| Revision as of 16:43, 1 December 2014 editUnbroken Chain (talk | contribs)Autopatrolled, Extended confirmed users, Pending changes reviewers, Rollbackers32,193 edits Declining submission: adv - Submission reads like an advertisement (afch-rewrite 0.9)← Previous edit |
Latest revision as of 09:18, 6 November 2020 edit undoDevonian Wombat (talk | contribs)Extended confirmed users, New page reviewers30,079 edits Misplaced Pages:Articles for deletion/Joyou closed as redirect (XFDcloser)Tag: New redirect |
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#REDIRECT ] |
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{{AFC submission|d|adv|ns=118|u=Joyou888|decliner=Hell in a Bucket|declinets=20141201164353|ts=20141006214800}} <!-- Do not remove this line! --> |
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{{AFC submission|d|reason|All the previous reviewers' comments still apply. You have not demonstrated notability, you have not adequately sourced, and this looks like a brochure, not an encyclopedia article. Please correct all the problems before you submit again. If you don't know ho wto fix it, ask at the Teahouse (invitation is on your user page). The notability/sources issues are partially because the sources you use are not considered reliable, or are not in-depth enough to indicate notability. Company websites are not notable, and a brief mention in passing, or a one-paragraph article, do not make a subject notable. Not sure about the KBB articles -- to be reliable, there should preferably be editorial oversight.|declinets=20131029045857|decliner=Dovid|u=Joyou888|ns=5|small=yes|ts=20131004092348}} <!-- Do not remove this line! --> |
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{{AFC submission|d|v|declinets=20130807152422|decliner=APerson|u=Pfandtasse|ns=5|small=yes|ts=20130801145116}} <!-- Do not remove this line! --> |
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{{AFC submission|d|adv|declinets=20130707001555|decliner=Techatology|u=Pfandtasse|ns=5|small=yes|ts=20130703152139}} <!-- Do not remove this line! --> |
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{{AFC submission|d|corp|declinets=20130701065454|decliner=Bonkers The Clown|u=Pfandtasse|ns=5|small=yes|ts=20130618114155}} <!-- Do not remove this line! --> |
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{{Rcat shell| |
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{{AFC comment|1=Same reasons as before. ] (]) 16:43, 1 December 2014 (UTC)}} |
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{{R to related topic}} |
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{{R with history}} |
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{{AFC comment|1=Feel free to re-submit this article once more sources are added that reference the ] of the subject. ] (]) 15:24, 7 August 2013 (UTC)}} |
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{{AFC comment|1=I like this, but perhaps you could better source the article. Seeing some unreferenced lines. Cheers. ☯ ] '''\(^_^)/''' ''']''' ☯ 06:54, 1 July 2013 (UTC)}} |
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{{Infobox company |
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| name = Joyou AG |
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| logo = ] |
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| caption = |
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| type = ] |
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| traded_as = |
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| fate = |
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| predecessor = |
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| successor = |
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| foundation = <!-- {{Start date|1978|08|08}} --> |
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| founder = |
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| defunct = <!-- {{End date|YYYY|MM|DD}} --> |
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| location_city = ] |
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| location_country = ] |
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| location = ], ] (]), China |
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| locations = |
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| area_served = ], worldwide |
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| key_people = Jainshe Cai <small>(])</small> |
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| industry = Sanitary Fittings |
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| products = |
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| services = |
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| revenue = €329.6 million (2012) |
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| operating_income = €50.8 million (2012) |
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| net_income = |
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| assets = |
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| owner = |
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| num_employees = 3,175 (Q1, 2013) |
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| parent = Grohe |
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| divisions = |
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| homepage = {{URL|www.joyou.com}} |
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| footnotes = |
