rongsheng nigeria brands

In order to follow the development of times and to response to the national policy of “ The Belt and Road Initiative”,Fujian Rongsheng have successfully set up a lot of projects in the domestic as well as other countries like Indonesia, Malaysia, Singapore, Nigeria and Saudi Arabia and so on. Such as Dongguan Jinwei traditional Industrial Park, Dongguan Boqi Industrial ltd, Jiangxi Bopai Luggage Industrial Park, Fujian Bosheng Creative Industrial park, Indonesia Luggage Ltd, Nigeria Yanuo Industry LTD, Nigeria Time Ceramics Ltd, Nigeria Rongsheng Glass ltd,Nigeria Rongtai Aluminum Ltd, Nigeria Rongtai Wood Ltd, Pakistan Times Ceramics Ltd, Jisheng International Ceramic Company in Jordan, Bunyan in Industrial Ltd in Saudi Arabia, and other enterprises. Among of them,Nigeria and Saudi Arabia are the important development areas..

Since 2009, we have invested more than six hundred million dollars in African countries, and has successfully set up enterprises such as Rongsheng Glass, Rongtai Aluminum, Rongtai Wood and Time Ceramics and others in Nigeria. In order to provide an ideal and comfortable working and living environment for overseas Chinese, Fujian Rongsheng has invested a huge amount of money to build the largest, most beautiful and most well-equipped Rongtai Industrial Park in Nigeria, which has also attracted many other enterprises to settle there. Today, Fujian Rongsheng has become a bridge linking investment and economic construction of Chinese and African enterprises.

In 2021, Fujian Rongsheng started to invest in the Middle East, and has invested more than two hundred million dollars to establish Bunyang Industrial Ltd so far. in Alkaj Industrial Park of Riyadh, the capital of Saudi Arabia. We uses its advantages of high production capacity, stable quality and variety to provide high-quality ceramic products to customers in the Gulf Region.

Rongsheng Group Nigeria limited is registered in Benin City, Edo State in 2016. It is who1ly-owned by Rongsheng investment co. limited, the Chinese large-scale multinational group, and is registered at China National Development and Reform Commission, the Ministry of Commerce, State Administration of Foreign Exchange. His registered capita1 is rnore than 200 million US do1lars and first phase of land area is 915000 square meters.。

Rongtai Aluminum (Nigeria) Co., Ltd specialize in manufacturing all sorts of aluminum profiles, including building aluminum profiles and industrial aluminum profiles. Located in Benin City, Edo State, Nigeria, we have the geological advantage of convenient transportation and business center.

Being a branch of Rongsheng Group Investment Co., Ltd, Rongtai Aluminum was established in October, 2017. Currently the product manufactured by Rongsheng Group Investment Co., Ltd has been renowned not only in Nigerian market, but also in the whole African market, of which includes Time Ceramics, RS Glass, Rongtai Aluminum, etc.

As a large-scale Chinese investment group company in Nigeria, Rongtai also has a rather complete and mature quality control system to make sure that each batch of the profile is above the international standard so that we can meet the satisfaction of every end user. Following the slogan “Rongtai Aluminum, Great Aluminum”, we deem quality as the lifeline to our development. To guarantee the high quality of our product, we import high quality billet and ingot, as well as the high-class coating powder. Moreover, conducted by experienced and professional technicians, our testing lab covers hardness test, coating adhesion test, tensile test, etc.

Rongtai started mass production in April, 2018, and more than 60% of Nigerian market share has been taken within one year. Our main distributors have established and maintained a stable and reliable relationship since the beginning of the foundation. With the common goal and strong belief we share with our long-term cooperators, we have full confidence and faith to make “ Rongtai” to be not only a leader in aluminum industry, but also a renowned brand across the whole Africa.

.With an experience of more than 2 years production and sales in Nigerian market, currently we made an expansion on the extrusion machine in the production department starting from the month of February 2020. Two additional extrusion machines has been assembled and installed, with a total extra output of 600 tons being expected.

Due to the increase in machine in the company, more than 55 top experienced technical engineers and about 300 local staff are employed in order to ensure the best quality of our product and to easily spread our product to every part of Nigeria.

SHANGHAI, March 5 (Reuters) - China Rongsheng said it had scrapped a warrant issue that would have given the heavily indebted shipbuilder a HK$3 billion ($416 million) cash lifeline after it was unable to contact the offer’s only subscriber.

