SINOFILINGS / BUSINESS LIBRARY600176 / PUBLISHED
Project dossier / object-dossiers-v1

Tongxiang automated warehouse for the 600,000-tonne base

Project / Background, reported developments and evidence

Selected disclosures assembled into a continuing object history. Associated business context retains its own company, product or site scope. Source-page links provide optional verification; the English account is intended to stand on its own.

Source reporting periods through 2014-12-31 / Company library through 2025-12-31
Content version 30 / deea6484e3c3 / PUBLISHED

At a glance

Record type
Project
Earliest source in this dossier
FY2013
Latest source in this dossier
FY2014
Company
China Jushi / 600176

Read the dated construction and operating milestones below. An installation stage or an engineering-progress percentage does not establish actual production. A programme and its component lines may describe the same capacity at different levels.

Location and identification

Exact physical address and coordinates have not yet been verified for this record.

Verified site coordinates: unavailable. No city-centre point is displayed as a plant location.

Reported measurements

Only measurements attached to this record are shown. Values retain their original reporting scope; rows are not summed into an asset total.

MeasureValuePeriod / scopeSource
Project budgetRMB 192,217,9002014-12-31reported engineering row / reported engineering rowFY2014, p. 90
Annual construction additionsRMB 91,029,571.32014-01-01 to 2014-12-31reported engineering row / reported engineering rowFY2014, p. 90
Construction in progress at year-endRMB 91,131,571.32014-12-31closing cip table / closing cip tableFY2014, p. 88
Engineering progress90 percent2014-12-31reported engineering row / reported engineering rowFY2014, p. 90
Project budgetRMB 192,217,9002013-12-31management project table / management project tableFY2013, p. 15

The following sections retain the full available English descriptions and their source context. Associated business context describes its named product or base.

FY2014 / Disclosed developments

Open FY2014 company review

The automated warehousing centre supporting the 600,000-tonne glass fiber base was marked complete, with a project amount of RMB 192.2179 million and cumulative investment of RMB 114.864 million. Its purpose is logistics and storage for the base. The capacity of the base being served is not the production capacity of a warehouse. This observation follows the 2013 preparation-stage proposal.

The automated warehouse expansion supported the Tongxiang base described as producing 600,000 tonnes of glass fiber annually. That base scale is not new glass-fiber capacity created by a warehouse. The financial note says construction started in January 2014 and the warehouse was built in January 2015, a subsequent completion disclosed in the FY2014 report. The important-project table gives a budget of CNY 192,217,900.00, current additions of CNY 91,029,571.30 and engineering progress of 90%. The separate closing construction-in-progress table explicitly gives CNY 91,131,571.30. The original image of the important-project table places the same amount in the closing-balance column, corroborating the separate closing table. The warehouse's other-decrease cell is blank; text extraction that loses the grid must not be used to shift the amount into that column or invent a source conflict. The board investment table's completed label and cumulative investment of 11,486.40 ten-thousand CNY therefore should not be equated with the financial note's year-end construction balance or used to move the January 2015 completion into 2014.

Project budget / 2014 / reported engineering row
RMB 192,217,900
Annual construction additions / 2014 / reported engineering row
RMB 91,029,571.3
Construction in progress at year-end / 2014 / closing cip table
RMB 91,131,571.3
Engineering progress / 2014 / reported engineering row
90 percent

FY2013 / Disclosed developments

Open FY2013 company review

The proposed automated warehouse supports the Tongxiang glass-fiber base described as having 600,000 tonnes of annual production capacity. That base scale is the warehouse's service perimeter; it is not extra fiber capacity created by storage equipment. The management table records a CNY 192,217,900 project amount, zero annual and cumulative investment, preparation without a construction start, and expected completion in the second half of 2014. The financial important-matters note supplies subsequent-period information: construction started in January 2014, with a two-year planned schedule and expected completion in December 2015. It says the building would be completed as one component and the automated storage installation constructed in two phases. The expected dates therefore differ within the report. The January start is explicitly after the FY 2013 year end, and neither planned finish date is presented as a realized completion. The cited passages do not quantify storage throughput, inventory-cycle improvement or a project return.

Project budget / 2013 / management project table
RMB 192,217,900

Sources and scope

What this guide establishes

  • Reporting years identify the source filings. Actual event dates are retained in the text and may differ from the reporting year.
  • The latest disclosure year for this object is not confirmation of its current operating status. Coverage is selected, not an exhaustive account of every report.
  • Capacity, output, sales, construction progress and expenditure are separate measures. Programme and component capacities are not added together.
  • Company contact addresses are location leads. They do not establish exact plant boundaries or the footprint of individual projects.
FY2013 full annual report ↗
Chinese / A-share / Chinese Accounting Standards / Published 2014-03-19
PDF SHA-256: 95d20729281439b11b9ef2fe5f86ca19007a1f9d5b239ced1aedce9aad8128c3
FY2014 full annual report ↗
Chinese / A-share / Chinese Accounting Standards / Published 2015-03-18
PDF SHA-256: 9651c42a65e7a7d89ad49652e39914807223f94f462ee75c8e8522e293c2741a