rongsheng international business limited pricelist

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Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International stock quotes are delayed as per exchange requirements. Fundamental company data and analyst estimates provided by FactSet. Copyright © FactSet Research Systems Inc. All rights reserved. Source: FactSet

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.

(Bloomberg) — China Rongsheng Heavy Industries Group Holdings Ltd., which hasn’t announced any 2012 ship orders, may find winning deals even harder as a company owned by its billionaire chairman faces an insider-trading probe.

Rongsheng, based in Shanghai, has tumbled 87 percent since a November 2010 initial public offering because of concerns about delivery delays and a global slump in ship orders caused by a glut of vessels. The shipbuilder, which operates facilities in Jiangsu and Anhui provinces, also said yesterday that first- half profit probably dropped “significantly” because of falling prices and slowing orders.

The probe won’t affect day-to-day operations run by Chief Executive Officer Chen Qiang, as Chairman Zhang only has a non- executive role, Rongsheng said in a statement yesterday. Zhang wasn’t available for comment yesterday, according to Doris Chung, public relations manager at Glorious Property Holdings Ltd., a developer he controls.

Chen isn’t aware of Zhang’s personal business dealings and he has no plans to leave Rongsheng, he said yesterday by text message in reply to Bloomberg News questions. The CEO may help reassure potential customers as he is well-known among shipowners, said Lawrence Li, an analyst at UOB Kay Hian Holdings Ltd.

Zhang owns 46 percent of Rongsheng and 64 percent of Glorious Property, according to data compiled by Bloomberg. The developer dropped 1.7 percent to close at HK$1.16 in Hong Kong today after falling 11 percent yesterday. Zhang’s listed holdings are worth about $1.2 billion, according to data compiled by Bloomberg.

Zhang, who holds a Master’s of Business Administration degree from Asia Macau International Open University, started in building materials and construction subcontracting before getting into real estate. Construction of his first project, in Shanghai, began in 1996, according to Glorious Property’s IPO prospectus. He got into shipbuilding after discussing the idea with Chen at a Shanghai Young Entrepreneurs’ Association event in 2001, according to Rongsheng’s sale document. He formed the company that grew into Rongsheng three years later.

“People in his hometown think Zhang is a legend as he expanded two companies in different sectors so quickly,” said Ji Fenghua, chairman of Nantong Mingde Group, a shipyard located next to Rongsheng’s facility in Nantong city, Jiangsu province. The billionaire maintains a low profile, said Ji, who has never seen him at meetings organized by the local government.

Rongsheng raised HK$14 billion in its 2010 IPO, selling shares at HK$8 each. The company’s market value has fallen by about $6.1 billion to $1 billion, based on data compiled by Bloomberg.

Rongsheng, which also makes engines and excavators, had outstanding orders for 98 ships as of June 2012, according to Clarkson. It employed 7,046 people at the end of last year, according to its annual report. The shipbuilder has built a pipe-laying vessel for Cnooc and it has a strategic cooperation agreement with the energy company.

Shares in China Rongsheng Heavy Industries Group Holdings Ltd tumbled 18 per cent on Monday after the U.S. securities regulator accused a company controlled by the shipbuilder"s chairman of insider trading ahead of China"s CNOOC Ltd"s bid for Canadian oil company Nexen Inc.

The U.S. Securities and Exchange Commission filed a complaint in a U.S. court on Friday against a company controlled by Rongsheng Chairman Zhang Zhirong, and other traders, accusing them of making more than $13-million (U.S.) from insider trading ahead of CNOOC"s $15.1-billion bid for Nexen.

On Monday, Rongsheng shares dropped as much as 18 per cent to $1.15 (Hong Kong), a record low, leaving the company with a market capitalisation of just over $1-billion. The company also issued a profit warning, saying first-half earnings would fall sharply as a result of a global shipbuilding downturn, a factor that has already pushed its shares down more than 75 per cent in the past year.

Rongsheng – which entered a strategic cooperation agreement with CNOOC in 2010 – said in a Hong Kong filing that it did not expect the U.S. investigation to affect its operations. It said Zhang did not have an executive role in the company.

