rongsheng investment factory

ng Investment Co., Ltd is a large international group company, which is established with the approval of the National Development and Reform Commission and related departments. It is engaged in the production of import and export business of industry、 energy resources、mineral resources and other fields.

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.

HONG KONG (Reuters) - Jiangsu Rongsheng Heavy Industries Co Ltd has appointed Morgan Stanleyand JP Morganto finalize plans for its long-awaited IPO in Hong Kong, aiming to raise up to $1.5 billion in the fourth quarter, sources told Reuters on Tuesday.

This is Rongsheng’s latest bid to go public after it failed to raise more than $2 billion from a planned IPO in Hong Kong in 2008, mainly as a result of the global financial crisis.

Rongsheng"s early main shareholders included an Asia investment arm of Goldman Sachs, U.S. hedge fund D.E. Shaw and New Horizon, a China fund founded by the son of Chinese Premier Wen Jiabao.

The three investors sold off their stakes in Rongsheng for a profit early this year, said the sources familiar with the situation. Representatives for the banks, funds and Rongsheng all declined to comment.

Rongsheng’s revived IPO plan comes at a challenging time. Smaller domestic rival, New Century Shipbuilding, slashed its Singapore IPO in half last week, planning to raise up to $560 million from the originally planned $1.24 billion due to weak market conditions.

Given uncertainty in the global shipbuilding business environment as well as growing concerns over a huge flow of fund-raising events in Hong Kong, investment bankers suggest the potential size for Rongsheng could be $1 billion to $1.5 billion, according to the sources.

Rongsheng is seeking to tap capital markets to fund fast growth and aims to catch up with bigger state-owned rivals such as Guangzhou Shipyard International Co Ltd.

Rongsheng won a $484 million deal to build four ships for Oman Shipping Co last year. The vessels would carry exports from an iron ore pellet plant in northern Oman which is expected to begin production in the second half of 2010.

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.

On January 4, 2022, Rongsheng Environmental Protection and Quanjiao County Government of Anhui Province signed a strategic cooperation framework agreement, planning to invest in the construction of an annual production of 1.3 million tons of recycled environmentally friendly paper and new energy comprehensive utilization projects, with a total investment of about 10.5 billion yuan. The construction content includes an annual output of 1.3 million tons of recycled environmentally friendly paper, biomass heat and power cogeneration (an annual processing of 500,000 tons of straw), photovoltaic product R&D and manufacturing, 1GW distributed photovoltaic power station and other operations and management, and supporting the comprehensive utilization of industrial solid waste resources Projects, environmental protection water treatment projects.

Secretary of the Municipal Party Committee Xu Jiwei, Deputy Secretary of the Municipal Party Committee and Mayor Wu Jin, Director of the Municipal People’s Congress Standing Committee Wang Tuqiang, Member of the Municipal Party Group Liu Maosong and Quanjiao County Party Secretary Yang Guang, Deputy Secretary of the County Party Committee and County Mayor Tang Yu; Zhejiang Rongsheng Environmental Paper Co., Ltd. The chairman and general manager Feng Ronghua of the company attended the signing ceremony and witnessed the signing together.

During the meeting, Xu Jiwei extended a warm welcome to Rong Sheng Lai Chu Investment. He said that in recent years, Chuzhou has implemented the new development concept, promoted high-quality development, and unswervingly carried out the "double recruitment and double introduction", attracting a number of large-scale investment projects, high-tech content, and strong traction driving force. . This project is in line with the dual-carbon development goal of "carbon peak and carbon neutrality". It is the first tens of billions project to settle in Chuzhou in 2022, and it is a project for the transformation and upgrading of traditional industries. At the same time, it helped Quanjiao to realize the green development requirements of "green water and green mountains are golden mountains and silver mountains". The settlement of the project in Chuzhou is also a wise choice for enterprises to seize the outlets, seize the industry layout, and enhance the market share and competitiveness of their products. The cooperation between the two parties is bound to be a win-win move. It is hoped that after the project is implemented, the construction progress will be accelerated according to the time node. The city and county levels will provide a full range of "nanny-style" services, and go all out to promote the early start of the project, early completion, early production, and early production, and jointly build the project A landmark project in Chuzhou"s new energy industry.

Feng Ronghua said that standing on a new journey and a new starting point, Rong Sheng came to investigate with his dreams. Chuzhou has a good development trend. Quanjiao is a land full of vigor and great potential for development; Rong Sheng invests with his feelings, Quanjiao With a superior investment environment, the business environment service brand of "Ting Satisfaction and Full Comfort" has strengthened Rongsheng"s confidence in investment and development. This project is settled in Quanjiao, Rongsheng people will be political, keep the original aspiration, adhere to green and low-carbon development; emphasize responsibility, strive to be the first, adhere to digital and intelligent development; emphasize innovation, create brand, adhere to high-level, high-quality development , To contribute to the promotion of local economic development Rongsheng strength! This investment project aims to use the "three wastes" as resources to create green GDP, namely: urban domestic sewage is used as the company"s production water; waste paper is used as the company"s raw material for paper; and waste straw and tree branches are used as central heating energy materials. Rongsheng people have always adhered to the corporate culture of "the soul of the army helps the enterprise, the talents develop the enterprise, and the party builds a strong enterprise", adheres to the people-oriented approach, and contributes to the high-quality development of the enterprise.

