Zhongfu Straits (000592)

Overview

Zhongfu Straits (Pingtan) Development Company Limited, initially established as Fujian Zhongfu Industries Co., Ltd in 1993, underwent a name change in May 2014 to better reflect its expanded scope of operations. Headquartered in Fuzhou, China, the company has grown its footprint both domestically and internationally, engaging in an array of industries related to forest products, agricultural supplies, and property construction. The company's vast array of operations showcases its commitment to diversification, tapping into different markets to fuel its growth and broaden its impact across various sectors.

Products and Services

• Fiberboard Products

  The company processes and sells a variety of fiberboard products, catering to the varied needs of the construction and furniture manufacturing industries. These products are crucial for a wide range of applications, including interior decoration, furniture design, and building construction, exemplifying the company's role in contributing to the forestry product market.

• Seedling Cultivation and Tree Planting

  Engaging in the cultivation of seedlings and tree planting indicates the company's involvement in reforestation and sustainable forestry practices. By producing and selling forest seedling products, Zhongfu Straits (Pingtan) Development plays a role in environmental conservation while supporting the timber and paper industries.

• Tobacco Fertilizers

  Zhongfu Straits (Pingtan) Development supplies tobacco companies with specialized fertilizers, highlighting its capabilities in producing agricultural inputs tailored to the unique needs of the tobacco growing sector. This service not only diversifies their product offerings but also establishes the company as a vital contributor to the agricultural supply chain.

• Wood Trading and Logs

  The company trades in wood and logs, serving as a critical link between forestry operations and the market. This trading activity covers a broad spectrum of wood types, catering to the demands of various industries, including construction, furniture manufacturing, and paper production.

• Pulp and Related Products

  In addition to wood, Zhongfu Straits (Pingtan) Development is involved in trading pulp and pulp-related products. This side of the business supports the paper manufacturing industry, providing raw materials essential for the production of paper goods, ranging from packaging materials to office and printing papers.

• Construction Projects

  The company also engages in constructing residential, commercial, hotel, and office properties, underscoring its versatility and the breadth of its operations. This venture into the property construction sector enables the company to capitalize on the growing demand for infrastructure development in China and beyond.