Decheng Technology AG Reports Earnings Results for the Full Year Ended December 31, 2023

Decheng Technology AG is a Germany-based Company, which is a polyurethane resin producer. The Company's products are mainly used in the textile industry for outdoor supplies, waterproof jackets and windbreakers, fast dry clothing, flame resistance, tents, backpacks, sleeping bags and mats, as well as in the leather industry for leather furniture, leather clothing, shoes and sports balls. Its principal customers are textile and leather manufacturers on the Chinese market. It is also engaged in research and development (R&D) of polyurethane resin for dry fabrics, polyurethane produced by wet winding technology and polyurethane resin for fiber coating, as well as additives products, such as melamine bridging agents, polyurethane bridging agents and urethane accelerators.