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Annual business review / fy2006-field-scopes-20261007

China Jushi FY2006: Business overview

Annual operating overview and a source-linked guide to the detailed research topics.

Evidence-linked English operating research. The source and stated coverage below define the scope of this version. Source-page links provide optional verification; the English account is intended to stand on its own.

Reporting period ended 2006-12-31 / Filing published 2007-04-12
Content version 5 / 75c63df3f4ce / PUBLISHED

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Business and operating model

Three production bases and a larger manufacturing scale

The group reported main-business revenue of RMB 2.0168014 billion in 2006 and stated glass fiber production capacity of 380,000 tonnes. Its wider business scope continued to include new materials, commercial property, and home-product chain distribution and logistics. Jushi Group was 59.90%-owned. The year's expansion was described through distinct projects at Tongxiang, Chengdu and Jiujiang, rather than one undifferentiated group-capacity increase.

Plans and reading context

The 2007 plan for products and capacity

Management planned to complete and stabilise the 120,000-tonne line, improve the electronic-fabric, Chengdu and Jiujiang lines, and finish the Zhejiang, Chengdu and Jiujiang bases. The plan envisaged capacity exceeding 500,000 tonnes by the end of 2007. It also sought higher-value products and downstream activities while reducing exposure to lower-end markets. Planned year-end capacity is not reported 2006 production or a confirmed 2007 outcome.

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Sources and scope

What this guide establishes

  • This historical account covers the manufacturing business, products and geographic sales, process and commissioning claims, individual construction projects and plans, production assets and factory title conditions, working capital and cash, borrowing and interest, subsidiary and associate results, control and share reform, distributions and capital proposals, related commerce and funding, guarantees and recovery litigation, original parent/consolidated accounting, profit quality, historical tax and financial assurance. Capacity, annual output, sales, accounting balances, investment and cash retain their different meanings.
  • Material source differences are stated explicitly: project investment units/amounts, ignition and formal/trial production milestones, fabric units, printed cost growth, guarantee categories and amounts, dividend proposal/payment timing, investment amortization/impairment signs and accounting transition vintage. Their underlying evidence is preserved; the contradictory investment unit does not establish a reconciled project budget.
  • The FY2006 reporting vintage and closing holdings are retained. January2007 capital/trademark events and the opening-equity transition are separately dated; the limited transition review is not an audit or independent approval of this English account.
  • Exact coordinates, every permit/certificate, complete product specifications, actual annual line utilization and all customer orders are not established. Source-use basis and independent editorial review remain pending.
  • The year-end receivable balances retain this report's original consolidated scope; later comparative revisions remain separate. The Tongxiang total investment amount is specifically the page 20 disclosure, not a reconciled project budget or annual investment cash expenditure. The contradictory page 14 unit remains in the project account.
FY2006 full annual report ↗
Chinese / A-share / Chinese Accounting Standards / Published 2007-04-12
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