Shandong Hiking International Co.,Ltd.
Summary
Revenue :
000,000 M USD
Finance :
000,000 M USD
Earning Cap :
000,000 M USD
Invest :
000,000 M USD
R & D :
0000 People
Growth :
00% AGR
DIGDAL CAP
Overview
| General Introduction | Shandong Xinhua Jin International Co., Ltd. (formerly known as "Shandong Lanling Chenxiang Liquor Industry Co., Ltd.") was established on November 28, 1993. On July 26, 1996, with the approval of the China Securities Regulatory Commission, the company's public shares were listed and traded on the Shanghai Stock Exchange under the stock code 600735. In 2007, after the restructuring of Shandong Lujin Import and Export Group Co., Ltd. (hereinafter referred to as "Lujin Group"), the company name was changed from "Shandong Lanling Chenxiang Liquor Industry Co., Ltd." (stock abbreviation: Lanling Chenxiang) to Shandong Xinhua Jin International Co., Ltd. (hereinafter referred to as "the company"), stock code: Xinhua Jin. In February 2012, the registered address of the company moved from Linyi City, Shandong Province to Laoshan District, Qingdao City. In November 2012, the company completed a major asset restructuring of its domestic and foreign hair products business, which allowed it to increase its high-end hair products business on top of its main business of exporting needle textiles and processing and selling tin materials. At present, the hair products business has become the main source of profit for the company. According to the 2013 annual report, the company had a sales revenue of 1.340 billion yuan, total assets of 896 million yuan, net assets of 587 million yuan, and net profit attributable to shareholders of 45.8704 million yuan (consolidated statement). The company will support its performance in the traditional industries of hair products and textiles, while also developing new metal material businesses such as high-tech welding materials. In the development of traditional business in hair products and textiles, the company will adhere to the strategy of specialization and forward integration, actively carry out new mergers and acquisitions, continuously extend the industrial chain, enhance core competitiveness, and expand market share. The company will leverage the capital market platform and resource allocation function to carry out multi-level and suitable investment and financing activities for enterprise development needs, and fully utilize the relevant policies of the country to encourage capital mergers and acquisitions, accelerate the pace of absorbing high-quality assets, optimize industrial layout, improve asset quality and profitability of main business, expand scale, strengthen strength, and make the enterprise stronger, larger, and better. |
| Headquarter | Qingdao |
| Establish Date | 11/28/1993 |
| Listed Code | 600735.SH |
| Listed Date | 7/26/1996 |
| Chairman | Zhang Hang. |
| CEO | Meng Zhaojie. |
| Website | www.hikinginternational.com |
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