Ruifeng Holdings empowers Korea Chemical (KC) to become a hidden champion in the global polymer new material industry
#Company news ·2026-05-22 11:47:58
At a time when the global industrial competition landscape is undergoing accelerated reshaping, Ruifeng Holdings is actively expanding into overseas markets, leveraging capital as a link and industry as its foundation, and exploring novel paths for cross-border mergers and acquisitions, post-investment empowerment, and global operations. Korea Chemical Group (KC), as the core cornerstone of Ruifeng Holdings' globalization strategy, has witnessed the company's entire journey from industrial cooperation to capital mergers and acquisitions, and from deepening local roots to global expansion. It has become a benchmark example for Chinese enterprises in cross-border mergers and acquisitions, post-investment empowerment, and industrial expansion overseas.
Korea Chemical Group, formerly a state-owned chemical enterprise in South Korea, has achieved a revenue exceeding 100 billion Korean won after completing the privatization process of state-owned enterprise reform, thanks to its profound industrial accumulation and well-established production system. It is a highly influential and high-quality enterprise in the field of new materials. After Ruifeng Holdings became the controlling shareholder of Korea Chemical Group, it adhered to strategic empowerment, technological upgrading, and market expansion, and deeply integrated industrial resources in China and South Korea. This not only promoted its leapfrog high-quality growth but also established a secure barrier for China's core material supply chain, laying a solid foundation for the global development of the enterprise.
Relying on refined operations and global channel integration, Ruifeng Holdings has fully activated the development momentum of the Korean Chemical Group. Since taking control, KC's cumulative export value has exceeded 30 billion US dollars, successfully being selected into the Korean government's "Top 300 Global Companies" list, and growing into a hidden champion in the global new materials sector.
With KC as its overseas core foundation, Ruifeng Holdings has innovatively established a dual-headquarters development model in China and South Korea, steadily building a global industrial landscape. Currently, it has established three core industrial bases in Northeast Asia, ASEAN, and Europe, and the US production base is being prepared and implemented in an orderly manner. The global industrial matrix continues to be improved. In 2024, Ruifeng Holdings' globally controlled enterprises achieved revenue of $9.98 billion, a year-on-year increase of 28%, fully demonstrating the effectiveness of its global layout.
Outstanding achievements are not achieved overnight. Since 200, Ruifeng Holdings embarked on an international industrial layout. It took the lead in investing in the high-purity polymer materials industry in China, achieving an annual production and sales volume of 50,000 tons. It opened up overseas sales channels, driving its self-produced products into the international market. In 2005, Ruifeng Holdings seized the opportunity to participate in the privatization process of a Korean chemical group, obtaining the operating rights for the Chinese region of the group's core products through strategic investment.
Relying on the mature global sales network of the Korean Chemical Group, Ruifeng Holdings has steadily promoted the overseas layout of its own products. Based on the original KC brand, it has jointly created the new KCFF series product brand, achieving brand co-construction and value upgrading. From 2002 to 2009, the company continued to integrate international sales agency resources, collaborate with overseas downstream enterprises, and leverage mature overseas channels to expand the scale of product exports. It gradually established its own international brand system, completing the important leap from product export, channel export to brand export.
From early industrial collaboration to cross-border capital mergers and acquisitions, and from local production to global base layout, Ruifeng Holdings, leveraging the support of a Korean chemical group, has embarked on a replicable and referential path towards global expansion. In the future, Ruifeng Holdings will continue to deepen Sino-Korean industrial collaboration, improve its global industrial layout, empower technological innovation with capital, ensure supply chain security through overseas bases, and continuously enhance the competitiveness and voice of China's new material industry in the global market.