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Market

Dongpeng Holdings Company Limited Announces 2014 Interim Results

Revenue Increased by 27.4% to RMB1,623.9 Million

Profit Attributable to Owners of the Company Surged by 47.7% to HK$179.1 Million

HONG KONG, Aug. 27, 2014 /PRNewswire/ —

Financial Highlights	For the six months ended 30 June（RMB Million）
Financial Highlights	2014 (Unaudited)	2013 (Audited)	Change %
Revenue	1,623.9	1,274.7	+27.4%
Gross profit	579.5	473.4	+22.4%
Gross margin	35.7%	37.1%	-1.4pts
Profit attributable to owners of the Company	179.1	121.2	+47.7%
Net Profit Margin	11.0%	9.5%	+1.5pts
Basic earnings per share	RMB0.14	RMB0.13	+7.7%

Dongpeng Holdings Company Limited (“Dongpeng” or the “Company” and, together with its subsidiaries, the “Group”, Stock Code:3386), the largest ceramic tile company in China, announced its interim results for the period ended 30 June 2014 (the “Period”).

In the first half of 2014, the Group leveraged its dual sales model of direct sales and third party distributors to continuously realize an effective and efficient expansion strategy, increase market recognition of “Dongpeng” brand, expand the customer base, deliver high quality customer services, and further enhance the Group’s leading position in the industry. During the Period, the Group’s total revenue amounted to approximately RMB1,623.9 million, representing an increase of 27.4% (1H2013: approximately RMB 1,274.7 million). The increase in total revenue was primarily attributable to an increase in the sales of the high-end glazed tile products and bathroom products.

During the Period, the Group recorded the gross profit of RMB579.5 million, representing an increase of 22.4% over the corresponding period last year (1H2013: approximately RMB473.4 million). The gross profit margin slightly decreased 1.4 percentage points to 35.7% (1H2013: 37.1%). Profit attributable to owners of the Company was approximately RMB179.1 million (1H2013: approximately RMB121.1 million), representing a significant increase of 47.7% as compared to the same period last year.

Business Review

	For the six months ended 30 June（RMB Million）
	Revenue		Change	% of Total Revenue
	2014 (Unaudited)	2013 (Audited)	%	2014	2013
Unglazed Tile Products	647.6	621.8	+4.1%	39.9%	48.8%
Glazed Tile Products	754.5	596.9	+26.4%	46.4%	46.8%
Subtotal	1,402.1	1,218.7	+15.1%	86.3%	95.6%
Bathroom Products	221.8	56.0	+295.8%	13.7%	4.4%
Total Revenue	1,623.9	1,274.7	+27.4%

Ceramic Tile Business

The ceramic tile business is mainly consisted of the sales from unglazed tile products and glazed tile products. During the Period, revenue from glazed tile products increased by 26.4% to RMB754.5 million (1H2013: RMB596.9 million), while revenue from unglazed tile products increased by 4.1% to RMB647.6 million (1H2013: RMB621.8 million).

The Group’s continuous sales and marketing efforts and expansion of sales channels sustained the growth of the ceramic tile business during the Period. The Group newly increased 216 retail outlets (including self owned and third party operated) to the total number of 1,825, covering over 600 cities across all provinces in China. Meanwhile, the Group continued to devote significant resources into technological innovation, new product design and development, and introduced 19 new product series including the glossy glazed tiles product series, namely Iran White Jade series, Cappuccino series and landscape stone series, and the unglazed tiles product series, namely matt supreme travertine series and world travertine series. In addition, the Group continued to expand and diversify the product of ceramic chips into the mass-market products and boosted the sales growth. At the same time, sales of the antique-inspired tiles also ramped up and their usage in real estate projects increased.

Bathroom Products Business

The acquisition of Dongpeng Sanitary Ware in May 2013 significantly promoted the bathroom products business with the revenue increased by 295.8% to RMB221.8 million (1H2013: RMB56.0 million). In July 2014, the Group acquired 62% equity interests in Innoci in order to expand its business in the mid to high-end bathroom product market. Leveraging excellent product design capabilities and brand positioning of Innoci’s talented and experienced product design team, as well as production capacity, distribution channels and logistic advantage of the Company, it will bring new momentum to Dongpeng to expand its business and sales in the contemporary and design-driven market sector, propelling the long-term steady development of the bathroom product business.