The SEC does not allege any wrongdoing by Mr. Zhang, but notes that he is the controlling shareholder of a company that engages in significant business activities with CNOOC. CNOOC in Beijing has declined comment on the matter.

"The news around the chairman comes on the back of other operational and credibility issues," Barclays said in a note to clients. "We think China Rongsheng presents significant company-specific risk."

Mr. Zhang was ranked the 22th richest Chinese person by Forbes Magazine in September 2011. But his net worth fell by more than half in the past year to $2.6-billion in March 2012 as shares of Rongsheng tumbled.

Glorious Property said in a statement on Monday that the U.S. investigation would not affect the business of the developer. At $1.12 (Hong Kong), the shares are down 40 per cent from its 2012 high late in February, leaving it with a market capitalisation of about $1.13-billion.

Rongsheng Petro Chemical Co. Ltd., a major Chinese petrochemical company, visited Alberta at the end of September, meeting with bankers and industry executives, according to industry sources. Rongsheng inquired about everything from producing oil and gas to upgrading and refining crude. Such investments would help secure ingredients needed to fuel China"s manufacturing industry. Rongsheng chairman Li Shui Rong was part of the tour, according to a source.

Mr. Stringham met with Rongsheng officials and said the company was interested in both upstream and downstream investments. Upstream assets include oil and gas fields, while downstream translates into processing facilities such as upgraders. Some refineries and upgraders have been shuttered in North America because of their financial volatility, but companies like Rongsheng have a different rationale for investing in processing complexes.

"It was essentially: "We are looking for feedstock that is important for our business over there. And that"s why we"re here looking for opportunities to get that," Mr. Stringham said.

Ian MacGregor, chairman of North West Upgrading Inc., which is building a refinery with Canadian Natural Resources Ltd., has not been contacted by Rongsheng, but believes the country would benefit if foreigners invested in more oil processing in Canada. There is enough raw bitumen and oil available that competitors would not create a shortage of feedstock necessary to make refined products.

Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International stock quotes are delayed as per exchange requirements. Fundamental company data and analyst estimates provided by FactSet. Copyright 2019© FactSet Research Systems Inc. All rights reserved. Source: FactSet

Rongsheng Petro Chemical Co, Ltd. specialises in the production and marketing of petrochemical and chemical fibres. Products include PTA yarns, fully drawn polyester yarns (FDY), pre-oriented polyester yarns (POY), polyester textured drawn yarns (DTY), polyester filaments and polyethylene terephthalate (PET) slivers.

Shandong HICAS Machinery (group) Co., Ltd is a woodworking machinery exporter & manufacturer, located in Qingdao China.We have more than 15 years experience, we know the developing history of Chinese woodworking machinery industry, main manufacturers in each city, and international demands for Chinese machinery.

Nowadays international business develop so fast, there are too many companies in the internet, all looks good and professional, but with our rich experience we know who is really trustful, we believe our this experience can save your time and money.

Our company takes the principle of quality first and customer foremost Our company has professional technology, full range of testing lines and pipelining, and four professional production lines of woodworking machines.. Complete sets of CNC processing equipments and experienced technicians to guarantee high quality. Mainwhile, we got ISO9001 international system certificate and CE security certificate. Complete sales system provides perfect pre-sale and after-sale services. Which is proved by all customers.

Our company takes the principle of quality first and customer foremost Our company has professional technology, full range of testing lines and pipelining, and four professional production lines of woodworking machines.. Complete sets of CNC processing equipments and experienced technicians to guarantee high quality. Mainwhile, we got ISO9001 international system certificate and CE security certificate. Complete sales system provides perfect pre-sale and after-sale services. Which is proved by all customers.

