Profile: China Ceramics Co Ltd (CCCL.O)
26 Apr 2017
China Ceramics Co., Ltd., incorporated on September 20, 2009, is a manufacturer of ceramic tiles used for exterior siding and for interior flooring, and design in residential and commercial buildings. The Company's ceramic tiles, sold under the HD or Hengda, HDL or Hengdeli, Pottery Capital of Tang Dynasty, TOERTO and WULIQIAO brands, are available in over 2,000 styles, colors and size combinations. The Company operates in the segment of manufacturing and sale of medium to high-end ceramic tiles. Its geographical segment is People's Republic of China (PRC). The Company has five principal product categories: porcelain tiles, glazed tiles, glazed porcelain tiles, rustic tiles and polished glazed tiles. Its ceramic tiles are used for flooring, interior walls for decorative purposes and on exterior siding. Its manufacturing facilities operated by Jinjiang Hengda Ceramics Co., Ltd. are located in Jinjiang, Fujian Province, and its manufacturing facilities operated by Jiangxi Hengdali Ceramic Materials Co., Ltd. are located in Gaoan, Jiangxi Province. Combined, these facilities provide an aggregate annual production capacity of approximately 70 million square meters.
The Company has over 10 production lines, with each production line optimized to manufacture specific size ranges. The Company primarily sells its products through a distributor network or directly to property developers. Distributors are located in cities, such as Shanghai, Beijing and Shenyang, and second and third tier cities, such as Chengdu, Haikou, Hefei, Tianjin, Wuhan and other rural areas in the PRC. Porcelain tiles are fired at extreme temperatures. Glazed tiles have a glossy finish and color patterns may be added to the exterior surface of the tile. The glaze does not go beyond the exterior surface of the tile and the interior color will show if the tile is chipped. Glazed porcelain tiles combine the advantages of porcelain tiles and glazed tiles, thus enabling the tiles to have a porcelain body with a glossy finish. The Company constructed a production line to manufacture glazed brick ceramic tiles in its Hengdali facility, which is engineered to be a roofing solution for both high rise apartment buildings and housing projects, and it complements its existing ceramic tile building siding products.
The Company competes with Guangdong White Rabbit Ceramics, Foshan Shiwan Yulong Ceramics Co., Ltd, Jinjiang Haoyuan Ceramics, Co., Ltd, Jinjiang Wanli Ceramics Co., Ltd, Jinjiang Tengda Ceramics Co., Ltd and Jinjiang Haoshan Construction Materials Co., Ltd.
China Ceramics Co Ltd
c/o Jinjiang Hengda Ceramics Co.
Anhai, Jinjiang City
Junbing Industrial Zone
QUANZHOU FUJ 00000