Red Avenue New Materials Group Co Ltd

Red Avenue New Materials Group Co., Ltd. researches, develops, produces, processes, and sells fine chemical raw materials, chemical products, rubber and plastic processing aids, accelerators, microelectronic materials, and biodegradable plastics in China and internationally. Its product portfolio includes tackifying resins, curing resins, rubber processing aids, silica and functional additives, vulcanizing agents, and phenolic resins for CCL, LCD, and OLED applications. The company also offers photoresists such as KrF DUV, I/G line positive tone, thick film positive, lift-off negative, BP positive, ArF, EBR, and PMA, as well as high fine black photoresist for color filters, display resists for TFT-LCD, and AMOLED positive photoresist. Founded in 1999, it is headquartered in Shanghai, China.

Critical Materials & Supply Chain▲

Chemical ETF Penghua surges over 2.6%, AI materials continue to strengthen

Chemical ETF Penghua rose 2.68% to 0.8 yuan, with AI-related material sectors performing strongly. A Citigroup research report shows that in August, electronic fabric prices recorded the largest single-month increase of the year, with the average prices of the 1080, 2116, and 7628 series rising 17% to 18%, bringing year-to-date cumulative gains to 118% to 165%. China Securities pointed out that Japanese companies hold the top global market share in 14 key materials including photoresists, and the current tensions in Sino-Japanese relations combined with the AI demand boom are creating dual opportunities for domestic material enterprises. As of 1:11 PM on August 5, 2026, the CSI Subdivided Chemical Industry Thematic Index rose 2.32%, with constituent Dongcai Technology up 10.01%, Red Avenue New Materials up 8.01%, and Shengquan Group up 6.63%.

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