Company Overview of China Manufacturer - Guangdong Lesso Technology Industry Co., Ltd.

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	Business Type:	Manufacturer/Factory & Trading Company
	Main Products:	‪Kitchen Cabinet‬ , ‪Cabinet‬ , ‪Wood Door‬ , ‪Wardrobe‬ , ‪Custom Cabinets‬ , ‪Integrated Cabinets‬ , ‪...‬
	Number of Employees:	184
	Year of Establishment:	2007-02-07
	Management System Certification:	ISO9001:2015, ISO14001:2015, FSC
	Average Lead Time:	Peak Season Lead Time: 1-3 months Off Season Lead Time: 1-3 months

SGS Audit Report No. :

QIP-ASI251135 Verify Now | Read Free Report

English Introduction of China Lesso Group Holdings Limited

History

• In 1986, Xixi Plastic Hardware Factoryz was established in Shunde, Guangdong.

• In 1996, Lesso Company was founded and registered the Lesso trademark.

• In 2001, the first subsidiary outside Guangdong Province, the production base in Wuhan, Hubei, was established.

• In 2010, China Lesso was listed on the main board of the Hong Kong Stock Exchange with the stock code 2128.

• In 2011, the sales volume exceeded 10 billion yuan and entered the field of building materials and home furnishings.

• In 2019, Lesso signed a contract with Guangzhou Tianying and established Lesso Tianying, officially entering the agricultural field.

Performance

• In 2022, the group′s operating income reached 30.767 billion yuan.

• In the first half of 2024, the income decreased by 11.3% year-on-year to 13.564 billion yuan, the gross profit decreased by 12.5% year-on-year to 3.728 billion yuan, the profit during the period decreased by 29.2% year-on-year to 1.017 billion yuan, and the profit attributable to the company′s owners was approximately 1.043 billion yuan, a year-on-year decrease of 30.16%.

Business Scope

Its business covers sectors such as pipelines, building materials and home furnishings, environmental protection, new energy, and supply chain service platforms. Its products involve pipelines, photovoltaic new energy, plumbing and sanitary ware, integral kitchens, integral doors and windows, aluminum formwork materials and intelligent climbing frames, water purification equipment, waterproof and sealing glue, fire-fighting equipment, valves, wire and cable, lighting, sanitary materials, environmental protection, agricultural facilities, marine aquaculture cages and other fields.

Development Prospects

• Expansion of Overseas Markets: It will accelerate the pace of brand going global and localization by adopting the light asset and trade model, and focus on opening up overseas markets. In addition to the existing production bases in Indonesia, Cambodia, Thailand and Malaysia, it also plans to implement local production and sales localization in Tanzania and Vietnam.

• Diversified Business Development: It will continue to focus on the development of the pipeline business, actively carry out horizontal and vertical innovation in multiple fields, diversify pipeline products, develop and launch more new products, and gradually reduce the dependence on the application market of the real estate industry. At the same time, it will continue to give play to the synergy between the pipeline business and the building materials and home furnishings business and enrich sales channels.

• Technological Innovation and Intelligent Production: It will implement intelligent manufacturing, adopt new generation information technologies such as artificial intelligence and 5G communication technology, combine with digital operation management, and establish an intelligent factory integrating the Internet of Things, intelligent manufacturing and automated production to improve manufacturing strength.

Trade Capacity

International Commercial Terms(Incoterms):

FOB, CIF, CFR, EXW

Terms of Payment:

LC, T/T, D/P, PayPal, Western Union, Small-amount payment

Average Lead Time:

Peak Season Lead Time: 1-3 months, Off Season Lead Time: 1-3 months

Number of Foreign Trading Staff:

Export Year:

2008-03-02

Main Markets:

Domestic

Nearest Port:

Jiangmen Port
Guangzhou Port
Shenzhen Port

Import & Export Mode:

Have Own Export License

Production Capacity

Factory Address:

New Material Base, Gonghe Town, Heshan, Jiangmen, Guangdong, China

R&D Capacity:

ODM, OEM, Own Brand

No. of R&D Staff:

No. of Production Lines:

Above 10

Annual Output Value:

Above US$100 Million

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