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Revision as of 21:53, 2 December 2014 by Anne Delong (talk | contribs) (rewrite for NPOV)(diff) ← Previous revision | Latest revision (diff) | Newer revision → (diff) | This article, Joyou, has recently been created via the Articles for creation process. Please check to see if the reviewer has accidentally left this template after accepting the draft and take appropriate action as necessary.
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| This article, Joyou, has recently been created via the Articles for creation process. Please check to see if the reviewer has accidentally left this template after accepting the draft and take appropriate action as necessary.
Reviewer tools: Inform author |
| This article, Joyou, has recently been created via the Articles for creation process. Please check to see if the reviewer has accidentally left this template after accepting the draft and take appropriate action as necessary.
Reviewer tools: Inform author |
| This article, Joyou, has recently been created via the Articles for creation process. Please check to see if the reviewer has accidentally left this template after accepting the draft and take appropriate action as necessary.
Reviewer tools: Inform author |
| This article, Joyou, has recently been created via the Articles for creation process. Please check to see if the reviewer has accidentally left this template after accepting the draft and take appropriate action as necessary.
Reviewer tools: Inform author |
Comment: Same reasons as before. Hell in a Bucket (talk) 16:43, 1 December 2014 (UTC)
- Comment: Feel free to re-submit this article once more sources are added that reference the notability of the subject. APerson (talk!) 15:24, 7 August 2013 (UTC)
- Comment: I like this, but perhaps you could better source the article. Seeing some unreferenced lines. Cheers. ☯ Bonkers The Clown \(^_^)/ Nonsensical Babble ☯ 06:54, 1 July 2013 (UTC)
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| Company type | Public |
|---|---|
| Industry | Sanitary Fittings |
| Headquarters | Nan’an, Quanzhou (Fujian Province), China, Hamburg, Germany |
| Area served | China, worldwide |
| Key people | Jainshe Cai (CEO) |
| Revenue | €329.6 million (2012) |
| Operating income | €50.8 million (2012) |
| Number of employees | 3,175 (Q1, 2013) |
| Parent | Grohe |
| Website | www |
Joyou is a publicly listed company listed on the Frankfurt Stock Exchange trading under the ticker JY8,. It designs, manufactures and sells kitchen and bathroom faucets, shower systems, and other home sanitary fittings its own-brand name, primarily in China for the Chinese market. It also supplies sanitary fittings to wholesalers and retailers worldwide.The
Joyou Group operates from Nan’an, Quanzhou in the Chinese province of Fujian and is owned by the holding company Joyou AG, a German stock corporation located in Hamburg. It also sells products from the German sanitary fittings manufacturer Grohe under license in China. As of early 2013, Joyou operated 4,097 branded stores in China.
History
Fujian Nan’an Fuxin Water-Warmth Appliances & Material Factory was founded in 1988, selling to Chinese wholesalers. The company introduced the brand name Joyou in 1995, and in the early 2000s the company established a domestic distribution network for its branded products.
Now known as Joyou, the company continued to grow, and in 2008 and was one of the sponsors of the Beijing Olympics. In 2010, Joyou made an IPO on the Frankfurt Stock Exchange,, taking in €105 million.
In early 2011, Grohe AG, which at that time held 32.58% of the Joyou shares, launched a successful public takeover bid for Joyou AG. In 2013, 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%.
Products
Joyou produces manually operated wash-basin taps and shower mixers, as well as automatic basin faucets and flush valves for urinals and toilets. It also produces basins, urinals, toilets, bathtubs, as well as some bathroom cabinets and accessories. Its kitchen products include sinks and faucets. Joyou is considered a mid-market brand.
References
- "Joyou AG". Börse Frankfurt. Retrieved 6 October 2014.
- "Chinese Joyou plans IPO in Frankfurt H1 2010.". ADP News Germany, via Highbeam (subscription required)
- "PROFILE: Joyou". KBB Review.
- ^ "Joyou AG (JY8G.DE) Company Profile - Reuters.com". Retrieved 6 October 2014.
- "JOYOU - Company History - About Joyou". Retrieved 6 October 2014.
- F_322. "Firms look to German IPOs". Retrieved 6 October 2014.
{{cite web}}: CS1 maint: numeric names: authors list (link) - K. Thomas Liaw (4 October 2011). The Business of Investment Banking: A Comprehensive Overview. John Wiley & Sons. pp. 349–. ISBN 978-1-118-12765-0.
- "Joyou Raises 105 Million Euros in IPO; Shares Priced at 13 Euros". Retrieved 6 October 2014.
- "Grohe to snap up China rival". Financial Times. Retrieved 6 October 2014.
- "JOYOU AG (JY8:Xetra): Transactions - Businessweek". Businessweek.com. Retrieved 6 October 2014.
- http://www.kbbreview.com/Home/analysis-ish-bathroom-round-up.htm
External links
Category:Bathroom fixture companiesCategories: