Jiuding Capital has invested in Guangdong Meituoshi Building Materials Co., Ltd., which has successfully listed on the New Third Board and is positioned as a leader in the rapidly growing coatings industry in China.

Target Company Information

On November 27, 2014, Guangdong Meituoshi Building Materials Co., Ltd. (stock abbreviation: Meituoshi, stock code: 831371), a company backed by Jiuding Capital, officially listed on the New Third Board. Headquartered in Shunde, Guangdong, known as the 'Town of Coatings,' Meituoshi specializes in the production, research, and sales of coatings. The company's product portfolio includes wood coatings, architectural coatings, and adhesives, distributed under various brands including Meituoshi, Jialishi, and 3A. Their architectural coatings have been widely used in notable projects such as the International Sailing Center for the Beijing Olympics, the Qinghai-Tibet Railway, and the Great Hall of the People.

Meituoshi is recognized for its robust professional strength and technological reserves in manufacturing and product development, achieving an industry-leading level of technological standards. The company employs an advanced, fully automated modular manufacturing system and automated color matching technology in its production processes. Furthermore, it boasts proprietary technologies across several product categories, including water-based architectural coatings (with 4 national invention patents), water-based wood coatings (2 national invention patents), oil-based wood coatings, and an SBS nano adhesive.

Industry Overview in China

The coatings industry in China has witnessed significant growth over the past decade, driven by the booming construction sector and a rising demand for high-quality materials. As urbanization con