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CHINA FLAKEBOARD MARKET PROFILE

Beijing Zeefer Consulting Ltd. February 2011

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INTRODUCTION
This report discusses the flakeboard market in China mainly from the following sections. - Size of Flakeboard Market in China Based on Zeefer's China Market Size Formula, by the analysis on China flakeboard market size, industry sales revenue and domestic flakeboard output in 2007 - 2009, this report presents a picture of the real development of flakeboard market in China and changes in the overall market size. - Hot Areas of China Flakeboard Market Based on the comparison and analysis on China's flakeboard production and import in different provinces or cities, this report points out those hot areas in China for flakeboard market deserve most attention. - Top 10 Enterprises in China Flakeboard Industry Based on the comparison and analysis on top 10 leading enterprises in China flakeboard industry in terms of sales revenue, market share and number of employees, the report shows their positions in the flakeboard market in China. Additionally, this report lists basic contact information of the top 10 leading enterprises. - Market Share and Market Structure of China Flakeboard Market This report analyzes the flakeboard market share distribution in China by segments based on enterprises nature (leading enterprises, foreign enterprises, state-owned and private enterprises), imports of flakeboard product and regional markets in China in terms of sale revenue, profitability, production volume, number of enterprises and the value of imports... The report offers data on the market shares of imported flakeboard products, foreign enterprises and enterprises in other forms. It also offers a comparison of profitability by forms of enterprise ownership, presents a picture of the market share of leading enterprises and the distribution of major regional markets in China. In addition, the report figures out the structure and

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concentration ratio of the current flakeboard market in China by means of Bain's Market Structure Classification and Index of CR4. - Import and Export of Flakeboard Products In this section, the report includes the main source countries / regions of imported flakeboard products for China and their market shares, the domestic destinations of imported flakeboard products in China and shares for these destinations, major export destinations (countries or regions) for Chinese produced flakeboard products and shares of these destinations, major origins of the exported flakeboard products and their shares. - Flakeboard Industry Standards in China The report lists relevant national standards and/or industrial standards concerning flakeboard products generally accepted in the flakeboard industry in China, including standard names both in Chinese and English as well as their unified code numbers. - Major Flakeboard Importers in China The report lists 10 major importers for flakeboard products in China and provides their contact information such as company name, address, website, telephone number and fax number. - Summary on Key Statistics of the Flakeboard Industry in China Based on the concise analysis on the sales revenue, production volume, number of enterprises, total profit, total loss, total assets, return on the asset and profit margin as well as other key statistics, China Flakeboard Market Profile presents the current situation, the growth rate and profitability of the flakeboard industry in China.

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DECLARATION
Beijing Zeefer Consulting Ltd. and (or) its affiliates (hereafter, "Zeefer") provide this report with the greatest possible care. Nevertheless, Zeefer makes no guarantee whatsoever regarding the accuracy, utility, or certainty of the information in this report. Further, Zeefer disclaims any and all responsibility for damages that may result from the use or non-use of the information in this report. The information in this report may be incomplete and/or may differ in expression from other information in elsewhere by other means. The information contained in this report may also be changed or removed without prior notice.

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CONTENT
CHAPTER 1 PRODUCT DEFINITION.................................................................1 CHAPTER 2 MARKET SIZE ...................................................................................3
2.1 ANALYSIS ON THE FLAKEBOARD MARKET SIZE ...................................................3 2.2 ANALYSIS ON THE CHANGES IN FLAKEBOARD PRODUCTION VOLUME IN RECENT YEARS ........................................................................................................................5 2.3 AN OVERVIEW ON CHINESE ECONOMY ..................................................................6

CHAPTER 3 HOT SPOTS FOR FLAKEBOARD PRODUCTS ACROSS CHINA .......................................................................................................................10 CHAPTER 4 INDUSTRY OVERVIEW................................................................12
4.1 A SUMMARY ON THE INDUSTRY...............................................................................12 4.2 AN ANALYSIS ON THE PROFITABILITY OF THE INDUSTRY..............................13

CHAPTER 5 ANALYSIS ON IMPORT & EXPORT .........................................16


5.1 AN OVERVIEW ON THE IMPORT & EXPORT...........................................................16 5.2 A DETAILED ANALYSIS ON IMPORT & EXPORT OF FLAKEBOARD PRODUCTS ..............................................................................................................................17 5.2.1 ANALYSIS ON MAJOR COUNTRIES OF ORIGIN FOR THE IMPORTED FLAKEBOARD PRODUCTS ..............................................................................................17 5.2.2 ANALYSIS ON THE MAJOR FLOW DESTINATIONS INSIDE CHINA.............19 5.2.3 ANALYSIS ON MAJOR EXPORT DESTINATIONS..............................................20 5.2.4 ANALYSIS ON MAJOR ORIGINS IN CHINA ........................................................21

