UE Furniture 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 | Yongyi Furniture Co., Ltd. is a high-tech enterprise specializing in the research and development, production, and sales of health seats. Its products mainly involve office chairs, massage chairs, sofas, and functional seat accessories. It is currently one of the largest providers of sitting health systems in China. On January 23, 2015, the company was listed on the main board of the Shanghai Stock Exchange (referred to as "Yongyi Shares" with stock code 603600). The company was established in 2001 and is located in Anji County, Zhejiang Province, the "hometown of China's chair industry". After more than ten years of rapid and stable development, the company has a registered capital of over 300 million yuan, more than 7000 employees, and four major production bases at home and abroad. In 2021, it was rated as a "Golden Bull" enterprise and a major taxpayer in Huzhou City. Our products are highly favored by consumers both domestically and internationally, with markets covering over 70 countries and regions. We have established long-term strategic partnerships with well-known buyers, retailers, and brand merchants both domestically and internationally. Including Bureaucrat and Klaussner from Russia, Performance from Canada, NITORI from Japan, Staples and OfficeDepotMax from the Fortune 500, as well as globally renowned brands HON (USA) and ITOKI (Japan). The company is one of the drafting units of the national office chair industry standard, one of the first batch of national high-tech enterprises in the industry, a vice chairman unit of the China Furniture Association, the first chairman unit of the Zhejiang Chair Industry Association, a national intellectual property demonstration enterprise, a national green factory, a national industrial product green design demonstration enterprise, a national green supply chain management enterprise, a Chinese quality and integrity enterprise, and an advanced enterprise serving the G20 Hangzhou Summit Leading enterprise in the furniture industry in Zhejiang Province; At the same time, the company has a national industrial design center, the first provincial key enterprise research institute in the industry, a provincial-level high-tech enterprise research and development center, and a provincial-level enterprise technology center. It has won enterprise honors such as the Huzhou Municipal Government Quality Award, as well as numerous product honors such as the China Appearance Design Excellence Award, the China Light Industry Excellent Design Gold Award, the German IF Design Award, the Red Dot Best Design Award, and the German Design Award. In terms of internal management, the company has always pursued excellent performance, strictly implementing ISO9001, ISO14001, and ISO45001 management system standards and obtaining certification. The company always adheres to technological innovation as the driving force for enterprise development, and invests 3% of its annual sales revenue in research and development innovation. It has successively cooperated with higher education institutions such as Zhejiang University and Hunan University to establish an innovation center, which is the "Zhejiang University Graduate Professional Degree Education Practice Base". The company has long collaborated closely with top experts and design teams from developed countries such as the United States, Germany, Japan, and South Korea to research ergonomics, develop key technologies for healthy seating, and continuously integrate health technology into the seating industry. In terms of technological innovation, the company takes the creation of a national level enterprise technology center and the Yongyi Health Seat Enterprise Research Institute as platforms, continuously improves the innovation incentive mechanism, introduces and cultivates innovative talents, and continuously promotes the transformation of innovative achievements. At present, the company has applied for a total of 1030 patents, leading the industry. At previous international furniture exhibitions, the company's excellent design and manufacturing processes have won various awards such as the "Invention and Entrepreneurship Award · Project Award" Gold Award, Best Function Award, Appearance Design Award, and Best Manufacturing Award. The company always adheres to product quality as the cornerstone of enterprise development. The company's products comply with the testing standards of ANSI/BIFMA5.1 in the United States, EN1335, EN12520, EN1728, EN1022 in Europe, and meet the national office chair industry standards of QB/T2280-2007. They have passed the standard tests of third-party global authoritative institutions such as BV, TUV, SGS, UL, and have also obtained the GREENGUARD green product certification in the United States. The company has the largest enterprise testing center in the seat industry with the most complete testing equipment, and has been recognized by a national CNAS certified testing and calibration laboratory. It is also an international authoritative testing agency, the TUV Rheinland Group manufacturer's on-site testing laboratory. Strictly control the quality of all links from raw materials, semi-finished products to finished products, and effectively achieve prevention first. The company comprehensively promotes lean manufacturing and vigorously promotes machine replacement to improve automation level, improve production efficiency, and save production costs. In terms of quality control, it adopts FMEA, SOP, CTQ, FPY, and other means to comprehensively improve and ensure excellent performance of product quality. It has become a demonstration unit of "machine replacement" in Anji County and a fine management demonstration enterprise in Zhejiang Province. The office chair production line has been designated as a benchmark production line by Fortune 500 customers in the industry.Since its establishment, the company has always adhered to the core values of "achieving customers, being honest and responsible, valuing quality, daring to innovate, and being able to improve", and adhered to the business philosophy of "always new, art perfect". We continue to provide customers with satisfactory products and reliable services, continuously consolidate and improve the company's leading position in the industry, and establish an excellent image of "Brand Eternal Art" in the industry. In the new development stage, the company will make consumers more aware of healthy seats, with the mission of "integrating technology and art, making work and life healthier", and the platform of "Yongyi Green Seat Key Enterprise Research Institute", continuously strengthening research and development innovation, and continuously improving the scientific and technological level of healthy seats; Continue to promote lean manufacturing and continuously strengthen our comprehensive ability to provide high-quality products; Integrate resources from all parties, vigorously promote business model innovation and management model innovation, and strive to become a leading global provider of sitting health systems. |
| Headquarter | Huzhou |
| Establish Date | 4/27/2001 |
| Listed Code | 603600.SH |
| Listed Date | 1/23/2015 |
| Chairman | Zhang Jiayong. |
| CEO | Zhang Jiayong. |
| Website | www.uechairs.cn |
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