On September 24, the signing ceremony of the entry door project of cooperation between jiangshanoupai and Poly and Country Garden was successfully held in JS. It is reported that jiangshanoupai will invest JS Huafei Security Technology Co., Ltd. in cash and land use rights to jointly carry out entry door business. The proposed investment amount is 192.44 million yuan, of which 148.03 million yuan is included in the registered capital and 44.41 million yuan is included in the capital reserve. After the capital increase is completed, it holds 72% equity of Huafei security company. The capital increase and stock expansion of Huafei security company will inject funds into its development, which is in line with the company's strategic development direction and is conducive to enriching the company's product structure, realizing the diversification of the company's products and enhancing the comprehensive competitiveness of the company's products.
(Image Source: Chinese wood doors and windows Association-public number, invasion and deletion)
huaan security is a new enterprise mainly engaged in technical services, sales of doors and windows, sales of metal seals, sales of high-performance sealing materials, etc. This investment in Europe not only marks the extension of the company's product category layout, but also comprehensively promotes the development of product categories. At the same time, it also marks that it will officially make great efforts in the entry door market, and the layout of product lines will be further innovated. This cooperation project will strongly promote the development of jiangshanou's product business towards high quality and diversification, and further accelerate the expansion of enterprise scale.
As domestic the first main board listed enterprise in the wooden door industry, jiangshanoupai has been continuously developing and building in recent years. Currently, there are three major production bases in Zhejiang JS, Henan Lankao and Chongqing, with a steady increase in production capacity. And with the layout of many domestic and foreign sales channels such as engineering, retail, foreign trade, etc., we can achieve rapid breakthroughs in performance. In the first half of 2020, the company realized operating income of about 1.062 billion yuan and net profit increased by 65.71 percent.
In the future, Europe will continue to take "global wooden door manufacturing experts" as its own duty, focus on wooden doors, concentrate on innovation, and provide customers with higher quality, safety and value-added consumption guarantee; it also contributed its own strength to the local economic and social construction in JS.
(Article Source: China wood doors and windows Association-public number, invasion and deletion)
