Zhongfu Straits Pingtan Development Co., Ltd. (000592)

Overview

Zhongfu Straits (Pingtan) Development Company Limited, originally known as Fujian Zhongfu Industries Co., Ltd., underwent a name change in May 2014 to reflect its diversified operations and geographic focus. Founded in 1993 and based in Fuzhou, China, the company has established itself in both the national and international markets. It specializes in the processing and distribution of forest products, and its activities extend far beyond to include the cultivation of seedlings, property construction, and the sale of various related products. The company’s operations are multifaceted, covering areas from agriculture to real estate, showcasing its ability to adapt and grow in various industry segments.

Products and Services

• Fiberboard Products

  Zhongfu Straits provides a wide range of fiberboard products, catering to the needs of both domestic and international markets. These are essential for various construction and manufacturing industries, highlighting the company's role in the building materials sector.

• Seedlings and Tree Planting

  Engaging in the cultivation of seedlings and tree planting demonstrates the company's commitment to sustainability and reforestation. They offer forest seedling products, which are crucial for reforestation projects and agricultural purposes.

• Tobacco Fertilizers

  Zhongfu Straits also sells tobacco fertilizers, specifically formulated for tobacco companies. This specialized product indicates the company's ability to cater to niche markets within the agricultural sector.

• Wood Trading and Logs

  The company is involved in wood trading and the sale of logs, servicing a vast market that requires raw materials for construction, manufacturing, and paper production.

• Pulp and Pulp Related Products

  By offering pulp and related products, Zhongfu Straits meets the demand of the paper and packaging industries, further diversifying its product range within the forestry sector.

• Property Construction

  Zhongfu Straits has expanded into the property construction sector, undertaking projects that include residential, commercial, hotel, and office properties. This diversification showcases the company’s ability to leverage its expertise in various areas, fulfilling market demands in real estate development.