Utilization of On-line Sales Platform

Due to changing consumers’ shopping habits, the Group has increased its online sales effort. During the first half of 2014, the Group has conducted online marketing sales events across China with many well known internet portals, including Jia.com, CityTogo.com, Meilele.com, 17house.com, to8to.com, etc. These online sales events allow the Group to reach out to customers, and capture new market shares rapidly. For illustration, regarding the strategic collaboration with Jia.com, the Group planned to set up 11 provincial experience centers across China, of which 5 are already opened and the remaining 6 centers are under renovation. Further, there were a total of 14 marketing sales events with Jia.com during the six months ended 2014, each highly successful with an attendance of over 1,200 people.

Looking ahead, the Group will strive to achieve greater synergic effect between its ceramic tile business and bathroom products business. The Group will also draw on the high-end stylish positioning of Innoci to strengthen its brand recognition and solidify its leading market position in the PRC ceramic tile market. Furthermore, the Group will increase its effort in cross selling, enhance distributor management, improve its product mix and operational efficiency, as well as allocate more resources into the development of online sales channels so as to seize the business opportunities in the online consumer market and create connections between online and offline stores.

Mr. He Xinming, the Chairman of Dongpeng said, “China’s economy is expected to maintain its steady growth in the second half of 2014. In addition, as the home decoration and improvement market has always been less volatile in comparison to the property market, the Group believes that continued urbanization, increasing in per capita disposable income, growing demand for home renovation and upgrading activities will continue to fuel China’s home decoration and renovation market in the second half of 2014. Leveraging on the long-established Dongpeng brand, its outstanding operational, marketing and logistics efficiencies and direct access to the capital market after the IPO, Dongpeng will actively expand its business and optimize nationwide sales network, bringing returns to its shareholders.”

About Dongpeng Holdings Company Limited

Dongpeng Holdings Company Limited is the largest ceramic tile company in China with leading market share in high-end ceramic tiles market in China. Dongpeng designs, develops, produces, markets and sells a wide variety of ceramic tile and bathroom products sunder the “Dongpeng” brand, which has been recognized as the most valuable brand in the industry among China’s 500 Most Valuable Brands by the World Brand Laboratory for eight consecutive years. Dongpeng manages an extensive nationwide sales network 1,825 retail outlets covering over 600 cities across China. Its products are also sold in 66 countries worldwide. Leveraging on its strong innovation and development capabilities, advanced SAP system and extensive nationwide sales network, Dongpeng will continuously strengthen its brand recognition, optimize its sales network, enhance its product mix and expand its bathroom products business, so as to solidify its leading market position.

To see the full version of this release, click here:: http://photos.prnasia.com/prnk/20140827/8521404828-a

Market

World’s Largest Sourcing Event for Baby, Children and Maternity Products Industry, CBME China 2014 Closed with a Great Success

SHANGHAI, Aug. 27, 2014 /PRNewswire/ — The 14th Shanghai International Children Baby Maternity Industry Expo (CBME China) closed its three-day run at Shanghai New International Expo Centre on July 24 with 75,106 trade visitors in attendance, registering a 26.7% year-on-year growth. 1,751 exhibitors (20.4% growth year-on-year) representing 2,428 brands (15.3% growth year-on-year) showcased their latest products across 166,680 square meters of exhibition space (20.8% growth year-on-year).

CBME China – The World’s Largest Sourcing Event for Children, Baby and Maternity Products

A number of world-known brands participated including Babybubbles, Britax, CAM, Chicco, Cybex, Design Skin, Dr. Brown’s, Fiona’s Prince, Friso, Goo.N, Hallmark Babies, iCandy, Inglesina, Johnson’s Baby, Joie, Kiddy, les enphant, Mattel, Maxi-Cosi, Medela Micro, NUBY, NUK, OXO, Philips AVENT, Pigeon, Quinny, Richell, RODY, Teletubbies, Wyeth Nutrition and more, covering a range of children baby maternity products from healthcare products to food, strollers and toys, clothing and accessories and services.

