China Composites
Group Co., Ltd. (CCGC) is founded in 1988 with
registered capital of RMB 200 million Yuan, and the gross
assets of the Corp. are RMB 847 million Yuan.The business
scope of CCGC covers the scale production, R & D, sales
of composite materials, glass fiber, glass, related equipment,
as well as the technical service, engineering contracting,
importing & exporting, and organizing the international
professional trade show. The Corporation is entitled to
conduct import and export and it possesses several holding
companies and is the shareholder of some other companies
as well.
CCGC has built the largest Composites Industrial Park in
China and is able to produce the largest composites container
with thousands of tons of capacitance. It also has the largest
FRP pipe and container production base, largest glass fiber
mat production base, PVC cushion floor production company,
FPR yacht and pleasure angling boat production company,
China first FRP auto parts production base and the first
class glass processing and flat glass production company.
The production base of composites mainly for FW pipes, FW
gas bottles, fan blade, glass fiber mat, PVC cushion floor,
luxury and common pleasure boats and FRP auto parts is now
being developed by CCGC rapidly. The Corporation will gradually
grow up toward a national top industrial group entity, which
will focus on the technology and marketing with the guiding
composite products for construction, environment protecting,
transportation, energy source, boats and sports etc.
China Fiberglass
Company Limited (China Fiberglass) is a public
listed company in Shanghai Stock Exchange (stock code: 600176).
On March 5th 1999, it issued the Common A class of stock.
On April 22nd 1999, the company went public.
Initiated by China National Building Material Group Corporation
and other three corporations as promoters, China Fiberglass
was one of the early public listed companies with considerable
business scale. China National Building Material Group Corporation
is the biggest shareholder at present.
China Fiberglass has been devoting in increasing its competitiveness
in new material industry. Its business scope covers research,
production, and sales of new materials (glass fiber), commercial
real estate, logistics distribution and chain management.
With fast development after went public, China Fiberglass
has made significant achievements. Total production, total
sales, and economic efficiency of glass fiber and products
are ranked No.1 in Asia and top.5 worldwide. It is one of
the top four suppliers to American market, which is the
biggest glass fiber market in the world.
Company goals are to be such a public listed company with
an excellent business operation and management, outstanding
achievements, competitive, and sustainable development.
Through emphasizing in main business fields, reforming structure
and management system, China Fiberglass will strives to
develop production and sales of new materials, commercial
real estate, logistics distribution and chain management.
Besides, China Fiberglass will increase investment and improve
capital operation in order to maximize the company value.