[Xunyang Report] A 38-Member Team Drives RMB 210 Million Output!

Preface

In the fertile ground of Jiujiang’s optimized business environment and vigorous cultivation of technology enterprises, a wave of innovative forces is accelerating, releasing strong momentum for high-quality development. Recently, Xunyang Daily spotlighted Jiangxi Menhover Chemical Technology Co., Ltd. (hereinafter referred to as “Jiangxi Menhover Technology”), located in Xinghuo Industrial Park, Yunshan Economic Development Zone, Yongxiu. The report vividly illustrates how a high-tech enterprise stands out in global competition by leveraging its innovative strength.

1. Small Team, Big Output: The Remarkable “38-Person Miracle”

In the warehouse of Jiangxi Menhover Technology, the company’s signature blue-and-white barrels are neatly arranged, ready for shipment to markets in Europe, America, Japan, South Korea, and beyond. According to company representatives, Menhover was the first domestic enterprise in its field to gain recognition in the U.S. market. The company has also established warehouses in Dubai, India, Turkey, and Vietnam, enabling “door-to-door” global services.

Astonishingly, the international operations and RMB 210 million output value achieved in 2023 were driven by a team of just 38 employees! This equates to an average output value of RMB 5.26 million per employee. Currently, the company is investing RMB 260 million in its second-phase project, covering 32 mu of land. Once fully operational, the project is expected to drive annual revenue to RMB 1 billion, with per capita output value potentially exceeding RMB 10 million.

2. Technology as King: Filling Industry Gaps and Leading the Way

Menhover’s parent company, Menhover Group, was founded by overseas returnees and experts in polyurethane and silicone. It is recognized as a “Specialized and New Little Giant” enterprise, focusing on eco-friendly silicone additives.

Technological innovation is the cornerstone of Menhover’s competitiveness. The company holds multiple invention and utility model patents. Its patented technologies in continuous silicone production and low-volatility silicone surfactants not only filled domestic gaps but have also been appraised as being at the “international leading level.”

In 2021, as the chief editor, Menhover Group—together with industry leaders such as Dow Chemical, Evonik, Mlily, and Shanghai Resin Plant—co-developed the Group Standard for Low-Volatility Silicone Oils for Polyurethane Flexible Foam. This marked the first-ever group standard in China’s additives industry, showcasing Menhover’s technical strength and earning recognition from global peers.

3. Market Leadership: A Global Layout and Sector Dominance

Leveraging strong technological capabilities and superior products, Jiangxi Menhover Technology has achieved rapid growth. Its global customer base includes industry giants such as BASF, Dow Chemical, Innochem, Lianchuang Energy Saving, Mlily, Kuka Home, and Gaoyu Home.

Today, Jiangxi Menhover Technology ranks among the top domestic players in overall strength. In the niche field of silicone surfactants for flexible polyurethane foam, the company holds a market share of nearly 40%, solidifying its leadership position.

4. Outlook: Jiujiang’s Innovation Soil Breeds Infinite Possibilities

The rise of Jiangxi Menhover Technology is a vivid example of Jiujiang’s efforts to optimize its business environment and foster new productive forces. With its astonishing efficiency of “small team, big output,” its innovation that “fills industry gaps,” and its fast-response service that stays “one step ahead,” the company demonstrates the vitality and immense potential of Jiujiang’s technology enterprises.

As its second-phase project moves forward, the future of Jiangxi Menhover Technology looks even more promising. The company is poised to make greater contributions to the high-quality development of Jiujiang, Jiangxi Province, and beyond.

(This article is adapted from the report in Xunyang Daily: “Doing Business Made Easy in Jiujiang | Showcasing Enterprises – Jiangxi Menhover Chemical Technology Co., Ltd.: Charging Ahead on the High-Tech Track,” by reporter Zhang Jiangyan.)