Kairuide Holding Co., Ltd. (002072)

Overview

Kairuide Holding Co.,Ltd., established in 1958 and based in Jingmen, China, is a diversified company primarily engaged in the trading of coal within the Chinese market. The company has expanded its operations to encompass three main segments: Coal, Property Leasing, and Internet Acceleration. Originally known as Shandong Demian Incorporated Company, it underwent a name change to Kairuide Holding Co.,Ltd. in November 2014, reflecting its broadened scope and commitment to growth. Through its various divisions, Kairuide Holding Co.,Ltd. not only focuses on the procurement and sale of coal products but also explores opportunities in property leasing and the provision of cutting-edge internet services, showcasing its adaptability and foresight in the evolving business landscape.

Products and Services

Under its diverse business model, Kairuide Holding Co.,Ltd. offers an extensive range of products and services across different sectors:

• Coal Trading

  The core of Kairuide's business revolves around the procurement and sale of various coal products. This segment caters to the high demand for coal in China, supplying various industries with essential resources for energy production and manufacturing processes.

• Property Leasing and Management

  Expanding beyond its origins, Kairuide also engages in the external leasing and management of investment real estate. This part of the business focuses on generating revenue through the strategic utilization of property assets, thus diversifying the company's income sources.

• Wholesale and Retail

  The company's portfolio includes the wholesale and retail distribution of coke, daily sundries, and more. This ensures a steady flow of consumer goods to meet the daily needs of various customer segments.

• Internet Traffic Procurement and Bandwidth Optimization

  Recognizing the critical role of internet services in modern business, Kairuide offers internet traffic procurement and bandwidth optimization technical services. This segment aims to enhance the efficiency of online operations for businesses through improved connectivity and speed.

• Metallic and Non-metallic Ores

  In addition to coal, the company has also ventured into the trading of metallic and non-metallic ores, further broadening its mining and resources division. This diversification reflects Kairuide's strategic approach to tapping into different segments of the resources market.