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01066
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SHANDONG WEIGAO GROUP MEDICAL POLYMER COMPANY LIMITED
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Profile
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Chairman
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Mr. Chen Xue Li
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Directors
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Miao Yan Guo (Deputy General Manager & Executive Director)
Wang Yi (Deputy General Manager & Executive Director)
Wang Zhi Fan (Deputy General Manager & Executive Director)
Zhang Hua Wei (Vice Chairman & Executive Director)
Wu Chuan Ming (Deputy General Manager & Executive Director)
Chen Xue Li (Chairman & Non-Executive Director)
Zhou Shu Hua (Non-Executive Director)
Luan Jian Ping (Independent Non-Executive Director)
Shi Huan (Independent Non-Executive Director)
Li Jia Miao (Independent Non-Executive Director)
Li Bing Yung (Non-Executive Director)
Jean-Luc Butel (Non-Executive Director)
Lo Wai Hung (Independent Non-Executive Director)
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Secretary
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Ms. Wong Miu Ling, Phillis
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Address
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Suite 801, 8th Floor, Chinachem Century Tower, 178 Gloucester Road, Wanchi, Hong Kong.
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Tel
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86-631-5622517
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Fax
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86-631-5620555
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URL
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http://www.weigaogroup.com
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Business nature
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The Group is engaged principally in the research and development, production and sale of single use medical devices under the brandname ˇ§Jeriuisˇ¨. The Group has developed an extensive customer base with its products sold to over 2500 healthcare institutions such as hospitals and blood centers and over 1,000 trading companies.
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Prospects
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In 2010, the management expects the prices of raw materials will continue to be on an upward trend. The rise in labor cost coupled with the economic recovery will also exert a greater pressure on costs. In general, easing pressure on costs will be the top priority of the Group. Moreover, with the tender opening of the high-end consumables in 2010, the management expects there will have a greater pressure on cardiovascular stent prices, which will affect the earning growth of this business segment. With the increase in trade protection, there will be few progress in export market in the short term. As a result, certain verbally agreed export order might also be terminated.
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Stock Information Provided by Infocast Limited
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