echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Coatings News > Paints and Coatings Market > The first "Three Trees" of civil coatings landed on the A-share market

    The first "Three Trees" of civil coatings landed on the A-share market

    • Last Update: 2021-07-24
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

     



    Global Coatings Network News:


    Sankeshu Coatings Co.
    , Ltd.
    (603737), the first domestic manufacturer of civil coatings, officially landed on the A-share market today.



    Global Coatings Network News:

      Sankeshu is mainly engaged in the research and development, production and sales of architectural coatings (wall coatings), wood coatings and adhesives.
    In 2015, the company's operating income was 1.
    52 billion yuan and net profit was 116 million yuan.
    Three Trees adheres to the strategy of "Capital × Brand × Culture × Talent" and has been selected as China's 500 Most Valuable Brands for nine consecutive times.
    Its brand value has soared from 1.
    3 million yuan in 2003 to 12.
    5 billion yuan in 2016.

      Sankeshu formulated the development strategy of "encircling the city from the countryside" and "entering the top 100 real estate".
    The company's standard decoration paint stores increased from 1,583 in 2013 to 2,600 in 2015, with an average annual compound growth rate of 28.
    16.
    %.
    At present, the company has nearly 20,000 outlets nationwide, and its products have become the first choice of the top 100 real estate brands such as Evergrande, Vanke, Greenland, Poly, and China Shipping.
    In 2016, SanTrees continued to increase its marketing efforts.
    In addition to launching the latest store in collaboration with the top German design team, it also launched 7 "Health+" series products that refreshed five new health standards.
    In addition, "Live Now" Project services and "O2O" e-commerce platforms have also been fully rolled out.

      The chairman of the company Hong Jie said, "Don't forget the original intention, and always have the end.
    " The competitiveness of Sankeshu lies in the ecological culture, the green brand, and the high-quality products and reliable services.
    Three Trees officially entered the capital market, and while accepting challenges, it will also gather more and better development resources to provide people with more good products and services.

      Sankeshu issued 25 million shares this time at an issue price of 15.
    94 yuan per share, and raised 335 million yuan of funds for the expansion of 80,000 tons of water-based paint, technical center expansion and marketing service network construction projects.
    After listing, the company strives to become the leading brand in the domestic coatings market in third- and fourth-tier cities, among the leading brands in the coating market in first- and second-tier cities, and finally achieve the goal of becoming a benchmark enterprise in the domestic coating industry to produce healthy coating products.
    (Source: Global Coatings Network) (For more information, please log in: Global Coatings Network
    http:// )

    http://  

     

     

    Related Articles

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent Echemi's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.