Address:Fcatory:Yuhuang Road, Yuhuangmiao Town, Shanghe County, Jinan City, Shandong Province, China Office:Room 811, Block A, Rongsheng International Times, Beiyuan street No.9, Licheng District, Jinan City, Shandong Province

Jiangxi Huaqi Electromechanical Equipment Co., Ltd. was established in 2019. It is located at 104, Building 2, Ganjiang Education and Culture Industry Park, 800 Shunwai Road, Qingshan Lake District, Nanchang, Jiangxi. The company was founded on the basis of Dacheng Hardware Electromechanical Co., Ltd., which was established in 2007. We are a high-tech enterprise integrating sales of hardware tools, power tools, building materials, home furnishing equipment and international trade. We are mainly engaged in import and export business at home and abroad, and have research centers, and cooperate with many well-known factories in China. Our company covers an area of over 2,000 square meters (including warehouses), with annual sales of up to 30 million and more than 230 agents. The power tool products such as Dustba dust-free saws, Bolt wall grinders, Putian Putt sprayers, and Sidler tile cutters are mainly used in the fields of housing and engineering construction, and the company philosophy is to make Every family is healthier and more environmentally friendly to enjoy the fun brought by home decoration.

With more than 50 year experience in making woodworking machines, we got license from Italian DMC Corp. in 1985 to produce wide belt sanders. We developed BB1130 horizontal veneer slicer by integrating the internal and international technologies, and firstly put BB1335 Horizontal slicer into the market in China, the max slicing width reaches 1300mm. We are the first company which was certified by ISO9000 in the industry, and also a hi-tech enterprise in Qingdao.

Qingdao Lianwang Weiye Machinery Co., Ltd. is one of the leading companies in woodworking machinery industry, and is highly recognized for its Panel Saw ,Edge Banding Machine,CNC Router,Drilling Machine,Sander Machine ,Polish Machine and Cold Press etc. LIANWANG possesses two production bases, i.e. One is the largest base for manufacturing precise panel saw ,edge banding machine ,drilling machine and CNC Router in China.The other one is the best strength professional manufacturer in sander & polish machine and cold press industry .Over several decades of development, the group company owns 25,000 square meters of production scale. Besides, it has abundant technique strength, full range of testing method and three professional production lines of woodworking machinery. So it can manufacture thousands sets at the same time. The company has got ISO9001 international system certificate and CE security certificate.Also we are able to offer comprehensive woodworking machinery solution for various clients. We aim to assist our partners in sourcing whole range machines in China.To be the world"s leading woodworking machinery solution provider is our company vision.Our products are exported to more than 70 countries and regions, such as Europe, Russia, Southeast Asia, Middle East, North America, Australia. It has established complete sales system (more than 30 dealers). Over yeas of experience in competitions in domestic and overseas markets, our L brand has become one of global well-know brand, which offers trustworthy machinery for global customers.With high credit standing ,best quality and service system, and the competitive price policy, we sincerely look forward to establishing a stable long-term strategical business cooperation with you.

Our corporation is located in the east of Yantai, a beautiful and rich city with pleasant weather. It is 190 kilometers away from Qingdao in the south and 100 kilometers front Weihai in the east with sea and land and air convenient communications and excellent telecommunication. We are looking forward to establishing more and more business relationships with customers all over the world.

O.B.T has got ISO9001 international system certificate and CE security certificate and supplied our best productions and service to South-east Asia, Europe, South America, Australia and Africa market successfully, and has won wide acclaim from customers.

In the future, O. B. T Group will constant adhering to the business philosophy of people-oriented, customer first, make persistent efforts to strengthen product development and take the advantage of group superiority, with the latest technology and perfect quality, we would develop the international market vigorously to provide a one-stop comprehensive solution to our client.

O.B.T has got ISO9001 international system certificate and CE security certificate and supplied our best productions and service to South-east Asia, Europe, South America, Australia and Africa market successfully, and has won wide acclaim from customers.

In the future, O. B. T Group will constant adhering to the business philosophy of people-oriented, customer first, make persistent efforts to strengthen product development and take the advantage of group superiority, with the latest technology and perfect quality, we would develop the international market vigorously to provide a one-stop comprehensive solution to our client.

ur products are mainly included Precise panel saw, Edge Banding Machine, Multiple Drilling Machine, Press machine etc., which have been exported to lots of countries and regions, such as Europe, Russia, Southeast Asia, Middle East, North America, Australia. We have established complete sales system. Our company takes the principle of quality frist and customer foremost, and we are strict with quality control. Meanwhile, we develop and manufacture new products positively, and provide perfect pre-sale and after-sale services. At the same time, our company has got ISO9001 international system certificate and CE security certificate.