Zhejiang Rongsheng Environmental Paper Co., Ltd. was founded in 1980 and successfully logged on the main board of the Shanghai Stock Exchange in 2017. In 2019, China"s listed companies ranked 52 in terms of comprehensive competitiveness. After more than 40 years of development, five major sectors have been formed: ecological papermaking, environmentally friendly thermal power, green packaging, industrial investment, and new energy and new materials. The main products are high-grade kraft linerboard, high-strength corrugated paper, high-density paperboard, e-commerce paperboard, functional carton, electricity, steam, etc. The annual production capacity of ecological paper is 600,000 tons; the annual production of green packaging is 150 million square meters of cardboard. Introduce high-end talents at home and abroad, actively carry out technical cooperation with Zhejiang University, Zhejiang University of Science and Technology, Shaanxi University of Science and Technology, and explore the establishment of a production-university-research system. There are more than 100 authorized patents, and it has successively obtained national-level green factories and Zhejiang Province Advanced unit of platoon work, Zhejiang Industrial Circular Economy Demonstration Enterprise, Zhejiang Papermaking Quality and Credit Double Excellent Enterprise, Top Ten Excellent Enterprise of Jiaxing City Listed Company. The chairman of the company Feng Ronghua is a leading talent in science and technology entrepreneurship under the National "Ten Thousand Talents Plan". He serves as the vice chairman of the fourth council of the Paper Chamber of Commerce of the All-China Federation of Industry and Commerce, the standing director of the China Paper Association, and the standing director of the Zhejiang Paper Association (Society). Star entrepreneurs in Pinghu City, meritorious entrepreneurs in Pinghu City. Editor/Sang Xiaomei

Image: The agreement was signed by His Excellency Dr. Sultan Al Jaber, UAE Minister of State and ADNOC Group CEO, and Li Shuirong, Chairman of Rongsheng Group. Photo: courtesy of Abu Dhabi National Oil Company.

The Abu Dhabi National Oil Company (ADNOC) has entered into a framework agreement with China-based Rongsheng Petrochemical to look out for domestic and international expansion opportunities.

The deal will see ADNOC and Rongsheng explore opportunities in the sales of refined products from ADNOC to Rongsheng, downstream investment opportunities in both China and the UAE, and the supply and delivery of LNG to Rongsheng.

Under the terms of the agreement, both the companies will look out for opportunities to expand the volume and range of refined products sales to Rongsheng in addition to ADNOC’s participation as Rongsheng’s strategic partner in refinery and petrochemical opportunities, including funding in Rongsheng’s downstream complex.

On the other hand, the China-based company will also explore possible investments in ADNOC’s downstream industrial ecosystem in Ruwais, including the proposed Gasoline Aromatics Plant, GAP, and the possibility for ADNOC to supply and deliver LNG for utilisation by Rongsheng within its production factories in China.

UAE Minister of State and ADNOC Group CEO Al Jaber said: “The agreement covers domestic and international growth opportunities across a range of sectors, which have the potential to open new markets for our growing portfolio of products and attract investment to support our downstream and gas expansion plans.

The deal will help in ADNOC’s downstream development plans, which will see it create an integrated refining and petrochemicals complex in Ruwais while pursuing integrated margins for its own hydrocarbons with in-market investments.

Rongsheng Group chairman Li Shuirong said: “The strategic cooperation with ADNOC will ensure that our ZPC project, which will have a refining capacity of up to 1 million barrels per day (mbpd) of crude, has adequate supplies of feedstock.

“Our valued partnership will enable Rongsheng Petrochemical to continue its expansion into the international oil market and we are confident Rongsheng Petrochemical will achieve enhanced market share and recognition in the global marketplace.”

RongSheng Group Nigeria limited is registered in Benin City, Edo State in 2016. It is wholly-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 capital is more than 200 million US dollars and first phase of land area is 915000 square meters.

RongSheng Group Mainly engaged in production and R&D of float glass and aluminum alloy profiles. At present, We have 958 employees, including 15 scientific research personnel, 10 senior management staff, 8 chief engineers, 20 senior engineers, and 80 different kinds of professional Technical staff.

Rongsheng Group adheres to the world-class management standard、first-class technology, together with best staff team and service. The company meets the criterion of ISO90001 quality management system, ISO140001 environmental management system, and it determines to provide quality products and services for Nigeria and other countries in the whole world.

In what seems to be a direct consequence of novel reforms to open up its business space, Edo State is welcoming an influx of foreign investors, as the State Governor, Mr. Godwin Obaseki commissioned Rongsheng Glass Nigeria Limited in Utesi, Benin City.

Obaseki said government reforms to open up the business space and the presence of human resources to drive investment have attracted local and foreign companies, who will create jobs, engage youths and create wealth for the state.

“The government has taken serious steps to create the enabling environment for investors like Rongsheng, to invest in the state and contribute to its development as well as provide jobs for the people.”

