|
|
|
|
|
|
| |
 |
|
|
The Kingboard Laminates Group established its first laminate manufacturing facility 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.
These developments have placed our Group in a competitive position by optimizing economies of scale and achieving cost efficiencies through a vertically-integrated manufacturing process. We currently operate 16 |
|
|
|
|
|
|
manufacturing facilities in southern and eastern China and are pursuing a strategy of further expansion in the PRC to meet the growing demand for laminate and laminate-related products, demand for which is driven by the worldwide growth in the 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 JMS, we |
|
|
were the global leader in rigid laminates in 2005, with a market share of approximately 9.9% in terms of production value. We were also one of the first foreign companies to manufacture and sell laminates in the PRC.
Laminates are used in the production of PCBs. PCBs in turn are used in the production of a wide variety of electronics products, ranging from relatively simple consumer products such as toys, electronic games and audio visual equipment, to more sophisticated products such as mobile phones, PDAs, computers, and networking and telecommunications devices. Other products in which PCBs are used include automotive components and advanced medical equipment. In order to secure a stable source of upstream component materials used in laminate production at a lower cost than would otherwise be available from third-party suppliers, we produce glass yarn, glass fabric, bleached kraft paper, copper foil and epoxy resin. Although small quantities of some of these upstream component materials are available for external sale, we consume internally most of the upstream component materials we produce.
All of our production facilities are located in the PRC's primary electronics manufacturing centers in Guangdong province and Jiangsu province. We believe that the location of our operations strategically positions us to benefit from the growing market for laminates in the PRC, as the number of electronics assembly plants located in the PRC increases in response to the growing global and PRC demand for electronics products. By the end of 2005, our customer base had grown to more than 1,000 customers.
|
|
|
|
|
|
|
|
|
|
|
|
|
