Guangming Group Furniture Co., Company Profile - Aug 04, 2011

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Guangming Group Furniture Co.,  Company Profile - Aug 04, 2011 Powered By Docstoc
					Company Fundamentals\Company Profile

   A Wright Investors' Service Research Report:

   Guangming Group Furniture Co., Ltd.
                                                                                      440 Wheelers Farms Road
                                                                                      Milford, CT 06461 U.S.A.


  COMPANY PROFILE
  Figures in Chinese Renmimbi

                                 Wright Quality Rating:CCNN                               Key Data

   Guangming Group Furniture Co.,Ltd. is principally engaged in the processing,           Ticker:
   manufacture and distribution of wooden furniture and decorative materials. The         000587
   Company is also involved in information consulting business and decoration business,
   as well as the provision of chemical products. The Company's major products include    2010 Sales:
   solid wood furniture and flat panel furniture. The Company operates its business in
                                                                                          126,537,000
   domestic markets and to overseas markets. As of December 31, 2009, the Company
   had seven major subsidiaries. During the year ended December 31, 2009, the
   Company transferred 100% equity of one wholly owned subsidiary to an investment        Major Industry:
   company.                                                                               Miscellaneous
                             Stock Chart                                 Officers
                                                                        Chairman          Sub Industry:
                                                                       Zhongwen Ma        Furnishings

                                                                      Vice Chairman       Country:
                                                                         Ling Jiang       China

                                                                                          Currency:
                                                                                          Chinese Renmimbi

                                                                                          Fiscal Year Ends:
                                                                                          December

                                                                                          Employees
                                                                                          1,110

                                                                                          Exchanges:
                                                                                          SZN

                  Stock Price (6/21/2011): 15.90                                          Share Type:
                     Recent stock performance
                                                                                          A Gu
                           1 Week     %
                           4 Weeks    %
                           13 Weeks %                                                     Market Capitalization:
                           52 Weeks %                               
				
DOCUMENT INFO
Description: Guangming Group Furniture Co.,Ltd. is principally engaged in the processing, manufacture and distribution of wooden furniture and decorative materials. The Company is also involved in information consulting business and decoration business, as well as the provision of chemical products. The Company's major products include solid wood furniture and flat panel furniture. The Company operates its business in domestic markets and to overseas markets. As of December 31, 2009, the Company had seven major subsidiaries. During the year ended December 31, 2009, the Company transferred 100% equity of one wholly owned subsidiary to an investment company.
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