Beijing, China, May 11, 2006 - Global Private Equity Inc. Carlyle Group today announced plans to invest US $ 27.5 million (or RMB 230 million) in China's largest manufacturer of solid wood flooring - Shanghai Anxin Flooring Co., Ltd. The At the same time, Anxin to take this opportunity to launch the Russian material,
wood physical properties Southeast Asia and African wood-based new brand Weiguang floor, large-scale into the solid wood flooring and solid wood flooring market. Weiguang floor to the founder of the letter - Lu Weiguang's name.
soft wood square deck average cost australiaAnxin floor in the selection of materials to high-grade Brazilian-based, and Weiguang brand to the Russian-based, two brands will have a separate distribution channels. We have a lot of potential partners in the Carlyle, first of all because of his good reputation in the capital market, and its strong strength.
how to build a rounded fenceCooperation with Carlyle not only strengthened the security of the letter, said Mr. Lu Weiguang, founder and CEO of Anxin. Of the capital operation capacity, while enhancing the security control of the timber resources industry chain capacity, but also to expand overseas sales channels,
hollow deck board end caps improve the company's management and innovation has played a positive role. Carlyle Managing Director and Asian growth fund investment director Zuwen Carnegie is proud to be investing in a company that supports environmental protection,
plastic floor tile suppliers and is a leading company in the country's solid wood flooring, the only vertically integrated company in the industry, so that even if the supply of raw materials fluctuates, Still maintain a high margin of profit and strong growth. Anxin forward-looking into Russia, in the vicinity of China's border to build a solid wood processing plant,
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