Luoyang Glass Company Limited (the ¡°Company¡±), with China Luoyang
Float Glass Group Company Limited.(the ¡°Group¡±) as the promoter,
was established on April 6th, 1994. Former of the Group was Luoyang
Glass Factory, established in 1956, which was one of 156 National
Key Projects during the China¡¯s First Five-Year Plan. Luoyang Float
Glass Group is the birthplace of China¡¯s first float glass production
line in 1971 which was nominated as "Luoyang Float Glass Process"
by Science & Technology Commission in 1981.It is one of the
glass processes in
the world besides Pilkington Group Limited UK and PPG Industries
USA. The Company¡¯s H shares were listed on the Hong Kong Stock Exchange
on July 8 1994, and it¡¯s A shares were listed on the Shanghai Stock
Exchange on October 31 1995. It became the first company in the
Building Material Industry and in Henan Province who has listed
abroad. On April 2 2007, China Luoyang Float Glass Group Co., Ltd.
strategic restructured with China National Building Material Corporation
(Central Enterprises) who became the actual controller. With various
competitive advantages, China National Building Material Corporation
will bring valuable opportunities for the development of the Group.
The Company has more than 4000 employees and assets of 2.19 billion
Yuan. It is a well-known float glass manufacture in China. Its business
scope mainly covers production, sales, and technical service of
float glass, with an annual production capacity of 26 million standard
cases. Products include clear, blue, brown, grey, and green float
glass and on-line coating glass. The company has high competitive
advantages in rich product categories and high quality, and thickness
of glass ranges from 0.55 to 25mm and maximum size is 4000mm¡Á12000mm.
It owns intellectual property rights of float glass production technology,
and takes a leading place in ultra-thin and ultra-thick float glass
production. The company passed the quality system certification
in 1997. It is market oriented and customer focused, and provides
full range of services. Products are sold worldwide including European
and American countries, and it takes a large market share and customers
satisfaction in China. The company has achieved ¡°Silver Medal of
National Float Glass Quality Award¡±, ¡°Golden Medal of High Quality
Products Exhibition 1992¡±, ¡°Golden Medal of the 5th Asia-Pacific
International Trade Exhibition 1994¡±, ¡°National Consumer Trustworthy
Product¡± Award, ¡°Quality-benefit Oriented Enterprises¡±, and ¡°China
Famous Product¡± and other awards.