The governor said his administration does not want to be directly involved in running businesses, but to facilitate investment, support investors and create a peaceful and secure environment to get the state to become productive.

The Managing Director, Rongsheng Glass Nigeria Limited, Huang Shibin, thanked the governor, the local community and the people of the state for the conducive environment for their operations.

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On this page you will find important information about Guangzhou RONGSHENG Investment Advisor Co. Ltd. based in 93-95# Yinshan Mansion B-Room 2403, Yuexiu District, Guangzhou, Guangdong, 510030, Guangdong, China, like the address, contact person and details, as well as the email address and home page, or other specific information.

Guangzhou RONGSHENG Investment Advisor Co. Ltd. in 93-95# Yinshan Mansion B-Room 2403, Yuexiu District, Guangzhou, Guangdong, 510030, Guangdong, China.

This company deals with, among other clients supply foreign exchange, precious metal fund and stock finance economy service, supply professional investment cosulting economy planning service.

For questions regarding RONGSHENG Investment Advisor Co. Ltd. contact us directly on the following numbers, or find the appropriate contact on the homepage of Guangzhou RONGSHENG Investment Advisor Co. Ltd..PHONE NUMBER:

To request more details about Guangzhou RONGSHENG Investment Advisor Co. Ltd. from abroad please call the international phone number +86 (20) 83641670 under which you will be able to speak with owner of RONGSHENG Investment Advisor Co. Ltd. or be directed to the appropriate contact person, Mr. CHEN, JIAN.

Please send written inquiries and notices to RONGSHENG Investment Advisor Co. Ltd. from abroad to the international fax number +86 (20) 83641670 or to the company email address. Call displayed telephone number to ask for respective email address of Guangzhou RONGSHENG Investment Advisor Co. Ltd.!

clients supply foreign exchange, precious metal fund and stock finance economy service, supply professional investment cosulting economy planning service

Subsidiary Industrial investment 201,800 461,104.43 297,894.43 - 17,302.76 17,302.76

Zheng); Zheng January 20, 2021 Report, the Rongsheng No

Securities Investment Fund, Hangzhou Jintou Shengnan Investment Share lock-up 6 months

Rongsheng acceptance ure/detail?plate=szse&orgId=9900015

Zhejiang Rongsheng Holding Group Co., Ltd. non-state-owned 61.46% 6,222,789,981 2,092,063,766 0 6,222,789,981

Technology Pioneer Hybrid Securities Investment Others 0.72% 73,188,935 38,183,516 0 73,188,935

Strategic investors or general legal persons ShanghaiPudong Development Bank Co., Ltd. - GF High-End Manufacturing Stock Sponsored Securities Investment Fund, Hangzhou

becoming the top 10 shareholders due to rights Fenhua Investment Partnership (Limited Partnership) and China Construction Bank Co., Ltd. - GF Technology Pioneer Hybrid Securities

issue (if any) Investment Fund became the top 10 shareholders due to their participation in the Company"s non-public offering of shares, and the agreed

Explanation of the relationship or concerted action and Li Guoqing are nephews of Li Shuirong, Chairman of the Board of Directors of Zhejiang Rongsheng Holding Group Co., Ltd., and Xu

Zhejiang Rongsheng Holding Group Co., Ltd. 6,222,789,981 RMB ordinary shares 6,222,789,981

China Construction Bank Co., Ltd. - GF Technology Pioneer Hybrid Securities Investment Fund 73,188,935 RMB ordinary shares 73,188,935

Hangzhou Fenhua Investment Partnership (Limited Partnership) 56,831,227 RMB ordinary shares 56,831,227

to Eligible Investors by 20 Rongsheng 14922 August 31, August 31, September interest. The

Rongsheng G2 0 2020 2020 2, 2024 interest shall be

(book value) investment investment income cash dividends for

19 Rongsheng G1 1,000,000,000 2 years 994,614,150.95 1,002,893,069.59 48,854,246.58 2,452,683.83 1,054,200,000.00

20 Rongsheng G1 1,000,000,000 4 years (2 + 2) 995,452,830.20 1,029,248,500.45 47,700,000.04 1,211,525.65 47,747,169.81 1,030,412,856.33

20 Rongsheng G2 1,000,000,000 995,405,660.39 1,011,504,472.60 47,834,246.60 1,172,688.86 47,994,339.62 1,012,517,068.44

project of Zhoushan Green Other Development and Reform Bureau for investment projects

Investment 073.98 4,736.44 810.42 34.19 82.82 17.01 68.99 41.88 210.87 33.44 5.59 79.03

Investment Co., 29,402,156,939.80 -512,976,295.67 -509,876,436.60 1,005,444,756.48 25,364,168,603.77 1,092,065,344.42 1,072,120,429.77 1,717,169,702.82

Name of the joint venture or associated Principal place of investments in joint

investment in 2,750,672,174.90 2,246,522,800.41 193,629,420.45 1,822,497,360.74 2,625,770,702.35 1,753,404,833.57 277,320,609.82 1,523,446,813.83