Shaoguan Dongsen Synthetic Materials Co., Ltd. (hereinafter referred to as "Dongsen Synthetic") and Shaoguan Zhimu Enterprise Management Co., Ltd. (hereinafter referred to as "Zhimu Management") have signed a strategic cooperation agreement. Based on Dongsen Synthetic's manufacturing base, the two parties will jointly build a new industrial platform integrating R&D, production, and application. They will work together to deeply cultivate the new materials market, including curing agents, color pigments, high-performance resins, and automotive coating materials, and promote business extension deeper into the industrial chain.
The signing ceremony was held at the management headquarters of Shaoguan Dongsen Synthetic New Materials Co., Ltd. in Panyu, Guangzhou. Distinguished attendees included Shuilie Lü, Secretary-General of the Guangdong Coatings and Inks Industry Association; LO,KAKIT, Chairman of Guangdong Dongcheng Group Co., Ltd.; Le Duan, General Manager of Guangdong Zhimu New Materials Co., Ltd.; and Huanrong Zuo, General Manager of Hong Kong Bangrong Coatings Co., Ltd. Senior executives from various strategic partner companies, along with media representatives, were also present to jointly witness the conclusion of this strategic cooperation.
Dongsen Synthetic: Upgrading from a Material Producer to an Industrial Platform
Shaoguan Dongsen Synthetic Materials Co., Ltd. (hereinafter referred to as "Dongsen Synthetic") was established in May 2015. It is the upgraded corporate entity of the former Guangdong Dongxu Chemical Industry Manufacturing Co., Ltd., primarily engaged in the chemical raw materials and chemical products manufacturing industry.Its production facility is located in the Huacai New Materials Industrial Park in Wengyuan, Shaoguan, Guangdong Province—a specialized chemical industrial park—covering a total land area of approximately 54,000 square meters and a total construction area of approximately 30,000 square meters.
In 2018, Dongsen Synthetic officially initiated the construction of a new polymer synthetic materials project with an annual production capacity of 36,600 tons. Phase I of the project,commenced construction in June 2020, was completed in May 2022, and was put into operation in 2023. Subsequently, Dongsen Synthetic initiated the Phase II of theproject, optimizing certain product portfolios and layouts while further expanding the production capacity of new polymer synthetic materials. The renovation and expansion project of Phase I has been completed and put into operation.
LO,KAKIT, Chairman of Guangdong Dongcheng Group Co., Ltd., stated, "With the continuous expansion of downstream application markets, customer demands have shifted from single product supply to a one-stop solution model for new material products. For Dongsen Synthetic, upgrading is imperative." To adapt to rapidly changing market demands, Dongsen Synthetic has adjusted its existing product plans, added new product categories, and invested in the construction of an annual 60,000-ton new polymer synthetic materials renovation project, enhancing its ability to accurately translate market demands into production standards.
Against this backdrop, Dongsen Synthetic has upgraded its own positioning. By introducing strategic partners, it is transforming from a new materials production enterprise into a multi-shareholding platform company with both industrial and investment attributes.
Zhimu New Materials: Integrated Development of R&D-Driven Innovation, Smart Manufacturing, and Intelligent Color Matching
As the strategic partner for Dongsen Synthetic's transformation and upgrade, Zhimu Management was established in March 2026. It was jointly funded by Le Duan, the actual controller of Guangdong Zhimu New Materials Co., Ltd. (hereinafter referred to as "Zhimu New Materials"), and another strategic partner, Hong Kong Bangrong Coatings Co., Ltd.
Zhimu New Materials has always focused on the niche field of coating colors. Through years of deep cultivation in the market, continuous product R&D innovation, and in-depth service at the market application end, it has formed four major product systems: PU system, UV system, water-based system, and industrial system. In the high-end custom home furnishing field, products such as solid wood high transparency and Italian-style semi-transparency are highly favored by the market. Extending from wood coating colors to industry, in acrylic systems, plastic paints, glass hardware, and other fields, it has gained market recognition with stable product performance and superior cost-effectiveness.
