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Fuyao Glass: good example of social responsibility

Post Time:Dec 16,2009Classify:Company NewsView:456

Fuyao Group is a joint venture corporation founded in 1987 in Fuzhouspecialized in production of automotive safety glass and industrial technological glass, and is the first company of the trade in China listed in the Shanghai Stock Exchange in 1993 named Fuyao Glass with the share code number 600660. The group has over 10000 employees and built automotive glass production bases in Fuqing, Changchun, Chongqing, Shanghai, Guangzhou, and Beijing and the modern float glass production bases in Fuqing of Fujian, Shuangliao of Jilin, Tongliao of Inner Mongolia, and Haikou of Hainan, and has established a complete production and sales network across the country. The total assets have accrued from 6.27 million yuan when registered in 1987 to 9.0 billion yuan of the present. It is a transnational company with business offices in America, Japan, Korea, Australia, Russian, Germany, West Europe, and East Europe, etc.

 

The CEO, Cao Dewang is dedicated to the Philanthropy by reducing his holding shares. But the group's share price is still keeping a increasing trend. Cao is a good example of social responsibility. The company insists on social responsibility orientation of “Reciprocate the society by green products, protect environment by system”. Fuyao Glass has already won the trust and support from customs all over the country and abroad.

 

Source: GlassInChinaAuthor: shangyi

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