Our Company was founded in 1998, with an initial investment fund of 1 million CNY. It started its business mainly by manufacturing the rotary cut back veneer for plywood. And till 2004, the annual output value reached 30 million CNY.
Since the incorporation, our company has been developing quickly. In October of 2004, we attracted a lot of talents who were engaged in the production of engineered wood sawn timbers and sliced engineered veneers. Later, we began to attract professional talents, expand the plant, and import the advanced equipment. Those factors helped us to obtain more market share in both domestic and overseas market.
For the product promotion and international brand image, our company invests nearly one million CNY to annually participate in 4 to 6 overseas exhibitions in German, Russia, India, Brazil, and Dubai. We also take part in many domestic exhibitions every year, for instance, Beijing Door Industry Exhibition, Shanghai FMC Exhibition, Guangzhou INTERZUM Exhibition, etc. To further perfect the company development, approximately 800,000 CNY of annual expense are used to provide management and skills training for the employees.
Begin with 2004, we took measures to speed up the business expansion. And by the end of 2010, the proud success covers 80 million CNY total assets, more than 700 kinds of newly developed products, and the annual output value of 180 million CNY. Till now, numerous certificates have been received. In 2007, our company was approved by both ISO9001: 2000 and ISO14001: 2004 Quality and Environmental Management Systems. Then in the year of 2010, its trademark was rated as the Famous Trademark of Shandong Province. Furthermore, our company was FSC certified in 2011.