Texxon
Providing technology-enabled supply-chain services to East China plastics and chemical SMEs.
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Profile
Providing procurement, shipping and logistics, payment, and fulfillment services to East China SME customers in plastics and chemicals. Operations run through PRC subsidiaries under a Cayman Islands holding company.
Providing procurement, shipping and logistics, payment, and fulfillment services through a technology-enabled platform to small and medium-sized customers in East China’s plastics and chemical industries. The platform addresses needs around supply stability, procurement costs, product quality, and risk management.
The underlying operating business began in Yuyao in 2011. Operations run through PRC subsidiaries, principally Net Plastic Technology, while the Cayman Islands parent is a holding company. IPO proceeds are intended for a Henan polystyrene-factory initiative and supply-chain-platform updates.
Demand in certain chemical-product categories, upstream-feedstock costs, and competitive pricing conditions shape the operating environment.
Company facts
Categories
Key statistics
Year to date −32.6% · Average volume (30d) 28.6K
Analysts
No analyst consensus on record.
Earnings
Not reported.
Financial highlights
| 1 quarters | — | — | — | — | — | Q2 FY25 | |
|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | $2.6M | |
| Gross profit | — | — | — | — | — | $12.0K | |
| Operating income | — | — | — | — | — | −$6.3K | |
| Net income | — | — | — | — | — | −$7.4K | |
| Diluted EPS | — | — | — | — | — | $0.00 | |
| Gross margin | — | — | — | — | — | 0.5% | |
| Operating margin | — | — | — | — | — | -0.2% |
Balance sheet, Dec 31, 2025Cash & short-term investments $396.8K · Total debt $64.3M · Total assets $153.5M · Shareholders' equity $4.5M
Dividends
No dividends on record.
Ownership
Shares outstanding 22.19M · Float 2.69M · 12.1% free float
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % outstanding | Form | Filed |
|---|---|---|---|---|
| EXCP QQG Holding Limited | 5.96M | 26.89% | 13G | Jan 16, 2026 |
| Hui Xu · director, officer: Chief Executive officer | 5.84M | 26.31% | Form 4 | Apr 15, 2026 |
| EXCP HJ Holding Limited | 2.69M | 12.11% | 13G | Feb 10, 2026 |
| Jian (hanke) Huang · officer: Chief Technology Officer | 2.69M | 12.11% | Form 4 | Apr 15, 2026 |
| Invesco Ltd. | 15.9K | 0.07% | 13F | May 12, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
Not reported.


