Company Factory Expansion
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Release Date:
2016-12-12
Zhenghua Bamboo and Wood Products Co., Ltd. has commenced the expansion of its factory premises and held a groundbreaking ceremony on the morning of November 14, making thorough preparations for the company’s upcoming IPO.
The project is located in Tea Plantation District No. 5, Wuyishan City, with a total land area of 6,533.50 square meters. Upon completion, it will serve as a multi‑storey headquarters complex for Zhenghua Bamboo and Wood Products Co., Ltd., comprising four floors (with some sections at three floors), constructed with a reinforced concrete frame. The site covers 2,744.07 square meters, while the planned land use totals 6,533.50 square meters. The overall gross floor area amounts to 9,691.08 square meters, including 9,146.08 square meters above ground and 544.18 square meters underground. The development provides six parking spaces, with a building coverage ratio of 42%, a green space ratio of 20%, and a floor area ratio of 1.4%. The architectural design adopts a contemporary Chinese style, balancing the efficiency and simplicity typical of industrial‑oriented headquarters complexes with aesthetic appeal, thereby emphasizing the distinctive character of a headquarters‑based economy.
Wuyishan Zhenghua Bamboo and Wood Products Co., Ltd. is an export-oriented enterprise specializing in the precision processing of tableware and related products. Its main offerings include over 200 varieties of edible bamboo skewers in various specifications and models, as well as more than 150 sets of advanced equipment for the fine processing, sorting, and sterilization of bamboo products. In 2014 and 2015, the company paid taxes totaling RMB 3.159 million and RMB 3.20 million, respectively, achieved output values of RMB 120 million and RMB 190 million, and recorded annual sales revenues exceeding RMB 80 million for two consecutive years. The company also generated over USD 9 million in foreign exchange through exports and provided employment for nearly 300 people. In 2015, it was designated by our city as a pre‑IPO enterprise.
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