Dongfang Yuhong (002271) announced that in order to further enhance the company's market competitiveness and share in the construction field of building repair projects, Yuhong Construction Technology Co., Ltd., a wholly-owned subsidiary of Yuhong Construction Engineering Co., Ltd. The registered capital of the new company is 50 million yuan, and the repair company will contribute with its own funds, accounting for 100% of its total equity.
According to the announcement, Dongfang Yuhong Construction Engineering Co., Ltd. has a registered capital of RMB 50 million and its registered address is No. 88, Dongchang Road, industrial park, Suzhou City, Jiangsu Province. Its business scope includes building waterproof engineering, decoration engineering, repair engineering, reinforcement engineering, sales of building materials, decoration materials, mechanical equipment, technical development and technical services.
According to industry insiders, at present, China has more than 20 billion square meters of existing housing maintenance, annual new 1-1.1 billion square meters of new housing decoration in the secondary decoration, accounting for 30% of the stock of second-hand housing after the transaction of secondary decoration, the volume of up to 10 billion square meters of existing public buildings repair and renovation, to bring a huge market for waterproofing. In China's infrastructure investment growth slowed down, the domestic waterproof industry began to pay attention to the repair and repair and home decoration waterproof field, waterproof enterprises also began to accelerate action. Based on this, Dongfang Yuhong officially set foot in the field of post construction market last year.
Tu noted that, Dongfang Yuhong Building Repair Technology Co., Ltd. was officially established on December 8, last year The company is located in Gusu District, Suzhou, Jiangsu Province, mainly engaged in building waterproof engineering, decoration engineering, repair engineering, reinforcement engineering, sales of building materials, decorative materials, mechanical equipment, technical development and technical services.
Dongfang Yuhong said that in recent years, with the continuous improvement of the living experience of consumers, more and more attention has been paid to the quality of buildings, and building leakage has become one of the important factors affecting the quality and service life of buildings. In order to solve the problem of high leakage rate, in addition to improving waterproof materials and engineering quality, it is also necessary to strengthen in the field of building repair.
Dongfang Yuhong said that at present, the repair and maintenance of existing buildings has formed a large market scale. The company has set up a wholly-owned subsidiary Dongfang Yuhong construction repair technology Co., Ltd., which will rely on the company's brand effect, product research and development, application technology, multi-level market marketing channels and national production capacity layout, integrate existing resources and give full play to the advantages of independent legal person, Enhance the company's business vitality and market competitiveness in the field of renovation, so as to fully grasp the good market prospects and industry opportunities in the field of building repair, and create new profit growth points.
It is understood that the main business scope of Dongfang Yuhong at the current stage is to provide repair, renovation and reinforcement engineering services for various buildings. It mainly includes but is not limited to various industrial plants in the park, office buildings of schools, hospitals, electric power, storage and other systems, the overall housing maintenance project connected by the property company and other engineering repair business fields that can be covered by Party A's engineering qualification. Engineering operations include but are not limited to roofs, external walls, floors, elevator shafts, basements, etc.
Tu Jie noted that after the establishment of Dongfang Yuhong architectural repair company, it has launched the "one hundred cities and one thousand stores" plan, which will open 1000 building repair service centers in more than 200 regions in China. At the beginning of 2018, Dongfang Yuhong quickly responded to its "repair strategy" and comprehensively promoted the layout of "Oriental Yuhong building repair" in China: up to now, Dongfang Yuhong has opened building repair service centers in Suzhou, Zhejiang, Hengshui in Hebei, Changde in Hunan and other cities. In the near future, it will start Jiaxing in Zhejiang, Hefei in Anhui, Jingzhou in Hubei and Shenyang in Liaoning It will be officially opened in cities such as Baoyang, Fujian, Harbin, Jiangsu and Zhangzhou. Meanwhile, more than 30 service centers are in the process of renovation. Boundary paint