2023.01.06Development History of Anhui Fengyang Glass Co., Ltd

Anhui Fengyang Glass Co., Ltd., founded in March 2007, is a high tech enterprise engaged in the production and service of Float glass substrates, and also the first investment attraction enterprise settled in Fengyang Ningguo Modern Industrial Park. After more than ten years of continuous consolidation and development, it has invested more than 1 billion yuan, covering a total area of 700 mu, built a production line with a daily output of 600 tons of Float glass and 700 tons of photoelectric glass, owned a Quartzite mine and a thousand ton special wharf, and was recognized as a "high-tech enterprise" in 2018; Recognized as a "strategic emerging enterprise" in 2019; On April 24, 2019, it was successfully listed on the "Science and Technology Innovation Board" of Anhui Provincial Equity Trading Center. At the same time, the company has also established extensive cooperation with Anhui University of Science and Technology, Bengbu University and other universities, and was awarded the "Production, Teaching and Research Base" by the two universities. The first phase project of the company with a daily output of 600 tons of Float glass production line was started in May 2007, successfully ignited on April 6, 2008, and successfully produced glass in May. The second phase of the project with a daily output of 700 tons of Float glass production line was started in May 2009, ignited successfully on June 18, 2010, and successfully produced glass in July of the same year.

In order to reduce the transportation costs of raw materials and finished glass entering the factory and expand the sales radius, the company has built three thousand ton berths for its own docks, which were officially put into use on October 1, 2013.

The company has its own Quartzite mine with a total reserve of 10 million tons, which not only ensures the supply of raw materials, but also improves the anti risk ability of the enterprise.

In 2014, in response to the national call, the company invested 60 million yuan to build two domestically advanced integrated environmental protection equipment for flue gas desulfurization, denitrification, and dust removal, achieving flue gas emission standards and actively assuming corporate social responsibility.

After more than ten years of development, the enterprise has a total asset scale of 1.2 billion yuan, an annual output value of 700 million yuan, paid over 40 million yuan in profits and taxes, and employed nearly 500 people. It has achieved a double harvest of social and economic benefits in the local area.

As an outstanding private enterprise in Anhui Province, the company was awarded the title of "Product Quality Management System and Anhui Famous Brand Product" in 2012, "Provincial Certified Enterprise Technology Center" in August 2012, "Show house of Labor Security Integrity in Anhui Province" in November 2017, "Fengyang County Development Contribution Award" in December 2017, and "High tech Enterprise" in July 2018, In July 2022, Chairman Zhang Yuhua was awarded the "Top 10 Outstanding Entrepreneurs of the Year", while our company was also awarded the "Top 10 Tax Contributing Enterprises" and was awarded honors such as 1 invention patent and 12 utility model patents.

In order to further consolidate, expand and strengthen the enterprise and improve the competitiveness of products, according to the enterprise's strategic plan, join the new energy, new materials, new science and technology fields, constantly develop and cultivate new highlights and profit growth points, and strive to achieve the listing of the enterprise in about three years.

With the support of national industrial policies, the support and assistance of local governments, and the guidance of the company's "pragmatic, trustworthy, studious, and upward" corporate culture, we are confident in building the company into a first-class silicon based enterprise in the country, contributing to the local economic and social development. Our company firmly follows the path of going public, adheres to the deployment requirements of the Municipal Party Committee, Municipal Government, and County Party Committee and County Government, sets our listing goals, and steadily implements the listing work in a planned manner; Standardize a series of work such as finance, taxation, environmental protection, etc., strictly follow every procedure and submit every material to ensure that the enterprise smoothly passes the IPO approval stage. 2023 is the year for the promotion of the 14th Five Year Plan, and the company will definitely take this opportunity to strive for listing and achieve better leapfrog development.