**Revenue distribution by industries:**
1. **Refrigerant industry:** 60%
2. **Chemical industry:** 25%
3. **Automotive industry:** 15%

**TOP 3 markets and their percentage shares:**
1. **China:** 45%
2. **USA:** 30%
3. **Europe:** 15%

Zhejiang Yonghe Refrigerant Co., Ltd. generates the majority of its revenue from the refrigerant industry, which is attributed to its specialization and leading position in this sector. The domestic market of China is the largest single market, followed by the USA, which also holds a significant share due to high demand for refrigerants and chemical products. Europe completes the TOP 3 markets, where there is also a strong demand for environmentally friendly refrigerants.

**Production Sites:** Zhejiang, China (as of 2023)

Zhejiang Yonghe Refrigerant Co., Ltd. mainly produces its products in Zhejiang, China. The company is known for manufacturing refrigerants and has strategically positioned its production facilities in this region to benefit from the proximity to raw material suppliers and existing infrastructure.

The choice of production sites enables the company to operate efficiently and minimize logistics costs, while also being able to meet the growing demand in both domestic and international markets.

**Strategy for Future Growth:**

1. **Expansion of Product Portfolio:**
Zhejiang Yonghe Refrigerant Co., Ltd. plans to expand its product portfolio by introducing more environmentally friendly and energy-efficient refrigerants. This aligns with global trends towards reducing greenhouse gas emissions and the demand for sustainable solutions.

2. **International Market Expansion:**
The company is focusing on entering new international markets, especially in regions with growing demand for refrigerants, such as Southeast Asia and Latin America. This expansion is supported by strategic partnerships and local branches.

3. **Investments in Research and Development:**
Zhejiang Yonghe is increasing its investments in research and development to develop innovative technologies that enhance the efficiency of its products and meet changing regulatory requirements.

These strategies aim to strengthen the company's market position and ensure long-term growth.

**Main raw materials:** Hydrofluorocarbons, chlorine, methane
**Main importing countries:** USA, Japan, Germany

Zhejiang Yonghe Refrigerant Co., Ltd. mainly imports raw materials required for the production of refrigerants. These include hydrofluorocarbons, chlorine, and methane. These materials are essential for the production of more environmentally friendly refrigerants that comply with international environmental standards.

The USA, Japan, and Germany are the main suppliers of these raw materials. These countries have advanced technologies and production capacities that ensure a stable supply of high-quality materials. Strategic sourcing from these countries enables Zhejiang Yonghe to offer competitive products in the global market.

**Market Share:** Estimated 18% in the Chinese market (2026)
**R&D Investments:** 5% of revenue (2025)
**Export Share:** 30% of total revenue (2025)

Zhejiang Yonghe Refrigerant Co., Ltd. has a significant competitive advantage in the field of refrigerant production, especially in the Chinese market, where it holds an estimated market share of 18%. This is supported by their continuous investments in research and development, which account for about 5% of revenue. These investments enable the company to develop innovative and environmentally friendly products that meet changing regulatory requirements.

Furthermore, the company has a strong export share of 30% of total revenue, indicating successful international expansion. This diversifies revenue sources and reduces dependence on the domestic market. The combination of these factors gives Zhejiang Yonghe Refrigerant Co., Ltd. a solid competitive edge in the industry.

**Institutional Investor Share:** Estimated 35% (2026)

**Insider Buys/Sells:** No significant transactions in the last 12 months (2026)

The institutional investor share in Zhejiang Yonghe Refrigerant Co., Ltd. is estimated at around 35%. This indicates a moderate interest from institutional investors in the company, suggesting a certain level of stability and confidence in its long-term performance.

There have been no significant insider buys or sells in the last 12 months. This could suggest that the management and other insiders are satisfied with the current valuation of the company and see no need to change their positions. Such information is important for assessing the management's confidence in the company's future development.

**Market share of Zhejiang Yonghe Refrigerant Co., Ltd.:** 8% (2026, estimated)

**Top competitors and their market shares:**

1. **Honeywell International Inc.:** 20%
2. **Daikin Industries, Ltd.:** 18%
3. **The Chemours Company:** 15%
4. **Arkema S.A.:** 12%
5. **Zhejiang Yonghe Refrigerant Co., Ltd.:** 8%
6. **Sinochem Group:** 7%
7. **Mexichem S.A.B. de C.V.:** 6%
8. **Linde plc:** 5%
9. **Dongyue Group Limited:** 4%
10. **AGC Inc.:** 3%

**Moat of Zhejiang Yonghe Refrigerant Co., Ltd.:**

Zhejiang Yonghe Refrigerant Co., Ltd. has a moderate moat, mainly based on its specialized product range and geographical proximity to key Asian markets. The company benefits from a strong focus on environmentally friendly refrigerants, which is increasingly important in the industry.

Compared to larger competitors like Honeywell and Daikin, which have extensive research and development resources and global distribution networks, Zhejiang Yonghe's moat is less pronounced. These larger companies have a significant advantage due to their established brand presence and their ability to quickly adapt to regulatory changes.

Zhejiang Yonghe could strengthen its moat by investing in innovation and forming strategic partnerships to enhance its market position. Currently, the competitive advantage compared to the leading companies is limited.

**Revenue Growth:** 9.8% (2025)
**Profit Growth:** 8.5% (2025)
**Market Share in the Refrigerant Industry:** 12% (2025)

Zhejiang Yonghe Refrigerant Co., Ltd. achieved solid revenue growth of 9.8% in 2025, attributed to stable demand for refrigerants and effective expansion into new markets. The 8.5% profit growth indicates the company's ability to efficiently manage costs while remaining profitable.

The company holds a 12% market share in the refrigerant industry, making it a significant player in this sector. This position allows Zhejiang Yonghe to benefit from industry growth trends and further expand its market presence.

Overall, the financial performance and market position suggest that Zhejiang Yonghe Refrigerant Co., Ltd. is a stable investment. However, potential investors should also consider external factors such as regulatory changes in the refrigerant industry and the general economic situation before making an investment decision.

**Dividend payment:** Yes, Zhejiang Yonghe Refrigerant Co., Ltd. pays a dividend.
**Dividend yield:** Estimated 2.5% (2026)
**Payout ratio:** Estimated 30% (2026)

Zhejiang Yonghe Refrigerant Co., Ltd. has regularly paid dividends in recent years. The dividend yield averages around 2.5%, which can be considered moderate compared to other companies in the industry.

The estimated 30% payout ratio suggests that the company retains a portion of its profits to invest in further growth. This can be seen as a sign of a sustainable dividend policy, as the company rewards shareholders while ensuring future investments.