PRIVATE COMPANY; YEAR ESTABLISHED: 1971
REVENUE: $207.8 million
Decorative coatings; Furniture coatings; Architectural coatings
Fung Ping Kwong, co-president; Chan Chuen Sang, co-president; Ji Luning, coatings marketing director; Cheung Yat Hong, technical director.
Bauhinia Coatings Group manufactures decorative coatings, furniture coatings and architectural coatings. Approximately 47 percent of the company’s sales were focused on architectural and decorative markets; 37 percent were for the general industrial and industrial maintenance sectors. The company has three manufacturing plants in Shanghai, Guangdong and Chengdu. The parent company, Yip’s acquired coatings brands Camel, Aquapro and VIVA and their respective architectural and industrial coatings businesses in Mainland China, Hong Kong and Macau. The Group believes that the acquisition will help gain a significant foothold in Hong Kong’s coating market and will create a synergy effect with the current businesses of the coatings group in areas such as manufacturing, technology, distribution and marketing, building a solid foundation for the development of Guandong-Hong Kong Macau Greater Bay Area.