Addressing the Industry’s Needs and Concerns

International Pavilions at CBME China once again drew huge crowds as more brands from Australia, Korea, United Kingdom, United States, Spain, Taiwan and other countries and regions presented their latest products and showcased the new brands to the mainland China market. Product range covered healthcare products to food, strollers and toys, clothing and accessories and services.

Michaela Altman of Obaby, who joined the UK Pavilion says, “We were delighted to be part of CBME China this year, with visitors from China and beyond keen to discuss business with us, many of which we do not have the opportunity to meet at European trade shows. We were extremely impressed with the quality of distributors and retailers that we spoke to and look forward to expanding our brand further into Asia.”

Another feature at CBME China 2014 that was a huge draw for visitors is the OEM/ODM Pavilions. 19 Chinese OEM/ODM suppliers joined this new pavilion, while the rest took up space in the main show floor. Wei Xiwen from Nishimatsuya Chain Co., Ltd said, “We targeted to find more OEM/ODM suppliers this year, we are happy to meet so many OEM/ODM companies at CBME China.”

Other prominent section at CBME China include the Licensing Zone which featured properties including Barbie, Thomas & friends, Doraemon, Despicable Me and more.

Private Buyer Meetings, a business-matching service for high-volume buyers, were organized to help buyers meet with pre-selected qualified suppliers in a private setting to discuss sourcing requirements and make sourcing easier and more efficient. Participants include more than 20 volume buyers from China and abroad covering big baby chain stores, online retailers, distributors, supermarkets and pharmacies and more. “The Private Buyer Meeting is very well organized and very helpful. We meet with suppliers one by one as pre-arranged by organizer according to my sourcing requirements. It is much more efficient than looking for them at the show floor,” says Nikola Kellhammer, Promotion Manager of Windeln.de, an online baby store from Germany.

Leading the Industry to a Brighter Future

Visitors and exhibitors who attended CBME China not only found new business partners and products, they also got an inside look at what’s happening in the industry through CBME China Conference Program. Over 5,000 visitors were able to learn from 18 industry experts who were invited to share their experience and industry outlook.

Baby First and Britax also provided hands-on tutorial, coupled with live demonstration on their car seats at the Interactive Car Seats Gallery. This also served as an educational platform where retail store owners and their personnel got hands-on training and gained industry know-how directly from manufacturers.

The revamped CBME Awards garnered huge industry support from the 100 member judge panel to the nominees, the winners and awardees. The CBME AWARDS Gallery, recognized not only the latest innovation in the industry with the Innovative Products Awards Gallery, but also the movers and shakers of China’s baby products industry. The Gallery featured the nominees for Lifetime Achievement Award, Top Retailer Awards, Top Brand Awards, the Innovative Products Awards and more. Michael Chua, Director of CKMJ Greenovation said, “We are looking for something new and different, something innovative to bring to the market. We found what we want at the Innovative Products Awards Gallery.”

Cool Kids Fashion, China’s first trade event for kids’ fashion, opened its doors to fashion industry players for the first time this 2014. Co-located with CBME China, Cool Kids Fashion brings together world-renowned brands, designers, media and key players of children fashion in an exclusive on-trend ambiance. Liang Shuyu, Asia Marketing Manager of Tutto Piccolo said, “Cool Kids Fashion is a very good international trade fashion event. We need a platform like Cool Kids Fashion for children’s fashion in China.”

CBME China and Cool Kids Fashion 2015 will take place from July 22-24 at the Shanghai New International Expo Centre. It will feature 1,900 suppliers representing 2,650 brands in 200,000sqm exhibition space. CBME China is perfect business platform for children baby and maternity product buyers, retailers, manufacturers, distributors and suppliers to meet and do business in one venue.

For press enquiries, please contact:
Louise Kathryn Yu
Marketing Director
Children, Baby, Maternity Industry Expo (CBME)
Tel: (+852) 2585 6101
louise.yu@ubm.com

About Children Baby Maternity Industry Expo (CBME China) www.cbmexpo.com/en

Held annually in Shanghai, the Shanghai International Children Baby Maternity Industry Expo (CBME China) is the world’s largest sourcing event for baby, children and maternity products. This is the perfect venue for you to meet buyers, manufacturers, distributors and suppliers in the industry.

