Bathroom Cabinets “Dominate The World”. Fi 2021, The Revenue Exceeded 320 Miljun. This Enterprise Listed On The New Third Board.

Kitchen And Bathroom Headlines

Bathroom Cabinets “Dominate The World”. Fi 2021, The Revenue Exceeded 320 Miljun. This Enterprise Listed On The New Third Board.

Zhejiang TONA Home Co., Ltd, minn hawn 'il quddiem imsejjaħ “TONA Home”, disclosed its public transfer prospectus on March 8, 2022. The company’s listing materials on the National Small and Medium-sized Share Transfer System (It-Tielet Bord Ġdid) ġew aċċettati uffiċjalment. In-numru totali ta 'ishma elenkati huwa 35 miljun sehem, and the sponsor broker is Xiangcai Securities Co.

Revenue in 2021 exceeded 320 miljun, with a year-on-year growth trend

Skont il-prospett tat-trasferiment pubbliku, TONA home formerly known as Linhai TONA Sanitary Ware Co. F'Ottubru 29, 2021, it changed to a joint-stock company as a whole. Il-kapital reġistrat tal-kumpanija huwa 35 Miljun wan. Its legal representative is Shen Rongyan, who directly holds 22,312,500 shares of the company, accounting for 63.75% of its total share capital.

TONA Home’s main business is the design, research and development, production and sales of bathroom home products, covering the full range of bathroom furniture, Bathtubs, bathrooms, intelligent toilets and other bathroom home products. The company’s “TONA” brand was awarded as “Zhejiang Export Famous Brand” by the Department of Commerce of Zhejiang Province. It has been recognized as a national high-tech enterprise for many years and has been awarded the title of “Zhejiang Patent Demonstration Enterprise”. Its products have won the German iF product design award, Cotton Tree China Design Award, Milan Allora “Best Design Award” and other awards.

According to the disclosure, TONA home mainly adopts the “produzzjoni bbażata fuq il-bejgħ” mudell. Il-proċess tiegħu jinkludi prinċipalment l-ordni tal-klijent, dipartiment tal-produzzjoni jirranġa l-produzzjoni, warehouse arranges delivery, customer receipt, eċċ. Fi 2019, 2020 u Jannar-Ottubru 2021, TONA Home’s revenue will be 242 miljun wan, 298 miljun wan u 318 miljun wan rispettivament, with an overall trend of year-on-year growth. Its corresponding net profit is RMB 0.12 biljun, RMB 0.27 biljun u RMB 0.18 billion respectively, b'kurva tat-tkabbir differenti minn dik tad-dħul operattiv.

Skont il-kategorija tal-prodott, bathroom furniture is the main product of TONA Dar. Din il-kategorija kienet responsabbli 89.81% tal-bejgħ totali tal-kumpanija minn Jannar sa Ottubru 2021, filwaqt li kmamar tal-banju bathtub, smart toilets u oħrajn ammontaw għal 4.15%, 2.20% u 3.85%, rispettivament. Għalkemm it-tojlit intelliġenti ammonta għal persentaġġ żgħir, it-tkabbir kien qawwi relattiv għall- 0.03% sehem fi 2019. Madankollu, TONA Home mentioned that the company has not yet established a production line for smart toilets. The company uses its own mastered technology to complete the design of the toilet, based on the production of the product to other manufacturers to perform. Other manufacturers produce and complete TONA brand labeling in the original factory and then sell.

Unità: Yuan

The proportion of exports is over 80%. It has subsidiaries in the United States, il-Ġermanja, Indoneżja u pajjiżi oħra

Skont il-prospett tat-trasferiment pubbliku, export business is the main business of TONA Home. Fi 2019, 2020 u Jannar-Ottubru 2021, l-ammont tad-dħul mill-bejgħ tal-esportazzjoni fid-dħul tan-negozju prinċipali tal-kumpanija huwa 217 miljun wan, 243 miljun wan u 250 miljun wan, accounting for 89.51%, 81.57% u 78.54% tad-dħul tan-negozju prinċipali, rispettivament. TONA mainly exports to Europe, Amerika u postijiet oħra, and the main settlement currency is U.S. dollar.

The public transfer prospectus also discloses the top five sales customers of TONA Home in recent years. Fosthom, minn Jannar sa Ottubru 2021, the top five customers are LEGIO SALES BELGIUM N.V., MAXEDA DIY GROUP, DISTRIBUTION SANITAI RE CHAUFFAGE, NEXTREND GMBH, CUBICO UK LTD. They contributed a total operating revenue of NT$95 million, accounting for 29.88% of the operating revenue.

Unità: Yuan

TONA Home mainly sells to the outside world in the form of ODM, and expands overseas customers mainly through channels such as Canton Fair and KBIS exhibition. They obtain customer information at trade fairs and determine customer ordering intentions through continuous communication and sending product information or samples. Their overseas customers are mainly located in Europe, North America and other regions. Barra minn hekk, TONA Home currently has several subsidiaries in the United States, il-Ġermanja, Indoneżja u pajjiżi oħra.

TONA Home said that the company will expand domestic and international business simultaneously in the future, of which domestic sales will continue to promote the dual-engine strategy of channel and engineering to accelerate the overall expansion of the market. Barra minn hekk, TONA home will be in the brand building, talent ladder construction, żvilupp tal-prodott, espansjoni tal-kapaċità u titjib fil-ġestjoni.

Many sanitary ware enterprises have been listed on the “It-Tielet Bord Ġdid”

The national small and medium-sized enterprise share transfer system, commonly known as the “It-Tielet Bord Ġdid”, is the third national securities exchange after the SSE and SZSE. This is also China’s first corporate system operating securities trading venues. Skont data pubblika, fi 2021, the turnover of the New Third Board listed companies was 214.816 biljun wan, b’rata ta’ turnover ta’ 17.66%. Mill-aħħar ta’ Diċembru 2021, the total number of NSS listed companies was 6,932, b'kapitalizzazzjoni totali tas-suq ta' 228.454 biljun wan u proporzjon tal-prezz għall-qligħ ta ' 20.48 drabi.

Minħabba l-limitu relattivament baxx għall-elenkar, it-Tielet Bord il-Ġdid sar pjattaforma preferuta għal intrapriżi żgħar u ta' daqs medju f'diversi industriji biex jiġbru fondi għall-elenkar, and many bathroom companies have previously landed on the New Third Board, Koyi, Mengjia Intelligence, Xiya Technology were listed on the New Third Board in December 2015, Awissu 2016, and September 2021.