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| intl = yes |
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}} |
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'''Joyou''' is a stock listed company listed on the Frankfurt Stock Exchange trading under the ticker JY8,<ref>{{cite web|url=http://www.boerse-frankfurt.de/en/equities/joyou+ag+ag+DE000A0WMLD8|title=Joyou AG|work=Börse Frankfurt|accessdate=6 October 2014}}</ref>; it makes manufacturer of kitchen and bathroom ], ] systems, and other home sanitary fittings. It designs, manufactures, and sells products under its own-brand name primarily in ] for the Chinese market;<ref>. ''ADP News Germany'', via Highbeam (subscription required)</ref> it also is a supplier to other sanitary fittings companies and wholesalers worldwide.<ref name=kbb>. ''KBB Review''.</ref><ref name="reuters">{{cite web|url=http://www.reuters.com/finance/stocks/companyProfile?symbol=JY8G.DE|title=Joyou AG (JY8G.DE) Company Profile - Reuters.com|publisher=|accessdate=6 October 2014}}</ref>The Joyou Group operates from ], ] in the Chinese province of ] and is owned by the holding company Joyou AG, a German stock corporation located in ].<ref name="reuters" /> It also sells products from the German sanitary fittings manufacturer ], which currently controls a 72% stake in Joyou AG, under license in China. In early 2013, sales in China (including Grohe products) accounted for 87% of Joyou’s sales revenue; its international sales were increasing sharply.<ref name=kbb /> |
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In 2011, Joyou held a market share of 14.4% in the Chinese taps and mixers segment. As of early 2013, it operated 4,097 branded stores in China. |
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== History == |
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The first predecessor to the firm was the Fujian Nan’an Fuxin Water-Warmth Appliances & Material Factory, founded in 1988. The brand name Joyou was introduced in 1995 and in the early 2000s, the company shifted focus from producing for Chinese wholesalers, to manufacturing selling own-brand products and establishing a domestic distribution network.<ref>{{cite web|url=http://www.joyouinternational.com/en/9/about-joyou/company-history/|title=JOYOU - Company History - About Joyou|publisher=|accessdate=6 October 2014}}</ref> |
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In the second half of the 2000s, the firm grew rapidly, booking sales growth of more than 200% in 2008 and being one of the sponsors of the year’s ]. In 2010, Joyou became the first Chinese producer of sanitary ware to make an IPO on the ]<ref>{{cite web|url=http://english.people.com.cn/90001/90778/90859/7155101.html|title=Firms look to German IPOs|author=F_322|publisher=|accessdate=6 October 2014}}</ref>,<ref name="Liaw2011">{{cite book|author=K. Thomas Liaw|title=The Business of Investment Banking: A Comprehensive Overview|url=http://books.google.com/books?id=XbBk8UrOUTMC&pg=PA349|date=4 October 2011|publisher=John Wiley & Sons|isbn=978-1-118-12765-0|pages=349–}}</ref> taking in €105 million.<ref>{{cite web|url=http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aiMIrYzYfqFo|title=Joyou Raises 105 Million Euros in IPO; Shares Priced at 13 Euros|publisher=|accessdate=6 October 2014}}</ref> |
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In early 2011, Grohe AG – which already held 32.58% of the Joyou shares, launched a successful public takeover bid for Joyou AG.<ref>{{cite web|url=http://www.ft.com/intl/cms/s/0/4675726c-3869-11e0-959c-00144feabdc0.html|title=Grohe to snap up China rival|work=Financial Times|accessdate=6 October 2014}}</ref> In 2013, another change in the ownership structure brought Grohe and Joyou closer together as Joyou’s major shareholders exchanged their holdings in Joyou for a stake in the Grohe Group: this brought Grohe’s total shareholdings in Joyou AG to 72.3%.<ref>{{cite web|url=http://investing.businessweek.com/research/stocks/transactions/transactions.asp?ticker=JY8:GR|title=JOYOU AG (JY8:Xetra): Transactions - Businessweek|work=Businessweek.com|accessdate=6 October 2014}}</ref> |
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== Products == |
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The firm's primary emphasis is on faucets. For bathroom use, it produces a range of manually operated wash-basin taps and shower mixers, as well as automatic basin faucets and flush valves for urinals and toilets. It also produces own-brand basins, urinals, toilets, and other ceramic bathroom fittings such as bathtubs, as well as a limited selection of bathroom cabinets and accessories such as hooks. Its kitchen products include both sink faucets and sink units with faucets attached. Joyou, which is currently considered a mid-market brand, is adding premium products to its range, including a kitchen faucet which offers cold, hot, and boiling water, and a new designer set of fittings.<ref>http://www.kbbreview.com/Home/analysis-ish-bathroom-round-up.htm</ref> |
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== References == |
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{{reflist}} |
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== External links == |
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] |
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