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Kitchen And Bathroom Jun Kitchen And Bathroom Headlines
Dènyèman, Jingdezhen Lehua Ceramic Sanitary Ware Co., Ltd, a subsidiary of Arrow Home Group Co. held a groundbreaking ceremony for a project with an annual production capacity of 10 milyon ansanm wobinèt ak 3 million sets of showerheads. Arrow Home Chairman and General Manager Xie Yurong said at the scene that the project’s output value will exceed 2 billion yuan and it is expected to add tax revenue in more than 120 milyon yuan.
Nan premye mwatye nan 2021, expansion has become one of the keywords of the bathroom and home industry. Domestic and foreign enterprises have carried out a new round of expansion plans. Nan dezyèm mwatye nan ane a, the public expansion plans of enterprises also include: Chenglin, Kohler, Makino sanitary ware, Zbom home, South China Decoration Group, elatriye.. Dapre estatistik enkonplè, only these companies spent on new projects amounted to more than 3 milya dola Yuan.
|
Non konpayi |
Project Overview |
| Chenglin | Construction of ceramic sanitary ware production line for $40 million in Shandong Meilin |
| Kohler | Expansion of French engine plant with millions of dollars |
| Makino Bathroom | Investment of 1.05 billion yuan to build Makino Sanitary Industrial Park |
| Shibang Home | Investment of 1.6 billion yuan to build Qingyuan Zhibang Intelligent Manufacturing Project |
| South China Decoration Group | Proposed to raise capital for the listing and construction of three major projects including Luhe South China Environmental Protection Building Decoration Parts and Components Production Base |
| Puno Cabinet | Invested 15 million Euros to build a cabinet factory |
The output value of Arrow Home’s new projects
pral depase 2 milya dola Yuan
According to the Fuliang release, nan mwa Out 8, the groundbreaking ceremony for the annual production capacity of 10 milyon ansanm wobinèt ak 3 million sets of showerheads was held at Jingdezhen Lehua Ceramic Sanitary Ware Co. The company will build the faucet workshop into an intelligent, ba-kabòn, green factory, and strive to make the project a high-quality, high-efficiency, high-benefit, high-value-added industry.
It is understood that Jingdezhen Lehua Ceramic Sanitary Ware Co., Ltd. is a wholly-owned subsidiary of Arrow Home Group Co. Nan 2020, the company ranked 8th among the top 20 taxpayers in Jingdezhen with sales of 855,149,800 yuan and tax generation of 92,078,000 Yuan.
In addition to the Jingdezhen-related projects, Arrow Home also disclosed several investment projects in its prospectus published in July, ki gen ladan la “annual production capacity of 10 milyon ansanm wobinèt ak 3 million sets of showerheads project”. The total investment of the project is 680 milyon yuan, and the proposed use of funds raised 460 milyon yuan. It is expected that after all the production, its average annual increase in operating income is 1.171 milya dola Yuan, and the average annual net profit is 134 milyon yuan.
Inite: milyon yuan
| Non. | Non Pwojè a | Total investment | Proposed use of proceeds |
| 1 | Intelligent home products production capacity technical transformation project | 48,192.30 | 48,19230 |
| 2 | Annual production capacity of 10 million sets of faucets, 3 million sets of shower project | 68,000.00 | 46,025.57 |
| 3 | Intelligent home R & D testing center technology transformation project | 17,364.00 | 17,364.00 |
| 4 | Digital intelligence upgrade technology transformation project | 9,054.75 | 9,054.75 |
| 5 | Marketing service network upgrade and brand construction project based on new retail mode | 26,310.38 | 26,310.38 |
| 6 | Supplementary working capital | 34,000.00 | 34,000.00 |
| Total | 202,921.44 | 180,947.00 | |
Chenglin, Kohler, Makino sanitary ware
Zbom home and other expansions
In addition to Arrow home, into the second half of the year, Chenglin, Kohler, Makino sanitary ware, Zbom home, South China Decoration Group and other sanitary ware, home furnishing enterprises also announced plans to expand production, and the total investment amount of these enterprises exceeded 2 milya dola Yuan.
■ Chenglin
Chenglin held a shareholders’ meeting on August 2. Nan reyinyon an, in addition to announcing seven directors and other senior management candidates, a new round of expansion plans was also revealed. It is reported that Chenglin’s Shandong Meilin will use its own capital of RMB 40 million to build a ceramic sanitary production line for expansion, which is scheduled to be put into production in the first half of 2022. Chenglin also revealed that the company has acquired a Mexican factory. With the process optimization and capacity enhancement, it is expected to achieve profitability from the third quarter of this year.