About UBM Asia www.ubmasia.com

Owned by UBM plc listed on the London Stock Exchange, UBM Asia is Asia’s leading exhibition organiser and the biggest commercial organiser in mainland China, India and Malaysia. Established with its headquarters in Hong Kong and subsidiary companies across Asia and in the US, UBM Asia has a strong global presence in 24 major cities with 30 offices and 1,300 staff.

With a track record spanning over 30 years, UBM Asia operates in 20 market sectors with 230 dynamic face-to-face exhibitions and high-level professional conferences, 23 targeted trade publications, 20 round-the-clock online products for over 1,000,000 quality exhibitors, visitors, conference delegates, advertisers and subscribers from all over the world. We provide a one-stop diversified global service for high-value business matching, quality market news and online trading networks.

UBM Asia has extensive office networks in China, Southeast Asia and India, three of the world’s fastest growing B2B events markets. UBM China has 11 offices in the major cities in mainland China, including Beijing, Shanghai, Guangzhou, Hangzhou, Guzhen and Shenzhen, where we organise more than 90 exhibitions and conferences. In ASEAN, UBM Asia operates from its offices in Malaysia, Thailand, Indonesia, Singapore, Vietnam and the Philippines with over 40 events in this region. UBM India teams in Mumbai, New Delhi, Bengaluru and Chennai organise 40 exhibitions and conferences every year across the country.

About UBM plc www.ubm.com

UBM is a global events-led marketing and communications services business. We help organisations make connections, communicate their proposition and do business effectively. We help professional people in more than 20 countries around the world succeed by enabling them to connect with each other and with the markets they serve. And we do this by whatever means works best – at live events, through digital media or in publications.

Our 5,000 expert staff are deeply embedded in the many specialist communities we serve, bringing both an unusual depth of understanding and real know-how. We organise hundreds of live events each year and provide a range of related market-leading digital and print marketing and media products, and we support professional marketers and communicators through our targeting, distribution and monitoring services.

Our culture of innovation and collaboration brings our people together around common interests to create value, enhancing our ability to do exactly the same for UBM customers and the communities UBM serves. So, whatever their business and wherever they operate, our customers do better business through us.

Photo – http://photos.prnasia.com/prnh/20140826/0861406078

Aviation

The Forefront of Japan’s Subculture — the Ever Evolving “Akihabara”

TOKYO, Aug. 25, 2014 /PRNewswire/ — “Akihabara“is well known to those not only in Japan but also overseas as “the City/Mecca of Electronics & Home Appliances”. You will still see a lot of major home electronics retailers lined up side by side, and many people from the country and all over the world have made visits to the city looking for Japan’s electronic appliances for decades. However, the city has now evolved brilliantly throughout the changes of a new era. Nowadays, “Akihabara” not only represents a name of a city, but also became an iconic figure that embodies Japan’s own subculture. Japan’s unique subculture scene largely represented by this city attracts travelers from all over the world. Akihabara, which is continuously evolving its appearance every minute, also owns its very unique in-station facility that fittingly serves as an entrance to the city. Here we will introduce you to some of the newest faces in Akihabara you will likely encounter in the station or somewhere under an elevated structure:

Why don’t you get Japanese souvenirs and the hot items in Akihabara?

An art-turned train! Even a non-hardcore fan should stop by — “TRAINIART“

“Atre Akihabara 1” is connected directly to JR East Railway Akihabara station’s Electric Town exit (or “Denki-gai” exit). On the 2^nd floor you will find “TRAINIART“, a boutique shop selling railroad/train merchandises. Here you will find a vast variety of railroad/train designed goods, from stationaries to accessories, all focused on both [design] and [functionality]. You will notice most of these goods are well-suited for its own brand name “-ART”, all richly designed, stylishly finished that one would definitely be tempted to pick them up in their hands, and are very popular among the females. You can also find a pair of train-designed T-shirts tailored for parent-child； you would definitely find a train-designed merchandise of your own that you would probably want to bring home.

“CHABARA”“NOMONO” – For those looking for tasting/bringing home Japan’s regional local gourmet foods

In Japan, you will encounter distinctive local gourmet foods in each region throughout the country. Wouldn’t it be nice if you could enjoy all sorts of gourmet foods from all regions in Japan even if you could only stay in Tokyo?

