Hunan Xiangjiang coatings sales are expected to reach 2.7 billion yuan in 2014, up 10%

Reporters from an industry source was informed that Hunan Xiangjiang
Coatings
Group Co., Ltd. in 2014 sales are expected to achieve about 10% growth, reaching about 2.7 billion yuan. The Group's 2007-2013 sales were RMB1.1 billion, RMB1.230 billion, RMB1.485 billion, RMB2,023 million, RMB2.166 billion, RMB2.231 billion and RMB2.455 billion, respectively.
Reporters learned that Xiangjiang Group's sales revenue consists of three parts, including the joint venture Hunan Xiangjiang Guanxi Coatings Co., Ltd., Xiangjiang Coatings Group and Zhengzhou Double Tower Coatings, of which the largest sales contribution in Xiangjiang Guanxi coatings, to 2010 as an example, Xiangjiang Guanxi coatings sales revenue of 1.5 billion yuan in 2010, while Xiangjiang Coatings Group's sales revenue is only 500 million yuan, Zhengzhou Double Tower Coatings sales revenue of only 100 million yuan.
Xiangjiang paint, formerly known as Hunan paint factory, was founded in April 1950, the same year was completed on December 20, the name of the company chemical plant, Hunan Province became the earliest and largest
coating enterprises
In 1951 changed its name to Xiangjiang Chemical Plant, in 1952 it was changed to Jianxiang
Passing
Ink Factory, in 1954 it was renamed Jianxiang
Paint Factory
, in April 1968, the new Name Hunan Paint Factory was opened, and in 1997, it was transformed from Hunan Paint Factory into a wholly state-owned company, and changed its name to Hunan Xiangjiang Paint Group Co., Ltd. In 2000, the state-owned sole proprietorship company was transformed into a limited liability company with diversified property rights; In 2005 in the form of a wholist acquisition of Zhengzhou Twin Towers Coatings Co., Ltd.
Group's largest holding subsidiary Hunan Xiangjiang Kansi Coatings Co., Ltd., established in 1995, with Japan Kansi Coatings Co., Ltd., the company is currently the most complete range of original automotive paint suppliers, for more than 80 well-known domestic automobile manufacturers to provide services, with more than 200 substrate, medium and paint coating lines. In 2012, sales of nearly 80,000 tons, sales of 1.6 billion yuan.
For more than 60 years, the company has been committed to resin, coating product research and development, functional support and construction applications, especially in
automotive coatings
,
industrial coatings
, special coatings and civil decorative coatings, coating resins and other fields of product and technology systems continue to improve and upgrade, applications and services continue to follow up and upgrade, forming a core competitiveness and industry product advantages. At present, Xiangjiang coating products cover 18 categories of national standards, varieties of more than 1000 colors, widely used in automobiles, aircraft, ships, heavy industrial machinery, production equipment, port terminals, petrochemicals, power facilities, communications equipment, transportation facilities, building waterproofing, decorative furniture and interior decoration, military, special coating and other fields.
Group is China's top ten paint enterprises, the national industrial brand cultivation demonstration enterprises, national high-tech enterprises, Hunan Province's largest paint production base, Hunan Province's top 100 enterprises, "Changsha Industry Top 30" enterprises, Changsha City's top ten landmark project leading enterprises, the top ten outstanding contribution enterprises, Changsha City profits and taxes, profits and taxes over 100 million yuan enterprises.