SINOFILINGS / BUSINESS LIBRARY600176 / PUBLISHED
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China JushiFY2011Overview
FY2011 overviewProducts and glass-fiber technologyManufacturing basesProjects and construction progressSubsidiaries and invested companiesMarkets, customers and suppliersCash generation and working capitalDebt and related-party balancesOperating risks and business commitmentsSite operations and environmental evidence
Annual business review / fy2011-annual-selection-20261007

China Jushi FY2011: 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 2011-12-31 / Filing published 2012-03-19
Content version 14 / 9c861906b238 / PUBLISHED

Explore this year by topic

Products and glass-fiber technologyProducts, applications, research and commercial progress.Manufacturing basesManufacturing footprint and disclosed production capabilities.Projects and construction progressNamed projects, stages, capacities and construction evidence.Subsidiaries and invested companiesOrganizational roles, reported holdings, operating figures and reporting boundaries.Markets, customers and suppliersProduct and geographic economics, channels and disclosed trading relationships.Cash generation and working capitalCash flows, receivables, inventory and accounting context.Debt and related-party balancesFunding, maturities and related-party settlement obligations.Operating risks and business commitmentsBusiness risks, guarantees, integration commitments and treasury oversight.Site operations and environmental evidenceWorkforce and site-level operating disclosures, permits and evidence gaps.

Business and operating model

Historical issuer identity and the businesses inside the group

In FY2011 the listed issuer used the legal English name CHINA FIBERGLASS CO., LTD, abbreviated CFG, and Shanghai A-share code 600176. Its historical notes describe formation on 31 August 1998, while the corporate information gives first registration on 16 April 1999; listing followed on 22 April 1999. These are separate milestones. The predecessor was China Chemical Building Materials Co., Ltd, an English rendering of the historical Chinese name, and the report dates the change to China Fiberglass to 9 December 2004. The registered and office address was No. 10, West Third Ring Middle Road, Haidian District, Beijing. That corporate address should not be mistaken for a glass-fiber production base. The financial notes describe research, production and sales of new materials including glass fiber, together with commercial-property development and operation, housing-product chain operations and logistics. They identify Jushi Group and Beixin Technology Development as the two directly held subsidiary groups, with further subsidiaries below them. Consequently the consolidated annual figures cover a broader legal group than the glass-fiber product table or any individual factory. This historical identity provides the context for the annual business and subsidiary explanations; subsequent company names and addresses belong to later reporting periods.

Reported disclosureFY2011 annual report, p. 3 ↗FY2011 annual report, p. 4 ↗FY2011 annual report, p. 53 ↗FY2011 annual report, p. 54 ↗

Read the complete annual research snapshot

Sources and scope

What this guide establishes

  • This page presents selected business disclosures from the FY2011 full annual report. It is not an exhaustive extraction of every disclosure.
  • Event dates stated in the text may differ from the reporting year. Later events disclosed before filing are identified explicitly; later annual reports are not inserted into this historical account.
  • The Chinese source was translated and compared with the cited pages in separate passes by the same assistant. Independent editorial review and publication approval remain pending.
  • Capacity, production, sales, project budgets and construction expenditure are different measures. Repairs and programme phases are not automatically incremental capacity.
  • Whole-year important selection covers historical issuer identity and control, product development and qualification, existing production capability, projects and construction accounting, subsidiary and market perimeters, customer and supplier relationships, operating performance, funding, working capital, tax, profit attribution, workforce and resource use, material shareholder decisions and audit scope. All 135 source pages have been read and the 53 current explanations reread. This is material-content selection by the same assistant, not a line-by-line translation or independent editorial approval.
  • Historical source differences remain explicit: technical versus financial project progress, accounting balances versus retrofit budgets, original currency and precision, guarantee categories, the printed reserve-conversion arithmetic, depreciation and cash adjustments, and bond cash receipts versus closing debt. No unsupported reconciliation or later completion is inferred.
  • Patent cumulative stock is described as at-present; product uses and qualifications do not establish every customer order. Related-party pricing, impairment and control statements remain attributed to the issuer. The separately referenced controls special report has not been independently assessed. Source-use basis and independent editorial review remain pending.
FY2011 full annual report ↗
Chinese / A-share / Chinese Accounting Standards / Published 2012-03-19
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