Foshan Jackbond Electromechanical Manufacturing Co., Ltd. specializes in the production of "Arts" brand woodworking machinery, including: portable edge banding machine, manual edge banding machine, automatic edge banding machine, profiling angle machine and various woodworking manual, electric Tools, accessories. The company integrates research and development, production and sales. With its exquisite technology and technology, the company"s products have entered the market with the strength of "high starting point, high quality and high-grade" and won the praise of the majority of users. The company"s products have obtained ISO and CE international quality safety certification. Product sales outlets cover all parts of the country and are exported to Europe, America, Middle East, Southeast Asia, Thailand and other countries and regions.

The craftsman has always been adhering to the "quality first, customer first" business management philosophy. With the tenet of "Harmony and Pragmatic, Pioneering and Innovative, Fine Work, and Dedication", we will create a first-class enterprise with "Heart" to create famous products.

With many years of hard work and good management,the factory has developed a whole series of surface decoration and processing machines for wood products, such as vacuum membrane press machine, cnc router machine, profile wrapping machine, pvc paper laminating machine, edge banding machine, sanding machine, multi-boring machine,cold press machine, sliding table saw,pvc film slitter etc. After years of hard work, Gaotu woodworking machine have won the respect from clients and even those who are engaged in the same business. In addition, the products have attained ISO CE BV International Quality System Certification.

With more than decades of business running, Qingdao Gaotu Machinery Co.,Ltd. has business cooperation with clients not only from Chinese domestic market, but also huge clients from The American countires, customers from the Europen countries, and customers from the Africa, Middle East, Southeast Asia and even more customers from around the world.

"Quality oriented, Customer focused, International market driven" is always our business philosophy, We are striving to be the best product, the best service, and the best price, reliable suppliers in the world. We, Qingdao Gaotu Machinery Co.,Ltd. , warmly welcome business partners home and abroad come for business cooperation.

Our company is located in the famous international city Qingdao, with superior geographical advantages, our company has several outstanding technical personnel, high quality products, good reputation, reliable.

SHULER is devoted to providing stable and good quality woodworking machinery as well as tailor-made furniture digital production solutions for international customers.

Qingdao YiDeWei International Trading Co., Ltd. We specialized in supplying the best quality panel furniture woodworking machinery for every customer.

Quality is the most important,Our factory has more than ten years producing experience,Products have passed the ISO 9000:2001 and CE international quality standard.There are nearly 100 agents in domestic and oversea market.

Ningjin Haochuan Machinery Co., Ltd. is a leading company of specializing in manufacturing and exporting woodworking machine. We are able to offer professional woodworking machines to customers. Our products are mainly Edge Banding Machine, edge bonding machine, Slotting machine etc., which have been exported to lots of countries and regions, such as Europe, Russia, Southeast Asia, Middle East, North America, Australia. Our company takes the principle of quality first and customer foremost Our company has professional technology, full range of testing lines and pipelining, and four professional production lines of machines.Complete sets of CNC processing equipments and experienced technicians to guarantee high quality. Meanwhile, we got ISO9001 international system certificate and CE security certificate. Complete sales system provides perfect pre-sale and after-sale services. Which is proved by all customers. Ningjin Haochuan Machinery Co., Ltd. is looking forward to establishing long-term strategic cooperation relationship with you and offering you high quality products and perfect service system.

Shandong HICAS Machinery (group) Co., Ltd is a woodworking machinery exporter & manufacturer, located in Qingdao China.We have more than 15 years experience, we know the developing history of Chinese woodworking machinery industry, main manufacturers in each city, and international demands for Chinese machinery.Through years of cooperation we meet hundreds of woodworking machinery factories, some with very good technology and service we keep cooperation till now, some with bad quality or service and always delay for delivery we don"t cooperate any more, now we have good dealer relationship with top manufacturers in different cities, with strong technical advantages and competitive price and trustworthy services.Nowadays international business develop so fast, there are too many companies in the internet, all looks good and professional, but with our rich experience we know who is really trustful, we believe our this experience can save your time and money.We have our own Sales and After Sales Service team, our Engineer Team (consist with the engineers from our suppliers) with +20 years experience, professional with woodworking machinery"s production, installation, operation and maintenance.Our mission and target,Let Chinese woodworking machinery serve the whole worldCreate maximum value for customerTo be the biggest woodworking machinery exporter in ChinaWelcome your inquiry and visiting, hope to grow up together with you.

