China Sunsine Chemical Holdings Ltd. – Detailed Business Update (Q3 2025)
China Sunsine Chemical Holdings Ltd. Voluntary Disclosure: Q3 2025 Business Update
Executive Summary
China Sunsine Chemical Holdings Ltd. (“China Sunsine”), a leading global producer of rubber accelerators and specialty chemicals, has released its Q3 2025 voluntary business update. The report provides comprehensive insights into the company’s operational performance, market dynamics, strategic initiatives, and ongoing capacity expansion.
Key Financial Highlights
- Q3 2025 Sales Volume: 54,304 tonnes of products sold.
- Q3 2025 Sales Revenue: RMB 762.8 million, a 14% decrease year-on-year, primarily due to lower average selling prices (ASP).
- Q3 2025 Net Profit: RMB 87.5 million, down 6% year-on-year.
- YTD Q3 2025 Sales Volume: 163,999 tonnes, a 3% year-on-year increase.
- YTD Q3 2025 Sales Revenue: RMB 2,453.0 million, a 7% decrease year-on-year.
- YTD Q3 2025 Net Profit: RMB 330.2 million, up 17% year-on-year.
- ASP Trend: ASP in Q3 2025 decreased by 14% year-on-year to RMB 13,861 per tonne due to lower raw material costs and the company’s flexible pricing strategy.
Macroeconomic and Industry Context
- China’s GDP Growth: 5.2% year-on-year for the first three quarters of 2025, with 4.8% growth in Q3 2025.
- Automotive Market: 24.36 million vehicles sold in China YTD Q3 2025, a 12.9% increase year-on-year. New Energy Vehicles (NEVs) accounted for 46.1% of total new vehicle sales with a 34.9% increase in volume.
- Tyre Production: 899 million tyres produced YTD Q3 2025, up 1.5% year-on-year.
Important Shareholder Information & Price-Sensitive Updates
- Profitability Resilience: Despite industry-wide ASP decline, Sunsine posted a 17% increase in net profit YTD Q3 2025, reflecting effective cost management and operational efficiency improvements.
- Capacity Expansion:
- Phase 2 IS Project (Hengshun): 30,000-tonne annual capacity, trial run in progress, commercial production expected by end-2025.
- Phase 2 MBT Project (Hengshun): 40,000-tonne annual capacity, under construction, trial run anticipated by end-2025.
- Weifang MBT Project: 20,000-tonne annual capacity, under construction, trial run targeted for early 2026.
- Transformation of TBBS2 to CBS Workshop (Shandong): Under construction, trial run expected by early 2026.
Estimated Annual Production Capacity:
| Product |
FY2020 |
FY2021 |
FY2022 |
FY2023 |
FY2024 |
FY2025 |
FY2026e |
| Accelerators |
117,000 |
117,000 |
117,000 |
117,000 |
117,000 |
117,000 |
135,000 |
| Insoluble Sulphur |
30,000 |
30,000 |
60,000 |
60,000 |
60,000 |
60,000 |
60,000 |
| Anti-oxidant |
45,000 |
45,000 |
77,000 |
77,000 |
77,000 |
77,000 |
77,000 |
| Total |
192,000 |
192,000 |
254,000 |
254,000 |
254,000 |
254,000 |
272,000 |
Potential Share Price Impact: The upcoming capacity expansions, especially the jump in accelerator production capacity in FY2026, could be positive for future revenue and profit growth, especially as China’s government rolls out stimulus measures aimed at boosting consumption and investment.
- Government Support: China’s stimulus policies and the focus on the real economy, as reiterated in the October 2025 CPC Central Committee meeting, are likely to benefit Sunsine through increased demand for vehicles and tyres, which directly support the company’s product sales.
- Competitive Environment: The company faces strong competition in the local rubber chemicals industry and ongoing global economic uncertainties from geopolitical tensions and trade protectionism. However, Sunsine is responding with flexible pricing and internal efficiency measures.
- Client Base: Sunsine continues to serve over three-quarters of the Global Top 75 tyre makers, including industry giants such as Bridgestone, Michelin, Goodyear, Pirelli, Sumitomo, and major Chinese brands.
- Quality and Regulatory Credentials: The company maintains industry-leading certifications (ISO9001, ISO14001, GB/T28001-2011) and has received recognition as a National Champion Manufacturing Enterprise.
Strategic Outlook
Sunsine will maintain its strategy of “sales production equilibrium,” adopt flexible pricing, and enhance internal efficiency to address industry challenges. With a strong foundation, robust customer base, and clear vision, management is confident in the company’s future growth prospects.
Contact Information
Disclaimer
This article is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Investors should conduct their own due diligence and consult their financial advisors prior to making any investment decisions. All information is sourced from the company’s voluntary disclosure as of 19 November 2025 and is subject to change without notice.
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