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China Jushi Company Limited is one of China's listed companies. [1]
main points
Key point 1: glass ceramic plate, China Securities 500 plate, Shanghai Securities 380 plate, Shanghai Stock connect plate, securities holding plate, state-owned enterprise reform plate, Shanghai Hong Kong stock connect plate, Beijing plate, Chinese prefix plate, social security heavy warehouse plate, margin trading plate.
Key points 2: business scope: technology development and technical services of new materials; wholesale of glass fiber and its products, composite materials, building materials, engineering plastics and products, glass fiber related raw materials, chemical raw materials, equipment and accessories; leasing of self owned houses; equipment installation; information technology services; enterprise management; asset management. The company is the largest manufacturer of glass fiber and glass products in China, ranking first in Asia, and has the largest and most advanced glass fiber R & D center and laboratory in China. At present, the production capacity of glass fiber has increased to 500000 tons.
Key point 3: private placement - raising 5 billion yuan for overseas market. According to the announcement on May 6, 2015, the company plans to issue no less than 20.58 yuan / share, non-public offering no more than 242.9543 million shares and raising no more than 5 billion yuan. In terms of fund-raising and investment, 950 million yuan will be used for Jushi Egypt phase II 80000 T / a alkali free glass fiber tank furnace drawing production line project, 670 million yuan will be used for Jushi Egypt phase III 40000 t / a high-performance glass fiber tank furnace drawing production line project, 1 billion yuan will be used for Jushi group 360000 T / a glass fiber tank furnace drawing production line cold repair technical transformation project, and 880 million yuan will be used for Jushi Chengdu annual production line project In addition, 1.5 billion yuan will be used to repay bank loans.
Key point 4: the world's leading companies are the leading enterprises in China's glass fiber industry. The output, sales volume, export volume, technology, marketing network, management and other indicators of glass fiber have long been the first in China and the leading in the world. The total scale of the three largest glass fiber enterprises in China, including the company, is close to 70% of the total capacity of glass fiber in the national tank kiln. Foreign glass fiber production is mainly concentrated in OCV, PPG, JM company. Three domestic and three foreign glass fiber enterprises account for about 84% of the global glass fiber production capacity. In 2011, the global output of glass fiber is expected to be about 4.2-4.5 million tons. China's output of glass fiber accounts for more than 50% of the total global output of glass fiber, and its export volume accounts for more than 25% of the total global output of glass fiber. Jushi group, the holding subsidiary of the company, had a production capacity of 900000 tons in 2010, accounting for about 19% of the global production capacity. The company's production capacity plan aims to expand to 1.5 million tons in 2012, accounting for 20% - 25% of the global production capacity. At present, the company has 13 production and sales overseas subsidiaries, has established a reasonable global sales network, and has established a long-term and stable cooperative relationship with customers in more than 70 countries and regions in the world. The company decided to increase the ex factory price of glass fiber products by 10% - 14% from July 1, 2011.
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