Company Profile_ABOUT JUSHI__China Jushi Co., Ltd.

Company Profile

China Jushi Co., Ltd. (“China Jushi”) is a core enterprise in the fiberglass business division of China National Building Material Company Limited (HK3323; “CNBM”), and specializes in the manufacture and sales of fiberglass and its finished articles as the main business. China Jushi is one of the largest enterprises in the new material industry of China and in 1999, it got listed on the Shanghai Stock Exchange (Stock name: China Jushi, Stock Code: 600176).

Through many years of efforts, China Jushi has become the leading enterprise in the fiberglass industry with sound governance, distinct strategy, good assets, excellent culture, lean management, advanced technology and complete sales network.

China Jushi owns proprietary technologies on design and construction of large E-glass fiber furnaces and environment friendly waste fiber recycling furnaces. The company has developed globally innovative oxy-fuel combustion technology and put it into industrial application which significantly reduces energy consumption per unit of output. We have an advanced fiberglass R&D base including a National Enterprise Technology Center, a Zhejiang provincial key laboratory, and a post-doctoral research station. Our testing center has been certified by both China National Accreditation Board for Laboratories (CNAL) and Germanischer Lloyd (GL).

China Jushi has achieved lean management by following the “Five Targets” (Integration, Patternization, Systematization, Streamlining and Digitization) and the KPI advocated by CNBM. We stick to the overall development strategy and annual operation goals and emphasize on the enhancement of streamlined operation and management processes to strengthen the fundamental management and perfect corporate governance.

With a commitment to “Harmonious Progress, Prudent Governance, Standardized Operation, Lean Management and Innovative Development”, we strive to become an internationally competitive building materials corporation with “prominent main business, sound governance, standardized operation and outstanding operating results”.

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Officials’Visits

2016年1月，中共中央總書記、國家主席習近平在埃及開羅親切接見中國巨石黨委書記、總裁張毓強。

China's President Xi Jinping met with President Zhang Yuqiang of China Jushi in January 2016. President Xi praised Jushi and other Chinese companies for making investments in Egypt by following the Belt & Road Initiative, integrating with local communities for mutual development and creating wealth for the localities and themselves.

中共中央總書記、國家主席習近平，國務院總理李克強，曾于2003年12月視察巨石。

Xi Jinping, then Secretary of Zhejiang Provincial Party committee, and Li Keqiang, then Secretary of Henan Provincial Party committee, visited Jushi in December 2003. President Xi praised Jushi for having proprietary intellectual properties and wishes Jushi to grow strong and big in the fiberglass industry.

2018年9月，中共中央政治局常委、國務院總理李克強與中國巨石黨委書記、總裁張毓強親切握手交流

Chinese Premier Li Keqiang talked and interacted with President Zhang Yuqiang of China Jushi at a symposium held in September 2018. Mr. Li hoped that Jushi and other enterprises would aggressively promote innovation to grow and win in the market.

Chairman of the National People's Congress Standing Committee Li Zhanshu visited Jushi Jiujiang in July 2018. Mr. Li pointed out that Jushi as an outstanding high-tech enterprise sets a good example in saving resources and protecting environment and that Jushi Jiujiang is a world-class factory as well as a valuable asset of Jiujiang City.

2019年11月，中共中央政治局常委、全國政協主席汪洋在埃及開羅與中國巨石黨委書記、總裁張毓強親切握手交流。

Chairman of the CPPCC National Committee Wang Yang, during his visit in Egypt in November 2019, talked and interacted with President Zhang Yuqiang of China Jushi. Mr. Wang acknowledged that Jushi had made remarkable achievements in global expansion and established itself as an example in the construction of Belt & Road proposed by China. He also encouraged Chinese investors to make more efforts to help promote good relationship between China and investment destination countries.

2010年12月，時任福建省委書記、省人大常委會主任孫春蘭（右三）視察巨石九江公司。

Sun Chunlan, then Secretary of Zhejiang Provincial Party committee, visited Jushi Jiujiang in December 2010. Ms. Sun spoke highly of Jushi for the achievements it had made in the fiberglass industry and hoped Jushi would make greater progress in deep processing of fiberglass products.

2010年5月，時任內蒙古自治區黨委書記、自治區人大常委會主任胡春華（右二）視察巨石總部。

In May 2010, Hu Chunhua (second from right), then Secretary of the Party Committee of the Inner Mongolia Autonomous Region and Director of the Standing Committee of the People's Congress of the Au

Corporate Governance