Through accumulated continuous R&D investment, Zhimu New Materials has developed multiple technological achievements with independent intellectual property rights and is committed to transforming them into actual products and applications, allowing innovation to genuinely serve development. Its independently innovated machine color matching pigment product system covers wood coating oil-based, water-based, and industrial coating systems. The stable operation of the AI intelligent color matching system in multiple systems and markets is a mature implementation case of Zhimu New Materials' integrated concept of providing "product + application + intelligent equipment" solutions.
Le Duan, General Manager of Guangdong Zhimu New Materials Co., Ltd., stated, "Reaching this strategic cooperation with Dongsen Synthetic is a crucial strategic layout for Zhimu towards intelligent manufacturing at the production end, further expanding production capacity, and also an important step in expanding the exploration scope within the new materials field. In the future, both parties will join hands, leverage their respective advantageous resources, jointly create an integrated model of 'R&D-driven + intelligent manufacturing + intelligent color matching,' provide more diversified and superior products and solutions for downstream application fields, and help the industry develop forward and upward."
Hong Kong Bangrong Coatings: Deeply Cultivating the Industry, Accelerating Industrial Platform Upgrade
If the collaboration between Dongsen Synthetic and Zhimu New Materials represents horizontal expansion at the coating raw material level, then the participation of Hong Kong Bangrong Coatings Co., Ltd. (hereinafter referred to as "Bangrong Coatings") in this strategic cooperation indirectly through Zhimu Management indicates Dongsen Synthetic's extension in the vertical direction of the industrial chain.
Huanrong Zuo, General Manager of Bangrong Coatings, also attended this strategic cooperation signing ceremony. According to his introduction, Bangrong Coatings Co., Ltd. was established in 2013 and is a professional coatings enterprise integrating R&D, production, and sales. The company invested in introducing advanced coating production equipment and professional testing equipment, including domestic and foreign PLC intelligent control production systems and fully automatic product packaging lines.Relying on rigorous production processes and a quality control system, it has created a rich variety of high-end, stable-performance coating products.Its product range includes automotive coatings, polyurethane coatings, epoxy coatings, anti-corrosion coatings, as well as special-effect high-performance coatings such as chameleon paints, reflective paints, and luminous paints, which are capable of meeting diversified coating application needs across various industries.
At present, Bangrong Coatings has successfully passed ISO9001 Quality Management System certification and ISO14001 Environmental Management System certification, standardizing enterprise operations and product production with international standards. The company's professional R&D team strictly controls product quality throughout the entire process, from raw material incoming inspection, production process quality control, to new product innovation and R&D, forming a full-process quality control system, always adhering to providing customers with professional, efficient, and comprehensive coating solutions and technical services.
Huanrong Zuo, General Manager of Hong Kong Bangrong Coatings Co., Ltd., stated, "Having deeply cultivated the industry for many years, the company has gradually developed from a single automotive paint production plant into a highly recognized supplier in the automotive aftermarket field."
Mr. Zuo further emphasized that Bangrong Coatings always adheres to the development philosophy of ‘quality first and environmentally friendly’ continuously committed to providing global customers with high-performance, environmentally friendly, and cost-effective one-stop coating solutions.
This time, Bangrong Coatings and Zhimu New Materials jointly funded the establishment of Zhimu Management Company and, in partnership with Dongsen Synthetic establish a diversified and in-depth strategic cooperation, aiming to accelerate the upgrade of Dongsen Synthetic's industrial platform through the combined efforts of multiple parties and promote high-quality, sustainable development for the industry and enterprises.
Industry Vision: Strong Alliances to Build a Diversified Innovation Platform
With the signing ceremony held and the cooperation declaration officially released, Dongsen Synthetic has marked a significant milestone in its journey toward comprehensive upgrading.
Industry association leaders attending the event commented that the strong alliance between Dongsen Synthetic, Zhimu New Materials, and Bangrong Coatings has given rise to a new industrial ecosystem characterized by product diversification and a shared multi-shareholding platform.
By leveraging the synergies built through years of deep expertise in the new materials sector, the partnership is expected to strengthen and enhance the industrial chain. Supported by the integration of multiple capital resources, it is well positioned to scale further and grow stronger, laying a solid foundation for future entry into the capital markets.