leading 8-inch and 12-inch wafer fabrication manufacturers in the PRC.