Fuhuang(SZ:002743)2022-12-06 23:52Group 1: Financial Performance - The company signed new sales contracts totaling RMB 119,174.52 million in the first half of 2016, representing a significant increase of 98.24% year-on-year [1] - The second quarter saw a substantial growth in new orders due to enhanced market development efforts and improved sales strategies [2] Group 2: Strategic Advantages - The company possesses comprehensive qualifications and high-level certifications, making it one of the few general contracting enterprises in the steel structure industry [2] - The implementation of a new sales policy and restructuring of the sales team has led to improved market expansion and customer retention [2] Group 3: Future Growth and Capacity Expansion - The non-public offering of shares will fund projects that will add 120,000 tons of capacity in the steel structure industry and 100,000 sets in the wooden door industry [3] - The new production lines will utilize advanced technology imported from Germany and Italy, enhancing product standardization and efficiency [3]