That’s when we highly recommend“CHABARA“, located under an elevated bridge connecting JR Akihabara Station and Okachimachi Station. You will find a rich variety of specialty goods, seafoods, and soil foods delivered directly from local producers throughout the country. Perhaps, it’s a good idea to make gifts to your friends with soy-sauce, miso, tonkotsu (or pork bone soup) or other unique ramen noodles delivered from local producers, or for anybody, whose dad loves Japanese Sake, why not make a gift for him with a Japanese Sake processed with pure water and high quality grain of rice!

On the other hand, “NOMONO“, located inside Akihabara Station, is “A shop introducing the allure of Japanese food” that is always crowded with visitors as, albeit its somewhat limited space, it is conveniently located inside the station. At “NOMONO Kitchen” located on 2^nd floor, you will enjoy the aspects of traditional local culture and all sorts of menu filled with highly selective and seasonal ingredients from the east regional Japan.

In Akihabara, the city that constantly provides us with the latest cultural ingredients, its nearest station is equally unique as well. As the forefront of Japan’s cultural movement, we highly encourage you to visit there.

Market

World’s Largest Sourcing Event for Baby, Children and Maternity Products Industry to Unveil New Brands, Products and Suppliers on July 22-24

SHANGHAI, July 17, 2014 /PRNewswire/ — The 14th Shanghai International Children Baby Maternity Industry Expo (CBME China) will welcome local and international suppliers to showcase their latest products on July 22-24, 2014 at the Shanghai New International Expo Centre (SNIEC).

The event will feature 2,428 brands from 1,751 exhibitors across 166,680 square meters (+21% year-on-year) of exhibition space. A number of world-known brands have already confirmed participation including Babybubbles, Britax, CAM, Chicco, Cybex, Design Skin, Dr. Brown’s, Fiona’s Prince, Friso, Goo.N, Hallmark Babies, iCandy, Johnson’s Baby, Joie, Karicare, Kiddy, les enphant, Mattel, Maxi-Cosi, Micro, NUBY, NUK, OXO, Philips AVENT, Pigeon, Quinny, Richell, RODY, Teletubbies, Wyeth Nutrition and more, covering a range of children baby maternity products from healthcare products to food, strollers and toys, clothing and accessories and services.

“Tens of thousands of buyers make CBME China a regular stop on their sourcing calendar as they recognize the purchase efficiency gained by meeting qualified suppliers with quality products that is available at CBME China. More and more suppliers also launch their latest products at CBME China. This is where they can find the latest trends affecting the industry,” says Athena Gong, General Manager, CBME.

“We have also seen an increase in the number of new exhibitors and brands in 2014. This year, we are also launching Cool Kids Fashion. Other activities include Trend Forums, Kids Fashion Shows, Fashion Designers Gallery, Kids Fashion Design Contest, Kids Fashion Museum and Private Networking Event. Cool Kids Fashion brings together world-renowned brands, designers, media and key players of children fashion in an exclusive on-trend ambiance. The event is by invitation only, and we are expecting a good turn out.”

Specialized Zones and Pavilions to showcase the latest and best in the industry

With the increase in exhibition scale, CBME China is carefully categorized into themed areas to make sourcing easier for buyers. These are: International Pavilions; Licensing Zone; Maternity and Baby Care Products; Baby Carriages, Car Seats and Furniture; Food and Health Care Products; Toys, Educational Products and Souvenirs; Children, Baby and Teenager Clothing, Footwear and Accessories; Maternity Clothing, Underwear and Accessories; and Service Organizations.

New to CBME China 2014 is the OEM/ODM Pavilions. Brand owners and buyers can now find reliable manufacturers and good quality products made to their specifications at CBME China.

Ms. Gong further comments: “CBME China has always focused on domestic and international brands. As the industry grows, we see a demand for OEM/ODM suppliers. China is always an ideal place to find good quality products and manufacturers for tailor-made designs. Thus, for 2014, we expanded the coverage of CBME China to include OEM/ODM companies. With the addition of OEM/ODM Pavilion to CBME China, we aim to serve the whole supply chain.”

