The Early Years
Founded in 1993 with an investment of RMB 300,000, the company’s occupied area is 6,000 square meters, and the number of employee is 36 rotary cutting poplar veneer is the main product 。The annual turnover is around RMB 3,000,000
The Formative Years
In 1997, Xuzhou FuHua Wood Co.,Ltd was founded with the investment of RMB8,000,000, covering 33,000 square meters and owning more than 300 employees. In this year, the production capacity including film faced plywood, commercial plywood and blockboard, reached to 10,000 cubic meters. The yearly output value was added to RMB 40,000,000.
The Growth Years
In the year of 2000, RMB 50,000,000 was invested to enlarge the factory to 70, 000
square meters. And the number of employees was increased to 600. At this time, we
annually offer 10, 000 cubic meters fancy plywood and 30,000 cubic meters other
plywood. The annual turnover rises to RMB 150,000,000
The growth period
With an investment of 120 million yuan, Xuzhou Shenghe (Sterling Pacific)Wood Co., Ltd was founded,which covered 133,000 square meters. It annually produces 800,000 square meters engineered wood flooring, 25,000 cubic meters fancy plywood,100,000 cubic meters film faced plywood and 5,000 cubic meters other special plywood. The annual output value is up to RMB 4,000,000,000.
2011 - Today
With an investment of 150 million yuan, the company is covered 300,000 square meters. It annually produces 400,000 cubic meters kitchen cabinet, 800,000 square meters engineered wooden flooring, 25,000 cubic meters fancy plywood,100,000 cubic meters film faced plywood and 5,000 cubic meters other special plywood. The annual output value is up to RMB 600 million.