Shandong HICAS Machinery (group) Co., Ltd is a woodworking machinery exporter & manufacturer, located in Qingdao China.We have more than 15 years experience, we know the developing history of Chinese woodworking machinery industry, main manufacturers in each city, and international demands for Chinese machinery.Through years of cooperation we meet hundreds of woodworking machinery factories, some with very good technology and service we keep cooperation till now, some with bad quality or service and always delay for delivery we don"t cooperate any more, now we have good dealer relationship with top manufacturers in different cities, with strong technical advantages and competitive price and trustworthy services.Nowadays international business develop so fast, there are too many companies in the internet, all looks good and professional, but with our rich experience we know who is really trustful, we believe our this experience can save your time and money.We have our own Sales and After Sales Service team, our Engineer Team (consist with the engineers from our suppliers) with +20 years experience, professional with woodworking machinery"s production, installation, operation and maintenance.Our mission and target,Let Chinese woodworking machinery serve the whole worldCreate maximum value for customerTo be the biggest woodworking machinery exporter in ChinaWelcome your inquiry and visiting, hope to grow up together with you.

Since no machine like it existed before, our Jinlida gabion mesh machine has received its patents in China in 1999 and 2000 (Patent No. ZL99229381.2 and ZL00267044.5). It was developed by utilizing both homegrown technology and that from abroad. We have developed the machine from model LNWL-1, LNWL-2 to LNWL-3 during these years. We also have much international professional technical service experience both for machinery and gabion system construction.

Our company professionally manufacturers and exports gabion mesh machines, gabion production lines, and all kinds of gabion products such as gabion boxes, gabion mattresses, sack gabions, and rockfall nettings. Our gabion products are following strictly to BS 443, BS 1052 and ASTM standard. We also have passed ISO9001 international quality management system. 90% of our products have been sold in more than 40 countries or regions, such as the USA, UK, Canada, Taiwan area, Malaysia, Thailand, Italy, South Africa, North Africa, Iran, India, PH, VN, and Poland. With eight gabion production lines, our output reaches 10 million square meters per year.

always adhere to: credibility - based, quality win "business philosophy. Till now"MeiKaiWang" is now known as a well-known brand that trusted by our consumers. And meanwhile we have gained a large number of loyal customer.

p our commitment to customer satisfaction as the source of enterprise development. We warmly welcome new and old customers to visit us, call for assistance, negociate business and looking forward to be your reliable business partner.

The company"s main products are sander series, cold and hot press series, edge banding machine series, CNC router series, panel saw series,planer machine series,drilling machine series, horizontal band saw series, vacuum membrane press machine, profile wrapping machine and other mechanical equipment etc.The company has got ISO9001 international system certificate and CE security certificate. exported to more than 60 countries in America, Europe, Southeast Asia, Middle East, Australia and so on And regions. Since its establishment, the company has continuously innovated, with a number of high-quality management personnel and technical force, and equipped with professional product development and design technology backbone. With the management tenet of "customer first, reputation first" and the management concept of "honesty first, innovation, excellence", the company provides reliable machines for global customers. With good reputation, the best quality and service system and competitive price policy, we sincerely look forward to establishing a long-term and stable business cooperation with you. We warmly welcome you to visit our factory.

Our staff are devoted to the pursuit of excellence in all stages of the manufacturing process, as well as post-sale services. We strive to make our sales team easy to work with for every customer, regardless of language barriers or cultural differences. Our sales representatives regularly undergo training in order to meet any challenges that may present themselves while working with customers from all over the world. We pride ourselves in continuously improving all aspects of our business structure in order to keep pace with, and eventually set, international standards.