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27/F Fortis Tower, 77-79 Gloucester Road, Wanchai, Hong Kong
Bauhinia Advanced Materials Group, a subsidiary of Yip’s Chemical, is a manufacturer of arachitectural and industrial coatings. The company, with over 40 years of heritage, focuses on delivering “high-performance solutions for healthy living”.
Markets Served: Architectural coatings, Automotive coatings
Bauhinia Advanced Materials Group, a subsidiary of Yip’s Chemical, primarily produces industrial and architectural coatings. Approximately 60% of the company’s sales are in industrial sales, while 33% is in architectural and decorative markets and 7% is in non-automotive OEM applications. The company has three manufacturing facilities in China: Shanghai, Guangdong Huizhou and Sichuan Chengdu, and 1,260 employees.
The Bauhinia Advanced Materials Group offers an extensive range of products, including architectural coatings such as interior and exterior emulsion wall paints, floor coatings, artistic finishes, faux stone paints, and wood coatings. Its industrial coatings cater to furniture, toys, and protective applications, along with high-quality resins. Its industrial protective coatings are known for outstanding product performance and systematic services, and provide reliable and professional protection solutions for sectors such as petroleum and petrochemicals, container manufacturing, and power systems.
The company showcases a distinguished portfolio of brands, including Bauhinia, Camel, Aquapro, and VIVA in architectural coatings. Hang Cheung holds a leading position in the field of toy coatings; the brand has developed environmentally conscious coatings for biodegradable and recyclable plastic toys, supporting international toy brands in their efforts to promote sustainable plastic alternatives, reduce carbon emissions, and minimize plastic waste. Da Chang is renowned for its specialized expertise in resin production.
In 2024, the company launched a more environmentally friendly Baby Care Native Silicon Based Kid’s Room Wall Paint, which uses natural mineral materials and is free from toxic substances. Its strong environmental qualities were recognized, and it achieved numerous prestigious international recognitions such as US FDA certification and German Blue Angel eco-label.
In response to the intense competition in the coatings industry, the company will adopt a strategy of “high-quality development”, focusing on continuously improving product quality, optimizing service capabilities, and driving technological innovation, paving the way for sustainable growth with distinctive industry advantages.
Markets Served: Decorative coatings, Furniture coatings, Architectural coatings
A subsidiary of Yip’s Chemical, Bauhinia Advanced Materials Group manufacturers architectural and industrial coatings. Approximately 50% of the company’s sales are in industrial sales, while 44% is in architectural and decorative markets.
Bauhinia Advanced Materials Group consistently delivered outstanding performance in 2023, showcasing its commitment to innovation, sustainability, and customer-centric solutions. The Group’s sales volume in 2023 rebounded strongly. Effective management of product gross profit margins and product mix, coupled with relatively stable raw material prices, enabled the group to achieve a significant gross margin expansion, leading to a significant surge in segmental profit.
The Group’s brands including Bauhinia and Camel Paint have continued to expand the retail network across China, while strategically optimizing their high-end coatings products and services to cater to the evolving needs of the Chinese middle-class consumers. To further strengthen the Bauhinia brand image, the company has become the official supporting brand of the Chinese national women’s football team and has placed advertisements on China’s high-speed rail network. Baby Care Bio-based Kids Paint, made from plant extracts, was launched in 2023.
BCG Art coatings have been a key focus area for the group, with Bauhinia opening a substantial number of 342 full-range paint stores, 116 art coatings specialty stores, and 462 new retail outlets in 2023. As a well-established coatings brand with over 40 years of heritage, Bauhinia has remained steadfast in its commitment to “focusing on coatings, caring for people” and delivering “high-performance solutions for healthy living.”
Despite the challenging macroeconomic environment and headwinds faced by the coatings industry, Bauhinia has demonstrated its resilience and ability to navigate these obstacles. Looking ahead, it will continue to strengthen their store networks and strengthening their brand influence. The group will also focus on driving the growth of its industrial coatings and resins business, particularly in the protective coatings and plastic coatings segments.
Headquartered in Shanghai, Bauhinia Coatings Group manufactures decorative coatings, furniture coatings and architectural coatings. Approximately 50% of the company’s sales are in architectural and decorative markets, while 35% is in the general industrial and industrial maintenance segments.
For Bauhinia Advanced Materials Group, 2021 was an extraordinary year. First, the entire coatings industry encountered a significant rise in raw material prices. For individual raw materials, such as solvents, titanium dioxide and emulsions, the growth rate ranged from 35% to 60%. Second, the Mainland real estate developers faced disruptions in capital chain under the tightening of property regulations, so real estate-related industries also suffered.
The advanced materials group quickly responded and adjusted its strategy. With its effective expansion strategy, the advanced materials group’s sales revenue reached HK$2.04 billion in 2021, a year-on-year increase of 41%. However, the gross profit margin was under significant pressure because the raw material prices rose sharply, which could not be fully passed on downstream.
Bauhinia Advanced Materials Group produces architectural paints and coatings at its manufacturing sites in Shanghai, Guangdong and Chengdu, while Guangdong also produces industrial coatings and resins. Among Bauhinia’s best-known architectural brands are Bauhinia Paints, Camel, Aquapro and VIVA. Hang Cheung is the company’s industrial coatings brand. Bauhinia Advanced Materials Group will expand the retail network of water-based coating products revolving mainly around the Bauhinia and Camel brands in the coming year.
