Original Long Er Kitchen & 衛浴新聞

在八月 16, New Zealand plumbing manufacturer GWA Group released its FY21 results report. In the report, GWA sold the Merthaven China factory, Heshan Merthaven Sanitary Ware Co. The factory’s predecessor (Heshan Everson Sanitary Ware Industrial Co., 有限公司) had been acquired by Merthaven in 2014. (Related links: Heavyweight | 530 萬元! The strong merger of Australia and New Zealand bathroom giants)

Kitchen and bathroom information query enterprise search found that Heshan Methven Sanitary Ware Co., 有限公司. changed in March this year from a limited liability company (外商獨資) 到一家有限責任公司 (domestic joint venture with Hong Kong and Macao). Its legal representative was changed to Su Baoji. At the same time Richard Thornton, GWA集團執行董事、鶴山美達董事長, 派崔克·吉布森和提摩西·索爾特, 董事, 安東尼莫蒂默, 總經理, and other Merthaven personnel withdrew. In July the company name changed to Guangdong Shino Sanitary Technology Co.

1	2021-07-14		Name Change	鶴山市美思文衛浴有限公司.	Guangdong Shino Bathroom Technology Co.
2	2021-07-14		Charter amendment filing	Zhang Cheng	Charter Amendment
3		2021-07-14	Change of business scope	Production and operation: hardware accessories, sanitary products, plastic products. Research and development and Provide consulting services for the above products. (Projects subject to approval in accordance with the law, approved by the relevant departments before carrying out calamus activities)	Hardware products research and development Production, operation: five full accessories, bathroom products, plastic products. Research and development and provide consulting services for the above products. (Projects subject to approval in accordance with the law, after approval by the relevant departments before the opening layer of business activities)
4	2021-03-10		Foreign shareholder promoters of domestic legal documents served to accept the record	Deng Jiehua [quit]	Jiahui He
5	2021-03-10		Change of shareholder	–	Change of shareholder
6	2021-03-10		Charter filing	Amendment to the Articles of Incorporation	Charter
7		2021-03-10	Shareholder filing Those marked with * are legal representatives	Richard Thornton, Chairman [Withdrawal] Patrick Gibson, Director [Withdrawal] Timothy Salt, Director [Withdrawal] Anthony Mortime, General Manager [Withdrawal] Deng Jiehua, Supervisor [Withdrawal]	Su Baoji*, Executive Director, Manager [Added]
8	2021-03-10		Legal representative change The emperor has * mark for the legal representative	Richard Thornton	Su Boji*

According to the enterprise search results show that the Guangdong Shino Bathroom Technology Co., 有限公司. belongs to FLOWTECH COMPANY LIMITED. The latter’s official website shows that its companies include Ningbo Shino Sanitary Ware Co, 有限公司, Zhuhai Shulima temperature-controlled sanitary equipment Co, 有限公司, Zhongshan Shibei Kitchen & Bathroom Products Technology Co, 有限公司, Zhongshan Jiabao Road Kitchen & Bathroom Products Co, 有限公司, and many other companies.

In fiscal 2021, GWA’s revenue increased by 1.8% 到 $405.7 百萬. EBIT decreased by 4.1% 到 $68.5 百萬. The announcement noted that strong growth in the New Zealand and U.K. businesses helped support revenue. 然而, the continued decline in the engineering channel in Australia weakened performance due to the embargo. Renovation and replacement activity in the residential and commercial sectors is expected to drive flat to slightly higher results. The blockade in Sydney and Melbourne may impact its business due to the blockade.

The building materials industry was significantly impacted by the Australian embargo, which restricted construction activity in the states, such as a 30 percent cut in capacity at Brickworks, an Australian brick-making company. In July, the company’s sales plummeted by nearly 80 percent.

As the global supply chain is affected by the epidemic, pushing up the cost of building materials, so is Australia. According to global consulting firm Turner & Townsend, steel prices in Sydney have risen by 10 percent, rebar prices by 20 percent, and timber prices by 25 percent between 2020-2021.