DGAP-News: Joyou AG : New Products Awarded with Water-Saving Certificates
(firmenpresse) - DGAP-News: Joyou AG / Key word(s): Sustainability
Joyou AG : New Products Awarded with Water-Saving Certificates
11.12.2012 / 08:07
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Joyou AG: New Products Awarded with Water-Saving Certificates
Frankfurt am Main, 11 December 2012. Joyou AG, a leading bathroom solution
provider in China, is delighted to announce that it has been awarded with
the 'China Certificate of Water Conservation Products' for six of its newly
designed toilets.
Awarded by the China Quality Inspection Centre in Beijing, the six new
products have all met the requirements of CQC32372111-2009 'Water
Conservation Rules for WC Pans'.
The Chinese national standard for water flush volume amounts to an average
of six litres while the products developed and produced by Joyou save
around 20% per flush using an average flush volume of 4.8 litres. For an
average Chinese household this can save up to 3,000 litres of water per
year.
Joyou invests heavily into its Research and Design, which accomplished this
feat by emphasising on the design of the internal ducting and trapway. Both
features initiate a quicker 'power flush' that is aimed at saving water and
scrubbing the bowl with each flush through a forceful, but quiet, jetted
action. In addition, the design team is constantly working on reducing
flush-water usage through further precision in ducting, finish and flush
technology.
Through its social water-saving initiatives, Joyou intends to make a
sustainable contribution to improve quality of life. By helping people
around the globe to save water, the company is helping to reduce their
reliance on this natural resource.
For more information on Joyou's Water-Saving contribution, please visit the
Joyou website at http://www.joyou.com/ipo/?id=59.
About Joyou
Joyou (ISIN DE000A0WMLD8, WKN A0WMLD, Ticker Symbol JY8) designs, produces
and mainly sells products for the entire bathroom solution in China under
its brand name 'Joyou' and is also engaged as a OEM/ODM-manufacturer for
international brands and trading companies in the United States and Europe
as well as other emerging markets. In 2011 Joyou was one of the leading
single-brand manufacturers of bathroom, and other faucets in China in terms
of revenues (according to BSRIA's China Bathroom Study 2011). Joyou has
established an extensive distribution network in China with over 4,000
retail points of sales as of 30 September 2012.
Joyou's operating facilities are based in Nan'an near Quanzhou in Fujian
Province in China. Joyou mainly sells under its own brand name and has the
following nine product groups in its business portfolio: Bathroom Faucets,
Kitchen Products, Shower Products, Ceramics and Bathtubs, Bathroom
Cabinets, Bathroom Accessories, Other Faucets and Sanitary Hardware, Copper
and Semi-Finished Components, Grohe Business. In 2011, Joyou realised group
revenues of EUR 287.1 million, an operating profit (EBIT) of EUR 45.3
million and a net profit of EUR 38.5 million.
For further information, please contact:
Joyou AG
Westhafentower, Westhafenplatz 1,
60327 Frankfurt am Main
Ian M. Oades, tel.: +49 69 710 456 346 or +86 595-8618 8883, ir(at)joyou.net
Kirchhoff Consult AG
Jens Hecht, tel.: +49 40 60 91 86 0, jens.hecht(at)kirchhoff.de
or visit the company website at: http://www.joyou.com
Disclaimer concerning prognoses
This communication contains forward-looking statements. Forward-looking
statements are statements that are not historical facts instead they
reflect Joyou's current views and expectations and the assumptions
underlying them about future events. Forward-looking statements are subject
to many risks and uncertainties. If any of such risks and uncertainties
materialise or if the assumptions underlying any of Joyou's forward-looking
statements are proving to be incorrect, Joyou's actual results may be
materially different from those expressed or implied by such
forward-looking statements. Joyou does not intend or assume any obligation
to update these forward-looking statements. Any forward-looking statement
speaks only as of the date on which it is made.
End of Corporate News
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11.12.2012 Dissemination of a Corporate News, transmitted by DGAP - a
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Language: English
Company: Joyou AG
Westhafentower, Westhafenplatz 1
60327 Frankfurt am Main
Germany
E-mail: ir(at)joyou.net
Internet: www.joyou.de
ISIN: DE000A0WMLD8
WKN: A0WMLD
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, München, Stuttgart
End of News DGAP News-Service
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196573 11.12.2012
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Unternehmensinformation / Kurzprofil:
Datum: 11.12.2012 - 08:07 Uhr
Sprache: Deutsch
News-ID 211363
Anzahl Zeichen: 5960
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Kategorie:
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