china glass holdings limited

China Glass Holdings Limited (CNG) is China’s leading float glass and the largest reflective glass manufacturer. Founded in 2004, it was listed on the main board of the Hong Kong Stock Exchange (stock code: 03300) in 2005. The main shareholders of the company include Lenovo Holdings, Pilkington, China National Building Materials Group Corporation (CNBM), International Finance Corporation(IFC). Its strong shareholder line-up provides solid background for the company’s steady growth. CNG complies with the government’s low-carbon economy policy and energy conservation policy. It promotes comprehensive adjustment of product structure and implements industrial upgrading strategy, expanding energy-saving glass and renewable energy area. CNG is dedicated to R&D, production and marketing of coated glass, energy-saving glass and new energy glass. A leader in advanced technology in the glass industry, CNG has a dozen of national and global patented technology of glass products. It is one of the only three companies which own online Low-E and online TCO technology in the world and the only company which has a full range of independent intellectual property rights of these products. It also plays a leading role in the research and development of online coated glass technology. CNG has a variety of products ranging from float glass, reflective glass, energy-saving glass, PV product to deep processed glass, etc. Its online reflective glass holds more than 50% of market share. Its products are exported to more than 100 countries and regions, used in domestic and foreign landmark buildings such as Guangzhou TV Tower, Guangzhou Asian Games Athletes Village, Beijing New Science and Technology Museum, Dubai Metro Project, Haiyang Yasha International Conference Center. Its main products include CLEAR FLOAT GLASS, HIGH TRANSMITTANCE FLOAT GLASS，HIGH CLEAR FLOAT GLASS, ULTRA-CLEAR FLOAT GLASS，TINTED FLOAT GLASS; ON-LINE SUN-EⓉ REFLECTIVE GLASS, ON-LINE SOLAR CONTROL THERMAL REFLECTIVE GLASS,ON-LINE LOW-E REFLECTIVE GLASS,ON-LINE SOLAR CONTROL LOW-E REFLECTIVE GLASS,ON-LINE SOLAR CONTROL REFLECTIVE GLASS, ON-LINE TCO GLASS, OFF-LINE HIGH TRANSMITTANCE DOUBLE SILVER LOW-E REFLECTIVE GLASS,OFF-LINE LOW-E REFLECTIVE GLASS,OFF-LINE SOLAR CONTROL REFLECTIVE GLASS; PV products such as solar ultra-clear photovoltaic glass, amorphous silicon solar thin-film cells; deep processed glass such as silver mirror. CNG has nearly 5,000 employees. Its industrial geographic network spreads across Beijing, Jiangsu, Shandong, Shaanxi, Inner Mongolia and Zhejiang provinces. It has eight production bases and a R&D centre, with a total of seventeen production lines and daily melting capacity of 7,630 tons. The company also owns one off-line Low-E glass line with an annual production capacity of 5 million square meters, and one amorphous silicon thin film cell production line with an annual production capacity of 12MW. Its production bases are located or adjacent to main consumer centre, energy and resource areas, which contributes to our competitive market and cost advantages. In accordance with our long-term development strategy combining ‘natural growth, acquisition growth and going overseas’, CNG will continue to make full use of ‘two-highs and one low’ advantages which represents high technology, high quality and low cost. By implementing the ‘product differentiation’ strategy, and increasing the proportion of value-added production (energy-efficient and new-energy glass), we aim to form three product pillars of building glass, energy saving glass and new energy glass, and realize the strategic goal of transforming from a traditional glass manufacturer to one of the largest energy-saving and new energy glass manufacturer and service provider in China. It is our social responsibility to enhance the management of glass industry by highly efficient operations, promote the industry’s technological upgrade through technological innovation, and optimize resource allocation by mergers and acquisitions. To realize the maximum value for shareholders, employees and society is our persistent pursuit.