For the transfer of the shares of Tiantong and the two companies, Boshen Tools stated that the equity assets are not related to the main business of the company, and the transfer of the assets is beneficial to the company to continue to do the main business and optimize the company's asset structure. According to the company's announcement, the above equity transfer will increase the net profit of Boshen Tools in 2012 by approximately 25.76 million yuan.
Another announcement issued by Boshen Tools on the same day said that on December 10, the US Department of Commerce announced the results of the second annual administrative review preliminary ruling. The company obtained a separate tax rate of 35.09%, which will reduce the company's 2012 net profit by approximately 18 million. yuan.
In this regard, the relevant person in charge of Boshen Tools said that the diamond tool production base invested and built by the company in Thailand has been put into production, which will fundamentally solve the anti-dumping risks faced by the company.
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About our company:
Gong Loon Industries Limited was established in 1986 . We are manufacturing the quality glass products, e.g. Glass Mosaic tiles and container of glass for different pattern of industries. Headquartered in Hong Kong, with factory in Jiengmen, China. Our factory plants around 36000 sq. meters and around 400 employees. In 1998, we launched the private brand: HK Pearl to entry the oversea markets, up to now, We have been shipping glass products worldwide for 20 years to over 70 countries, especially in U.S.A, Europe and Asia Pacific. As a manufacturer of glass products in the world. High quality, competitive price and after sales services are essential elements.
Kitchens,Bathrooms,Glass,stone,tiles
Gong Loon Jadeite Manufacture Co.,Ltd , https://www.bluebird-mosaic.com