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Change of Registered Office

17 Sep 2014 16:50

RNS Number : 9648R
Jiasen International Holdings Ltd
17 September 2014
 

17 September 2014

 

JIASEN INTERNATIONAL HOLDINGS LIMITED

嘉森國際控股有限公司

Change of Registered Office

 

 

Jiasen International Holdings Limited ("Jiasen" or the "Group") announces that it has changed its registered office to Commerce House, Wickhams Cay 1, P. O. Box 3140, Road Town, Tortola, VG1110, British Virgin Islands with immediate effect.

 

For further information, please visit www.jsih.net or contact:

Jiasen International Holdings Limited

Tan Kian

 

+86 18016603993 

Cairn Financial Advisers LLP

(Nominated Adviser)

Jo Turner

Liam Murray

 

+44 (0)20 7148 7900

Hume Capital Securities plc

(Broker)

Guy Peters

Abigail Wayne

+44 (0)20 3693 1470

 

Cardew Group

Shan Shan Willenbrock

David Roach

Lauren Foster

+44 (0)20 7930 0777

 

Notes to Editors

 

· Jiasen (PRC) was established in 2001 and is based in Quanzhou City, Fujian province, located in south-eastern China. Its products are sold and marketed under the 'Fuyou' brand and produced in its 83,000 sqm factory in Nan'an City, Fujian province by its workforce of more than 1,400 employees. According to Euromonitor International Limited, Jiasen PRC, ranked first in terms of manufacturer sales value for the year ended 31 December 2012 within the high-end solid wooden doors segment in China, with an estimated market share of 6.1%.

 

· The Group's main products include doors, wall panels and assorted fixtures, such as fitted wardrobes, cupboards and skirting boards, and furniture which are sold principally to property development projects, through branded 'Fuyou' retail stores and to export markets to retailers such as B&Q in the UK. The Group's products are sold in three main segments: residential and property development projects, wholesale and export.

 

· In FY13, the Directors estimate the Group sold in excess of 300,000 solid wooden doors, fixture items and furniture pieces and generated Group revenue of RMB 782.8million (circa £77.2million) and net profit after tax of RMB 177.8million (circa £17.5 million).

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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