Koshun shares Jingmen base put into operation, by 2022 to achieve revenue of more than 10 billion goals.

On August 17, Jingmen Koshun New Materials Co., Ltd., located in Jingmen Chemical Cycle Industrial Park in Hubei Province, was completed and put into operation.
day, The opening ceremony of the 10 billion strategic announcement of Koshun shares and the inauguration of Jingmen production base was held in Jing, and the koshun share meeting released the 10 billion strategy of Koshun: through three years of efforts, to achieve revenue of more than 10 billion yuan in 2022. fang Yong, president of
Koshun AG, said that since 2013, Koshun shares have grown at a compound annual growth rate of more than 30%, and in 2018, The main board of Koshun was listed, with the empowerment of capital, Koshun's revenue has grown by more than 40% annually, reaching 4.65 billion yuan in 2019.
is now set to reach an important milestone, a $10 billion strategy, with a three-year period.
's $10 billion strategy consists of three objectives: "revenue breaks 10 billion over three years, channel direct operations account for 50% each, and cash flow continues to be positive".
FangYong said that in the past development process, the majority of customers focus on the real estate industry, the next Step Koshun waterproof will enter the construction sector in addition to real estate, including high-speed rail, bridges, tunnels and underground projects, will also work with urban partners and distributors with more resources, together with 10 billion goals to achieve the goal early, and give more help to core dealers, so this also needs Koshun waterproof annual cash flow must continue to be positive, which is essential for enterprise development.
, the production base of Koshun Jingmen was completed and put into operation.
It is learned that the total investment of the base is about 1.5 billion yuan, land area of about 300 acres, the project was completed up to 2.5-30 billion yuan annual output value after the birth, the estimated annual tax revenue of 120 million yuan, is currently the largest production scale, the most extensive radiation range, the highest level of equipment factory.
It is learned that the base project is divided into three phases of construction, including the first and second phase of the project waterproof coils and polymer materials project, a total investment of 1 billion yuan, covers an area of 200 acres, has been completed and put into operation, can achieve an annual output value of 1.7 billion yuan, tax revenue of 70 million yuan;
meeting, Koshun shares also released the Koshun repair brand.
Xu Weiyi, vice president of The People's Construction Group, said that China's stock market is huge, but demand has not been released, this year the country's old reform guidance issued, the four major banks have been injected into the capital, regardless of capital, residents initiative are guaranteed, repair and old reform market is a blue sea.
as one of the important strategic layout actions of the 10 billion yuan, the company will rely on the product line of the Koshun waterproof system and more than 20 years of accumulated experience in waterproofing services to create standardized, high-quality repair.
future, we will continue to improve the quality of products and services, improve standardized processes, actively expand the market, for the Science and Technology Billion strategy to provide new growth points.
founded in 1996 and listed on the Shenzhen Stock Exchange on January 25, 2018, the company is mainly engaged in the research and development, production, sale and provision of waterproof engineering construction services, covering waterproof materials, mortar materials, sealing materials, drainage materials, four categories, in Foshan, Kunshan, Chongqing, Texas, Anshan, Nantong, Jingmen, Guangxi, Fujian and other places have production bases (including proposed or under construction).
revenue of 4.651 billion yuan in 2019.
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