Headquartered in Shanghai, Bauhinia Coatings Group manufacturers decorative coatings, furniture coatings and architectural coatings. Approximately 50% of the company’s sales are in architectural and decorative markets, while 35% is in the general industrial and industrial maintenance segments.
For Bauhinia Advanced Materials Group, 2021 was an extraordinary year. First, the entire coatings industry encountered a significant rise in raw material prices. For individual raw materials, such as solvents, titanium dioxide and emulsions, the growth rate ranged from 35% to 60%. Second, the Mainland real estate developers faced disruptions in capital chain under the tightening of property regulations, so the real estate-related industries also suffered immense impacts.
The advanced materials group quickly responded and adjusted its strategy. With its effective expansion strategy, the advanced materials group’s sales revenue reached HK$2.04 billion in 2021, a year-on-year increase of 41%. However, the gross profit margin was under significant pressure because the raw material prices rose sharply, which could not be fully passed on to downstream customers.
Bauhinia Advanced Materials Group produces architectural paints and coatings at its manufacturing sites in Shanghai, Guangdong and Chengdu, while Guangdong also produces industrial coatings and resins. Among Bauhinia’s best-known architectural brands are Bauhinia Paints, Camel, Aquapro and VIVA. Hang Cheung is the company’s industrial coatings brand.
Bauhinia Advanced Materials Group will expand the retail network of water-based coating products revolving mainly the Bauhinia and Camel brands in the coming year.
Established in 1971, Bauhinia Coatings Group manufacturers decorative coatings, furniture coatings and architectural coatings. Approximately 50 percent of the company’s sales were focused in architectural and decorative markets; 35 percent was for the general industrial and industrial maintenance sectors. The company has two manufacturing plants in Shanghai and Chengdu that are focused on architectural coatings, while the Guangdong site architectural coatings, industrial coatings and resins. In recent years, the Group has been providing high-
quality and environmentally friendly auxiliary materials which cover wall reinforcement, floor leveling, tile paving, various tools, etc. Its extensive sales network enables consumers to enjoy one-stop shopping experience.
In 2021, Yip’s Chemical, Bauhinia’s parent company, consolidated its coatings and coatings-related businesses, including resins, into Bauhinia Advanced Materials Group. Bauhinia’s architectural coatings include Bauhinia, Camel, Aquapro and VIVA; the latter three were acquired by Yip’s in 2018, and their businesses in Mainland China, Hong Kong and Macau are part of the Bauhinia group. Hang Cheung is its industrial coatings brand, while Da Chang Polymer is its resin brand.
Bauhinia Coatings Group manufactures decorative coatings, furniture coatings and architectural coatings. Approximately 47 percent of the company’s sales were focused on architectural and decorative markets; 37 percent were for the general industrial and industrial maintenance sectors. The company has three manufacturing plants in Shanghai, Guangdong and Chengdu. The parent company, Yip’s acquired coatings brands Camel, Aquapro and VIVA and their respective architectural and industrial coatings businesses in Mainland China, Hong Kong and Macau. The Group believes that the acquisition will help gain a significant foothold in Hong Kong’s coating market and will create a synergy effect with the current businesses of the coatings group in areas such as manufacturing, technology, distribution and marketing, building a solid foundation for the development of Guandong-Hong Kong Macau Greater Bay Area.
Established in 1971, Bauhinia Coatings Group manufacturers decorative coatings, furniture coatings and architectural coatings. Approximately 45 percent of the company’s sales were focused in architectural and decorative markets; 55 percent was for the general industrial and industrial maintenance sectors. Parent company, Yip’s acquired coatings brands Camel, Aquapro and VIVA in 2018 and their respective architectural and industrial coatings businesses in Mainland China, Hong Kong and Macau. The Group believes that the acquisition will help gain a significant foothold in Hong Kong’s coating market and will create a synergy effect with the current businesses of the coatings group in areas such as manufacturing, technology, distribution and marketing, building a solid foundation for the development of Guandong-Hong Kong Macau Greater Bay Area.
Established in 1971, Bauhinia Coatings Group manufacturers decorative coatings, furniture coatings and architectural coatings. Approximately 43 percent of the company’s sales were focused in architectural and decorative markets; 40 percent was for the general industrial and industrial maintenance sectors, and 16 percent was for resins. Recently, the company launched several new products, including: Youtuli S-series Odourless Paints, F2 Waterbased “Water and Wood in Perfect Harmony” Wood Paints.
Established in 1971, Bauhinia Coatings Group manufacturers decorative coatings, furniture coatings and architectural coatings. Approximately 43% of the company’s sales were focused in architectural and decorative markets; 40% was for the general industrial and industrial maintenance sectors, and 16 percent was for resins. Recently, the company launched several new products, including: Youtuli S-series Odourless Paints, F2 Waterbased “Water and Wood in Perfect Harmony” Wood Paints.
Bauhinia Coatings Group is a wholly-owned subsidiary company of Yip’s Chemical Holdings. The company has approximately 1,700 employees. Key brands include Bauhinia Paints (architectural/decorative) and Hang Cheung Coatings (industrial/architectural). Bauhinia has three manufacturing facilities in China: Jinshan, Shanghai; Chengdu, Sichuan and Huiyang, Guangdong.
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