PRIVATE COMPANY; YEAR ESTABLISHED: 1999
REVENUE: $449.9 million
Architectural and industrial coatings
Doris Dongping Qui, group chairman; Fang Xie, group general manager; Huichang Ruan, group vice GM; Changjun Qin, group vice GM.
Carpoly offers products and services to the furniture and decorative paints market. The company has 3,200 employees, eight production facilities located in Guangdong, Shanghai, Sichuan and Hebei; approximately 2,100 direct distributors and more than 15,000 points of sales throughout China.
The project business has encountered remarkable growth. Exterior wall paints, EIFS and floor coating have been hitting historical either in numbers or in growth percentage. In cooperation with many well-known art designers from home and abroad, Carpoly participated in the “Design China Beijing” and “Guangzhou Design Week” and organized events themed as “Urban Life Laboratory” in the three key cities of Beijing, Shanghai and Guangzhou. “Carpoly Urban Life Laboratory” inspires consumers with coatings to lead a natural, environmental and healthy lifestyle.
In 2019, Carpoly signed an agreement with Mingguang City in Anhui province to build a plant with an annual capacity of 500,000 tons of paints and related products. This plant, once completed, will be its eigth production site in China.
Carpoly has also been upgrading the image of artistic paint stores by adding VR Effect technology. The display of product colors and effects is closely following the trend and meeting the needs of the younger generations.