■ Kohler
Kohler recently announced that it will make a multi-million dollar investment in its production site in northwest France over the next five years to meet the rapidly growing market demand for generators. The 42,800-square-meter facility will expand manufacturing and logistics facilities and upgrade dock infrastructure to support higher capacity marine transportation. In addition to manufacturing kitchen and bathroom products, Kohler is also reportedly a world-renowned engine manufacturer. The business also has a presence in the Chinese market.
■ Puno Cabinets
Nan mwa Out 12, lè lokal, the German cabinet company Pernod (pronorm) ak yon envestisman total de 15 milyon ero (sou 115 milyon yuan) held a groundbreaking ceremony for its cabinet production project. The project has a total area of 2,500 square meters and is scheduled to be completed in early 2022. The company’s cabinet production capacity will increase from 30,000 sets to 40,000 sets per year after the commissioning. It is reported that Purano is strengthening its business in China by setting up Shanghai Wopu International Trading Co.
■ Makino Bathroom
It is reported that in July, Shiyan City, Zhuxi County, a new bathroom project – Makino Sanitary Industrial Park. The project has invested 1.05 billion yuan and covers an area of 58 nan. It has an average investment of 18.1 million yuan per mu and 12 40,000 square meters of two-story factory buildings, which are expected to be put into operation in June 2022. After reaching production, it will be able to produce 5 million sets of sanitary products per year, ak yon valè pwodiksyon anyèl de 700 milyon yuan ak 60 million yuan of tax payment.
■ Zbom Home
Nan mwa Jiyè 28, Zbom Home made an announcement that the company signed an investment agreement with the Management Committee of Guangzhou (Qingyuan) Industrial Transfer Industrial Park. It intends to invest a total of 1.6 billion yuan to build the Qingyuan Zbom Intelligent Manufacturing Project in Guangzhou. Its project is mainly for the construction of factory buildings, bilding biwo yo, R&D buildings, dormitory buildings and auxiliary plants, and is expected to reach production output of 2.6 billion yuan/year.
■ South China Decoration Group
According to the prospectus of South China Decoration Group disclosed by SEC on July 27, the company intends to issue not more than 56,666,700 A shares, and the funds raised will be used for the construction of three projects, including the Luhe Huainan environmental protection building decoration parts production base project. Pami yo, the total investment amount of Luhe Huainan environmental protection building decoration parts production base project is 143 milyon yuan. The site is located in Xintian Town, Luhe County, Shanwei City, Pwovens Guangdong, ki kouvri yon zòn nan 16,917.62 mèt kare. After reaching production, it is expected to have an annual output of 30,000 cubic meters of anti-deformation plywood, 400,000 square meters of aluminum alloy doors and windows, epi 50,000 square meters of curtain walls.
Inite: milyon yuan
| Non. | Non Pwojè a | Project Investment Amount | Amount of proceeds to be used |
| 1 | Luhe South China Environmental Protection Building Decoration Parts Production Base Project | 14,340.83 | 14,340.83 |
| 2 | Creative design center construction project | 3,038.28 | 3,038.28 |
| 3 | Supplementary engineering working capital | 87,871.10 | 40,000.00 |
| Total | 105,250.21 | 57,379.11 | |
Behind the expansion of production, la
Preparing for capturing a larger market share
Depi dezyèm mwatye nan ane a, although the domestic epidemic rebounded sporadically, and local areas suffered heavy rainfall and other unfavorable weather factors, the national building materials and home market development trends remain stable overall. In the past July, the national building materials and home furnishing sentiment index (BHI) te 120.84, desann 0.15 points from the previous year and up 36.27 pwen soti nan ane anvan an. National sales of building materials and home furnishing stores above the scale in July were 91.26 milya dola Yuan, desann 5.82% from the previous month and up 40.74% soti nan ane anvan an. From January to July in 2021, the accumulated sales were 572.24 milya dola Yuan, leve 68.24% ane sou ane.
Behind the expansion, carries the ambition of the enterprise to reconstruct the market pattern. Kounye a, the market size of the building materials and home furnishing industry is counted in trillions of yuan. The current market is tapped out only a hundred billion volume, so home furnishing enterprises have been expanding production capacity, to seize the continued expansion of the market early energy storage.
Anplis de sa, the larger-scale expansion of production also reflects the comprehensive strength of the enterprise, the news of the investment in the construction of factories on the enterprise undoubtedly has an immediate effect of publicity. For the brand’s dealers, the enterprise’s expansion news can also stimulate the desire to invest and strengthen the enterprise’s distribution team. An menm tan an, many enterprises to take the multi-point production base layout, but also can effectively shorten the logistics time, to achieve more efficient delivery, to provide strong support for dealers around the service.
