Summary of duties

Taishen Holdings is a domestic white goods plastic and plastic parts processor, including manufacturing and processing paint and plastic exterior parts, while White goods refers to household washing machines and household refrigerators. The head office is located in Anhui Province at that time. According to the 2016 sales revenue, it is the largest white household plastic and plastic parts processor in Anhui Province, China. At the same time, it is going through several production bases. The main business is to paint, plastic and bake paint, paint and UV paint plastic parts, and purchase parts, while customers are generally well-known leading brands, including white home parts processors and manufacturers such as Midea and TCL.

Thank you very much.

Jihua has rich professional knowledge of manufacturing and processing and excellent quantity control to ensure the quality of the products.

There is a stable source of raw materials.

The production base is located in Anhui Province, which is close to the Yangtze River, and has a strategic position.

Negative factor

The cost of selling may continue to rise.

Services generally rely on the short-term budget list of major customers

Supply raw materials to the market according to third-party suppliers

The purpose of the income

About 22.1% is used to increase the production capacity of rolling parts through the automatic production line, seven machines and required moulds.

About 22.7% is used to collect a new batch of processing materials to increase the output of plastic parts and related labor costs.

About 14.9% is used to collect a new batch of processing materials to increase the output of lacquer parts and related labor costs.

About 36.2% is used to repay part of the bank loan.

About 4.1% is used for general financial assistance.