Another highlight for 2014 is the Interactive Car Seats Gallery. Here, visitors can see live demonstration on the latest car seats from Baby First and Britax. They can find which car seat is best suited for which car. They can also learn the latest safety standards, technology and innovation for car seats. This also serves as an educational platform wherein retails store owners and their personnel can get hands-on training and gain industry know-how from manufacturers. They will learn the latest government regulations to impart with parents-to-be, gain the technical aspects of the car seats and enrich their sales skills necessary to effectively sell the product. To encourage the development of this skill, the participants of this year’s “Best Baby Store Sales Contest Awards” will be tested and judged based on it.

International Pavilions at CBME China grew again as more brands from Australia, Korea, United Kingdom, United States, Spain, Taiwan and other countries/regions are presenting products covering a range of children baby maternity products from healthcare products to food, strollers and toys, clothing and accessories and services.

The Licensing Zone is where licensees can find new properties and brands and initiate licensing deals. Whether looking to spot trends, building strategic partnerships, securing promotional tie-ins or taking property worldwide – this is where it all happens.

At the CBME AWARDS Gallery, visitors can find not only the latest innovation in the industry, but they can also see who the movers and shakers of China’s baby products industry are. The CBME AWARDS Gallery will feature the nominees for Lifetime Achievement Award, Top Retailer Awards, Top Brand Awards, the Innovative Products Awards and more.

Part to the CBME Awards Gallery, the Innovative Products Awards Gallery will showcase the nominees for the latest product innovations in the industry. Originally conceived to encourage independent research and development on safer quality products for mothers and babies, the CBME Innovative Product Awards continues the tradition by providing a platform for inspiring innovative products meeting the highest industry standards. From over 100 entries received, top six per category will be on display for visitors to view and vote for their favorite.

Focusing on content that matters to the industry

Visitors and exhibitors attending CBME China will not only find new business partners and find thousands of children, baby and maternity products, they will also get an inside look at what’s happening in the industry.

CBME China’s conference program aims to brand owners and buyers on conduct more efficient trade in the industry. The program provides a comprehensive source of information on China’s supply chain and will feature a broad range of hot topics from retail store management and operations to emerging market trends.

The Children Baby Maternity Products Industry Summit will give attendees an overview of China’s children, baby and maternity products market, and educate them on how to grow their business in the region. The whole-day summit will cover topics including industry survey reports, industry trends and analysis, e-commerce development, retail store management and more.

Other Industry Seminars during CBME China 2014 include presentations from government representatives to discuss the latest guidelines and laws covering milk importation, social media marketing, retail store development strategy and many more.

Value-added services to enhance buyer experience and facilitate trade

To help buyers and exhibitors meet and do business more effectively, CBME China is organizing a series of special services. These include:

Private Buyer Meetings to help buyers meet one-on-one with top suppliers to specify their sourcing requirements, product specification and close deals. The leading chain stores for children baby and maternity products in China like Leyou Babies to Kids, MSH’s Pregnant Women & Baby, Baby Bear, the leading Chinese online retailers like Yihaodian and Jingdong Mall, supermarkets and shopping malls like RT-Mart, Suning, Vanguard and WU Mart. Participating overseas companies include Nishimatsuya, the top baby products chain store with over 850 retail stores in Japan; Kooltrade, the baby products distributor in United Kingdom; windeln.de GmbH, the popular online retailer in Germany: Kids Travel, Inc, online retailer from Korea and more are scheduled to attend.
Elite and VIP guests of CBME China can enjoy free food and drinks, WIFI and more at the VIP lounges.
Free shuttle service is available during show dates to bring visitors to and from Longyang Road metro station.

“CBME China is a professional exhibition that upholds the highest quality standards. It only features certified suppliers and products and also adheres to intellectual property guidelines and laws. CBME China is just one of the service we provide the industry. We maintain the industry’s broadest and most integrated multi-channel platform, allowing buyers to find and meet suppliers using our print magazines, mobile apps and face-to-face shows,” concluded Ms. Gong.

CBME China is a perfect business platform for children, baby and maternity product buyers, retailers, manufacturers, distributors and suppliers to meet and do business in one venue.

CBME China 2014 will take place from July 22-24 at the Shanghai New International Expo Centre. For more information on CBME China, visit www.cbmexpo.com/en.

For press enquiries, please contact:
Louise Kathryn Yu
Marketing Director
Children, Baby, Maternity Industry Expo (CBME)
Tel: +852-2585-6101
louise.yu@ubm.com