Company Introduction - SGSB Group Co., Ltd. - Cardofcom
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Company Introduction
SGSB (Group) Co., Ltd. (SGSB Group) is a former Shanghai stock limited light system Shanggong Company and Office Machinery Co., Ltd. Shanghai Shen shell companies set up by a group of assets after the reorganization of enterprises. Business involving sewing equipment, office machinery, equipment and image fields of trade flows. In 2009, total assets (1.97838 billion yuan), the total share capital of 448,886,777, which accounted for 24.44%of Pudong New Area, the SASAC, the largest shareholder, domestic listed foreign B shares accounted for 54.34%.

According to "highlight the main business, sideline fade, retreat orderly, efficient optimization" business ideas, SGSB Group established the "
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core industrial sewing equipment, office machines and video equipment to a joint venture investment income for the economic support to trade and business operations for the contrast "direction of development; accordance with the" capital diversification, management intensive management of flat, profit maximization "management principles, to establish a research and development, production and sales of integrated core business architecture. Upon successful completion of the company's German Du Pua Chandler's M & A to accelerate industrial upgrading and sewing equipment to cultivate international brands "DA", Chinese Famous Brand "start work" "Butterfly" as a major strategic initiatives, the Group is Europe and Asia to step up integration of two businesses, efforts to create a successful multinational business on the road.

In recent years, the company unswervingly implement the "going out" and "bringing in" strategy to speed up industrial upgrading. Through Europe and to the production, sales integration of resources, while maintaining a high market share in Europe's advantage, while the DA through the introduction of advanced technologies and products, further expansion in China and Asia. The newly formed DUKEPU Aihua Industrial Manufacturing (Shanghai) Co., Ltd., DUKEPU Aihua Trading (Shanghai), and stage a sewing machine Co., Ltd (the new stage a) bigger and stronger domestic sewing equipment as the main business of the basic platform , is relying on the powerful German DA's research and development strengths to form a level of R & D system to further enhance the group's core competitiveness. In particular, the main product after a revolutionary restructuring of industrial sewing machines, "An ounce of" brand of industrial sewing equipment market advantage has become increasingly evident; the production of household sewing machines have been fully adjusted, the newly introduced Butterfly home computer embroidery, multi-function machine in Shanghai New light on the famous trade fair site selling hot. Integration of the adjusted domestic sewing equipment business is the main industry SGSB major economic growth point.

Currently, the Group is actively exploring new financing mergers and acquisitions, intended to seize the rapid development of capital markets and the desire for cooperation with industry, enterprises, state-owned major shareholder to actively support the favorable opportunity, through a private placement and production layout adjustment, product gradient transfer, and further cross-border mergers and acquisitions, to promote the "Eurasian interaction", "Yangtze River Delta linkage" and cross-border operations, and achieve sound and rapid development SGSB.

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