Top 10 Up And Coming Companies To Watch For 2015

Top 10 Up And Coming Companies To Watch For 2015: China XD Plastics Company Ltd (CXDC)

China XD Plastics Company Limited (China XD), incorporated on November 16, 1999, is a specialty chemical companies engaged in the research, development, manufacture and sale of modified plastics primarily for automotive applications in China. Through its wholly owned subsidiary, Harbin Xinda Macromolecule Material Co., Ltd. (Harbin Xinda), the Company manufactures and sells modified plastics, primarily for use in the fabrication of automobiles parts and components. China XD develops its products using its technology through its wholly owned research laboratory, Harbin Xinda Macromolecule Material Research Center Co., Ltd. (Xinda Macromolecule Research Center). Xinda Macromolecule Research Center is a macromolecular material research and development institution. On March 31, 2011, Harbin Xinda established a wholly owned subsidiary, Harbin Xinda Macromolecule Material Testing Technical Co., Ltd. (Testing Technical), to develop a testing laboratory and provide testing service s of macromolecule materials, engineering plastics and other products.

The Company's modified plastics are used by its customers to fabricate the auto components, such as exteriors (automobile bumpers, rearview and sideview mirrors, license plate parts), interiors (door panels, dashboard, steering wheel, glove compartment and safety belt components), and functional components (air conditioner casing, heating and ventilation casing, engine covers, and air ducts). The Company's specialized plastics are utilized in more than 23 automobile brands manufactured in China, including brands, such as AUDI, BMW, Toyota, Buick, Mazda, Volkswagen, Cherry, Geely, and Hafei new energy vehicles. The Company operates three manufacturing bases in Harbin, Heilongjiang in the People's Republic of China (PRC). As of December 31, 2011, the Company ha! d approximately 165,000 metric tons of annual production capacity across 38 automatic production lines utilizing German twin-screw extru ding systems, automatic weighing systems and Taiwan conveyer! systems. In December 2011, the Company launched its third production base in Harbin, which has 90,000 metric tons of annual production capacity across 20 new production lines installed in two completed factories.

The Company's products are organized into seven categories, based on their physical characteristics: Modified PP, Modified ABS, Modified PA, Engineering Plastics, Alloy Plastic, Environmentally friendly plastics and Modified Plastic for Special Engineering. Modified PP includes brands, such as COMPNIPER, COMPWIPER and COMPGOPER. COMPNIPER products are primarily used for the interior parts, such as inner panels, instrument panels and box lids. COMPWIPER products are primarily used for external parts, such as the front and back bumpers and mudguards. COMPGOPER products are used for functional components, such as the unit heater shells and air conditioner shells. Modified ABS includes the MOALLOLY brand, which is used in functional components, such as h eat dissipating grids and wheel covers. Modified PA's brand is POLGPAMR, which is used in parts requiring high flame and heat resistance.

The Company's Engineering Plastics product group includes the MOAMIOLY brand, which is used in engine hoods, intake manifold and bearings. BRBSPCL is Alloy Plastic's brand, which is used in rearview mirrors, grilles, automotive electronics and other components. Products can also be used in computers, plasma televisions and mobile phones. POLGBSMR is the brand under the Company's Environmentally friendly plastics product group. Modified Plastic for Special Engineering's brand is PEEK, which is used in communications and transport, electronics and electrical appliances, machinery, medical and analytical equipment.

The Company competes with Guangzhou Kingfa Science & Techno! logy Co.,! Ltd. and Shanghai Pret Composites Co., Ltd.

Advisors' Opinion:

• [By Lisa Levin]

  China XD Plastics Company (NASDAQ: CXDC) shares rose 6.34% to touch a new 52-week high of $8.39 after the company reported its Q1 earnings of $0.34 per share.

• [By Monica Gerson]

  China XD Plastics Company (NASDAQ: CXDC) shares gained 4.17% to touch a new 52-week high of $6.01. China XD Plastics' trailing-twelve-month revenue is $1.05 billion.

source from Top Stocks For 2015:http://www.topstocksblog.com/top-10-up-and-coming-companies-to-watch-for-2015.html