CHAPTER 6 THE MARKET SHARE...................................................................23


6.1 ANALYSIS ON THE CONCENTRATION OF CORPORATE SALES REVENUE...23 6.1.1 ANALYSIS ON THE CONCENTRATION OF SALES REVENUE FROM LEADING ENTERPRISES ..................................................................................................23 6.1.2 COMPARATIVE ANALYSIS ON SALES REVENUE FROM TOP 10 ENTERPRISES WITH INDUSTRY AVERAGE ................................................................25 6.2 ANALYSIS ON THE CONCENTRATION BY AREA IN TERMS OF THE MARKET SHARE ......................................................................................................................................27 6.2.1 ANALYSIS ON CONCENTRATION OF REGIONAL SALES REVENUE ...........27 6.2.2 ANALYSIS ON THE CONCENTRATION OF REGIONAL PRODUCTION VOLUME ..............................................................................................................................28 6.3 MARKET POSITION OF FOREIGN ENTERPRISES AND THE TREND IN RECENT YEARS ......................................................................................................................30 6.3.1 CHANGES IN THE SHARES OF FOREIGN ENTERPRISES IN TERMS OF THE NUMBERS AND THE COMPARISON OF FOREIGN ENTERPRISES AND ENTERPRISES OF OTHER OWNERSHIP .......................................................................30
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6.3.2 CHANGES IN THE SHARES OF SALES REVENUE FROM FOREIGN ENTERPRISES AND COMPARISON WITH THAT FROM ENTERPRISES OF OTHER OWNERSHIP.........................................................................................................32 6.3.3 PROFITABILITY OF FOREIGN ENTERPRISES AND COMPARISON WITH ENTERPRISES OF OTHER OWNERSHIP .......................................................................34 6.4 ANALYSIS ON THE MARKET SHARE OF IMPORTED PRODUCTS AND RELEVANT VARIATIONS IN RECENT YEARS ...............................................................36

CHAPTER 7 TOP 10 ENTERPRISES ...................................................................38


7.1 JILIN FOREST INDUSTRY CO., LTD.............................................................................38 7.2 SHENYANG LIAOFENG MAN-MADE BOARD CO., LTD.......................................39 7.3 DARE WOOD INDUSTRY (FUJIAN) CO., LTD...........................................................39 7.4 HANDAN CITY JINSAIBO BOARD INDUSTRY CO., LTD.......................................40 7.5 SICHUAN SHUNDA PLANTATIONS PRODUCTS CO., LTD. ................................41 7.6 QINGDAO ZHONG AO SPORTS FLOOR CO., LTD. .................................................41 7.7 ASIA CHUANGJIAN (HUIZHOU) CO., LTD. .............................................................42 7.8 HENAN JIAMEI WOODEN PRODUCT CO., LTD......................................................43 7.9 INNER MONGOLIA FUMENG TIMBER CO., LTD. ...................................................43 7.10 JILIN FUDUN TIMBER CO., LTD.................................................................................44

CHAPTER 8 PRODUCT STANDARD SYSTEMS............................................45 CHAPTER 9 LIST OF MAJOR IMPORTERS.....................................................46

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CHAPTER 3 HOT SPOTS FOR FLAKEBOARD PRODUCTS ACROSS CHINA


Figure 5 Nationwide distribution map of flakeboard mfg. enterprises above designated size across China

Heilongjiang 15 Jilin 10 Liaoning 13

Xinjian <4

Inner Mongolia 7 Hebei

Beijing <4 Tianjin <4

Shanxi Qinghai Ningxia < 4 Gansu <4 Shaanxi Tibet Sichuan 7

10 Shandong 29

Henan 21 Hubei 9

Chongqing Guizhou <4 Hunan 19

Jiangsu Anhui 42 Shanghai 19 <4 Zhejiang 11 Jiangxi 8 Fujian 20

1-3 4-7 8-9 10-19 20+

Yunnan <4

Guangxi <4

Guangdong 32

Hainan <4

1 4 8 10 20

Jiangsu, Guangdong, and Shandong are the major production bases for flakeboard in China. From Jan. to Nov. 2009, enterprises engaged in flakeboard production above designated size in the above three areas added up to 103 firms, accounting for about 35.76% of all flakeboard producers above designated size all over China for the same period. Among them, 42 firms were in Jiangsu, accounting for 14.58% of all producers above
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6.3 MARKET POSITION OF FOREIGN ENTERPRISES AND THE TREND IN RECENT YEARS

6.3.1 CHANGES IN THE SHARES OF FOREIGN ENTERPRISES IN TERMS OF THE NUMBERS AND THE COMPARISON OF FOREIGN ENTERPRISES AND ENTERPRISES OF OTHER OWNERSHIP
Figure 18 Changes in the percentage of numbers of foreign flakeboard mfg. enterprises across China and the comparison of foreign enterprises and enterprises of other ownership
2007 217 Percentage of foreign enterprises in term Foreign-funde s of the num ber of 17 enterprises in 2009 Others type of ownership Private Foreign-funde Joint-equity Others Private Foreign-funde Joint-equity Others 137 17 13 50 63% 8% 6% 23% 2008 2009

Changes245 in the percentage of 288 num bers of foreign-funded 18 18 enterprises

270

23% 6% 8%

6.25%

93.75%

63%

161 22% 18 5% 12 7% 54 66% 7% 66% 5% 22%

207rivate 18% 11 52 72% 6% 72% 4% 18% 18 4% nded 6%

2007 Private Foreign-funded Others type of ow nership Joint-equity

2008

2009 Foreign-funded Others

In 2009, among the 288 flakeboard mfg. enterprise above designated size across China, 18 are foreign enterprises, accounting for about a share of 6.25% of all. In terms of the number of enterprises, the foreign enterprises in 2009

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