CHENGDU YANGZHIGUANG INDUSTRIAL CO.,LTD (600673)

Chengdu Yangzhiguang Industrial Co. Ltd

Chengdu Yangzhiguang Industrial Co. Ltd is mainly engaged in the production and sale of hydrophilic foil for use in air conditioners. The company's core products include hydrophilic foil and formed foil and has over 25% market share in hydrophilic foil and 60% market share in formed foil in China. It ranks first in the production of its products in China and has become a major supplier for a number of well-known air conditioner manufacturers including Geli, Midea, Changhong and LG with a total of 70% market share in China.

As the largest production centre for hydrophilic foil and formed foil, Chengdu Yangzhiguang is the most professional manufacturer of hydrophilic foil with the strongest advantage in China. In addition, the company plans to purchase assets of electronic material worth over RMB 1 bln in the five subsidiaries of HEC Group Co. Ltd. The company presently holds 5.06 million of the shares of Haitong Securities Co. Ltd.


Copyright NewsnChina 2009