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China's Kingfa fighting domestic slowdown
GUANGZHOU, CHINA (Sept. 10, 5 p.m. ET) — Guangzhou-based Kingfa Science & Technology Co. Ltd., ranked as China’s largest plastic compounder, reported mixed results for the first half of the fiscal year. The company cited a notable slowdown among its major end markets, including automotive, appliances and electronics, though automotive materials sales managed to grow at a double-digit pace.