According to "Ceramic Information", it has been confirmed that in the past week, two ceramic companies in Jiangxi production areas have been merged and reorganized. This is also following the wholly-owned acquisition of Pingxiang Zhengda Ceramics Company by ASUS Ceramics Group on January 9 this year. Cases of mergers and reorganizations of ceramic companies have appeared again in Jiangxi production areas.
01
Geshiqi Ceramics merges with Yifeng Geely
Xinhuanbao Ceramics acquires Jiangxi Diwei
On June 9, Jiangxi Geshiqi Ceramics officially merged and reorganized Yifeng Geely Ceramics Co., Ltd. in the form of absolute holding. It is confirmed that the relevant personnel of Geshiqi Ceramics have been fully stationed in Geely Ceramics and have officially taken over the production and sales of the company.
In addition, "Ceramic Information" has just confirmed that before the Dragon Boat Festival, Jiangxi Xinhuanbao Ceramics Co., Ltd. has fully acquired Jiangxi Diwei Ceramics Co., Ltd.
According to Liu Chunliang, chairman of Geshiqi Ceramics, Yifeng Geely Ceramics will serve as the production base of Geshiqi Ceramics in the future, and the quality of its products will also be fully benchmarked against Geshiqi Ceramics. At present, Geely Ceramics' existing product structure is mainly based on glazed tiles and medium plate series. With the full entry of Geshiqi Ceramics, the product quality will be improved and stabilized. In the future, the company will base on the group's several production bases Improve and adjust the product structure.
It is understood that Geshiqi Ceramics, as a leader in the construction of brands and terminal channels in high-security production areas, has been in a state of shortage of production capacity.
In recent years, while continuously strengthening product innovation, Geshiqi has also increased its expansion layout of production capacity and product structure. In March 2020, Geshiqi Ceramics started the construction of an intelligent base, and in December of the same year, the company's first large-board production line was built and put into operation. This acquisition of Yifeng Geely Ceramics will further improve the company's production capacity and product structure.
As a "dark horse" Wenzhou-based enterprise that has developed in the past two years, Xinhuanbao Ceramics has developed rapidly. After the company invested in the expansion of the first smart large board production line in Xiushui County, Jiujiang City on October 8 last year, In May this year, a large board production line was put into operation again at the Gao'an production base.
The low-key acquisition of Xinhuanbao Ceramics from Diwei Ceramics Enterprise, which is also located in Xiushui Industrial Park, Jiujiang City, relies on Diwei Ceramics Enterprise’s original medium plate production line. supplements and accessories.
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Roosevelt Ceramics Rental Hengdali
Weipeng Ceramics, which has been closed for many years, may be revitalized
In the past two years, due to the impact of macroeconomics and the deep reshuffle of the ceramics industry, the corporate landscape in Jiangxi production areas has changedProfound changes have also taken place. A group of ceramic companies with strong financial strength, ideas and ideas have quickly entered the top ranks of ceramic construction companies in production areas and even the country through expansion or mergers and reorganizations. However, some ceramic companies with a single product structure and no concept and quality requirements have Enterprises were forced to "exit" in this round of brutal market competition.
Previously, authoritative experts in the building ceramics industry have predicted the development pattern of high-security production areas: "The strong are stronger, and large companies have expanded their layouts and grown into "little giants" in the production areas, while some small and medium-sized enterprises are either looking for Accurate positioning and differentiated products, or face being reshuffled. ”
In addition, in mid-May this year, Roosevelt Ceramics Group took over Jinyuan Ceramics (formerly Fujian enterprise Hengdali Ceramics) on a lease basis. According to Luo Xuan, deputy general manager of marketing of Roosevelt Ceramics Group, Roosevelt Ceramics has fully taken over the production and sales of Jinyuan Ceramics in May. There are currently two production lines in production, mainly producing 400×400mm small floor tiles, serving the entire production area. The company produces supporting products and a 400×800mm medium plate as a supplement to the group's production capacity.
A few days ago, according to information released by the People's Court of Tonggu County, Jiangxi Province on May 28, 2021: Due to a dispute over a loan contract, Jiangxi Weipeng Ceramics Co., Ltd. sold its assets (factories, land, etc.) for 13.92 million yuan to pay off the debt in kind. The applicant for execution is Jiangxi Tuorun Building Materials Trading Co., Ltd. It is understood that Weipeng Ceramics went bankrupt in June 2014 due to poor management. Due to complex debts, small footprint, and backward production lines, it has been "no one cares about".
It is understood that as the country accelerates the promotion of carbon neutrality and carbon peaking policies, many ceramic production areas have begun to restrict the construction of "two high" projects. This move has also further accelerated the production area governments to eliminate backward production capacity, and Bankruptcy or equity reorganization of "zombie companies" will be used to introduce outstanding companies to revitalize the existing stock indicators of ceramic production lines.
(The article is reproduced from Ceramic Information)