Rongsheng’s shares fell as much as 8.1 percent in early Thursday trade, after it said it would no longer issue HK$510 million worth of warrants to Kingwin Victory Investment Ltd, a Cayman Islands-incorporated investment firm.

In a stock exchange filing, Rongsheng said it had scrapped the issue as it could not contact Kingwin’s owner Wang Ping after media reports said he had been detained by the Beijing police for matters not related to Rongsheng.

“The company has no information as to the details of the incident and has been unable to contact Mr. Wang Ping, which casts doubt over the ability of the subscriber to perform its obligations,” Rongsheng said.

Rongsheng, one of China’s largest shipbuilders, was gearing to move into oil exploration and change its name after becoming one of the most prolific casualties of the global shipping slump. It came close to insolvency in 2013 before agreeing with banks to extend its loans until the end of this year.

The warrant issue that Rongsheng had agreed with Kingwin in October would have entitled subscribers to buy up to 1.7 billion new shares at HK$1.60 each.

This would have raised about HK$3.23 billion for Rongsheng, the firm said at the time. A warrant entitles the holder to buy stock from the issuer at a specific price within a time frame. ($1 = 7.7552 Hong Kong dollars) (Reporting by Brenda Goh; Editing by Miral Fahmy)

HONG KONG, Nov 26 (Reuters) - China Rongsheng Heavy Industries Group, the country’s largest private shipbuilder, said its chairman had stepped down just three months after the company posted its sharpest fall in half-year net profit.

Listed in November 2010, Rongsheng was hit by an insider dealing scandal involving a firm owned by Zhang ahead of the $15.1 billion bid for Canadian oil firm Nexen Inc by China offshore oil and gas producer CNOOC.

Rongsheng said earlier this month that investment firm Well Advantage, controlled by Zhang, had agreed to pay $14 million as part of a settlement deal with the U.S. Securities and Exchange Commission (SEC).

In August, Rongsheng posted an 82 percent drop in half-year profit on a dearth of new orders and warned economic uncertainties would continue to weigh on the global shipping market.

As part of the changes at China Rongsheng, the company said that Zhang De Huang was retiring and had resigned as an executive director and as vice chairman of the board.

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Samuel Ajiboyede, the co-founder of the service, speaking at the official signing of a n MOU with Tricycle Owners and Operators Association of Nigeria, TOOAN, said the partnership btw Matattu and the tricycle operators would bring about a seamless business operation in the state.

Nigeria Glass Group is registered in 2016,and is the greatest manufacturer in its own range in the Western Africa, which producing different kinds of glass through float process with thickness range of 3mm to 12mm.

Rongsheng Petrochemical (brand value up 43% to US$2.3 billion) achieved very strong growth this year, rising two places in the chemicals ranking and jumping from 10th to 8th place amongst global chemicals brands. The Chinese brand owns various globally significant facilities, including an integrated refining-petrochemical complex with the refining capacity of 40 million tons per annum.

Some of the major players operating in the flat glass coatings market report are Arkema, FENZI and Sherwin-Williams Company, Architectural Glass, AVIC Sanxin Co., Ltd., DIAMON-FUSION INTERNATIONAL, Tribos Coatings, Emirates Float Glass LLC, Phoenicia Flat Glass Industries Ltd, Vitro, Rongsheng Glass Nigeria Limited, BOLOUR SHISHEH TABAN CO., SunGuard, NIPPONPAINT, Hesse, EMERGE GLASS INDIA PVT. LTD., Interglass Flat Glass Factory, Bangkok Glass Plc/ BGF Kabinburi Glass, VASA among other domestic and others.

Arkema, FENZI and Sherwin-Williams Company, Architectural Glass, AVIC Sanxin Co., Ltd., DIAMON-FUSION INTERNATIONAL, Tribos Coatings, Emirates Float Glass LLC, Phoenicia Flat Glass Industries Ltd, Vitro, Rongsheng Glass Nigeria Limited, BOLOUR SHISHEH TABAN CO., SunGuard, NIPPONPAINT, Hesse, EMERGE GLASS INDIA PVT. LTD., Interglass Flat Glass Factory, Bangkok Glass Plc/ BGF Kabinburi Glass, VASA among other domestic and others.