Hengshen New Materials

Hengshen New Materials, formally Guangdong Hengshen Meida New Materials Co., Ltd., is a Chinese chemical-materials enterprise associated with the Hengshen Group, a privately held Chinese industrial group with roots in the chemical fiber and textile-materials sector. The company name combines the group brand "Hengshen" with the legacy "Meida" identity, reflecting its position within a larger materials group while retaining a distinct operating name. The business sits in the specialty and commodity chemicals space, with a focus on new materials and chemical fiber-related products that serve downstream textile, industrial and consumer applications. Its Chinese-language corporate name explicitly identifies it as a joint-stock company (股份公司) based in Guangdong province. Because public, verifiable brand-level documentation for this specific entity is limited, this dossier is deliberately conservative: ownership is attributed to the Hengshen Group, the operating country is China, and the product scope is described at the category level rather than with specific product lines, capacities or financial figures. No founding year, executive roster, stock listing or official website is asserted here, as these could not be confirmed from the supplied evidence. Positioning: a group-affiliated Chinese new-materials and chemical fiber brand serving domestic industrial and textile supply chains.

Hengshen New Materials, formally Guangdong Hengshen Meida New Materials Co., Ltd., carries a name that reflects two strands of identity: "Hengshen," the brand of the Hengshen Group, a Chinese privately held industrial group rooted in chemical fiber and textile materials, and "Meida," a legacy operating name retained in the corporate title. The combined name signals that the entity operates as a group-affiliated materials business in Guangdong province while preserving continuity with the Meida business identity. As a joint-stock company (股份公司) within the Hengshen Group orbit, the firm is positioned in the chemical materials and chemical fiber value chain, supplying new materials and fiber-related products to downstream textile, industrial and consumer customers in China. Its corporate form and naming suggest an entity created or renamed through group restructuring rather than a standalone startup. Specific dated milestones — founding, capacity expansions, ownership changes, leadership appointments or capital-market events — could not be verified from the supplied evidence and are therefore not asserted here. The history above is limited to what the corporate name and group affiliation support.

Group-affiliated Chinese new-materials and chemical fiber brand serving domestic industrial and textile supply chains.

• New materials

  New-material products within the group's chemical materials portfolio.

• Chemical fiber products

  Chemical fiber products serving downstream textile and industrial applications.

• 2026

  Judicial auction of 15,840,000 Hengshen New Materials shares held by Qingdao Changsheng: 8,000,000 sold, 7,840,000 unsold

  Guangdong Hengshen Meida New Materials (000782) announced that the Shinan District People's Court of Qingdao, Shandong, held a judicial auction on the Alibaba judicial auction platform from 10:00 on October 13 to 10:00 on October 14, 2026, of 15,840,000 unrestricted circulating shares (2.31% of total share capital) held by 5%-or-more shareholder Qingdao Changsheng Riyue New Energy Holdings, in connection with a debt dispute. Platform results showed that 8,000,000 shares (1.17% of total share capital) were successfully bid for a combined 63,760,000 yuan by three bidders, while 7,840,000 shares received no bids and failed to sell. Final completion remains subject to the court's auction confirmation ruling, and the unsold shares may still face a second judicial auction. Qingdao Changsheng's entire 63,380,000-share holding (9.23% of the company) has been frozen or auctioned; if the 8,000,000 shares are transferred, its stake would fall to 8.07%. The company stated that Qingdao Changsheng is not its controlling shareholder, that the auction will not change actual control, and that it will not have a material adverse impact on production and operations.

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1. 1Judicial auction of 15,840,000 Hengshen New Materials shares held by Qingdao Changsheng: 8,000,000 sold, 7,840,000 unsoldcfi.net.cn