Shanghai Yaohua Pilkington Glass Co., Ltd. (abbreviated as “SYP”), which was established in 1983, was the largest Sino-British joint venture in China at that time, and became a listed company in 1993.
SYP has municipal-level enterprise technical centre and state first level testing centre, with its major businesses covering float glass, architectural processing glass and auto glass businesses. By the end of 2008, its total assets exceeded RMB 6.2 billion, with the sales revenue surpassing RMB 2.5 billion.
The float glass business kept expanding. In 2000 and 2003, SYP successively acquired Guangdong Float Glass Co., Ltd. (the name was changed to Guangdong SYP Float Glass Co., Ltd.) and Tianjin NSG Float Glass Co., Ltd. (the name was changed to Tianjin SYP Float Glass Co., Ltd.). In 2005, SYP cooperated with Pilkington to jointly invest and set up Jiangsu Pilkington SYP Glass Co., Ltd. and with Glasslink to establish Changshu SYP Special Glass Co., Ltd. As a result, SYP currently owns 4 high quality float lines respectively built from UK Pilkington technology, US PPG technology and Japan NSG technology. The product varieties are: 1.8mm – 25mm premium clear float glass, 2mm – 12mm premium quality F green, H green, blue, grey and black body tinted float glass as well as low iron rolled glass, which is a breakthrough in energy saving and environment protection area. |