The Kingboard Laminates Group established its first laminate manufacturing plant in 1988 in Shenzhen, the PRC, and began producing paper laminates in 1989. After that , our Group embarked on a path of rapid horizontal and vertical growth. Horizontally, the Kingboard Laminates Group expanded its production of new laminate products, including glass epoxy and flame retardant paper laminates. Vertically, the Kingboard Laminates Group expanded into the production of key upstream component materials, including copper foil, glass yarn, glass fabric, bleached kraft paper and epoxy resin. The copper foil operation based in Fogang, the PRC, was spun off for listing and listed on the SGX in 1999 under the name Kingboard Copper Foil. In December 2006, the Group successfully listed on the main board of The Stock Exchange of Hong Kong Limited.
These developments have placed our Group in a competitive position by optimizing economies of scale and achieving cost efficiencies through a vertically-integrated manufacturing business model. We currently operate more than 20 manufacturing plants in southern and eastern China Our group plans to further expand in the PRC to meet the growing demand for laminate and laminate-related products, driven by the growth in the global market for electronics products.
We are a leading vertically-integrated electronics materials manufacturer, specializing in the production of laminates, including glass epoxy laminates, paper laminates and CEM laminates. According to the latest report issued by Prismark Partners LLC, the Group maintained its No.1 position in the world for the sixth consecutive year with a global market share of 14.3% in 2010.