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Location: Fu Qing (CHINA, FU JIAN)

Sector: safety glass, industrial technological glass

Official website: http://www.fuyaogroup.com

Key figures:

FuYao Group is a joint venture corporation founded in 1987 in Fuzhou, specialized in production of automotive safety glass and industrial technological glass, and is the first company of the trade in China listed in the Shanghai Stock Exchange in 1993 named FuYao Glass with the share code number 600660.
The group has over 10000 employees and built automotive glass production bases in Fuqing, Changchun, Chongqing, Shanghai, Guangzhou, and Beijing and the modern float glass production bases in Fuqing of Fujian, Shuangliao of Jilin, Tongliao of Inner Mongolia, and Haikou of Hainan, and has established a complete production and sales network across the country.

The total assets have accrued from 6.27 million RMB when registered in 1987 to 9.0 billion RMB of the present. It is a transnational company with business offices in America, Japan, Korea, Australia, Russian, Germany, West Europe, and East Europe, etc. The company?s annual revenue achieved 8.51 billion RMB in 2010, increasing 39.92% compared with the same period of 2009. The annual profit was more than 1.78 billion RMB, increasing 60.05%.

In the future, FuYao Group will keep updating technologies and developing the upstream and downstream industrial chain centered on the automobile glass so as to make FuYao Group into a modernized and internationalized large corporation with the capacity to design, develop and self-supply materials.

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