Markor Furniture International Co. was founded in Aug, 1995, former Markor Furniture International Manufacture Co.,Ltd. The enterprise was transformed into a foreign-invested limited liability company approved by the Government of Xinjiang Autonomous Region and the Ministry of Foreign Trade and Economic Cooperation in 1999. Approved by China Securities Regulatory Commission, Markor successfully issued 40 millions ordinary A shares at Shanghai Stock Exchange on Nov. 10th, 2000, and it was listed in Shanghai Stock Exchange on Nov. 27th, traded under "Markor Co" for short and coded as "600337". The total shares up to now is 510,604,402 shares. Markor Co. has gained investors' confidence and support with its excellent management, standard operation and outstanding achievement. It has achieved numerous awards from the state and other related ministries in many years, e.g. "Top 50 Most Competitive Chinese Company of the Globe", "Top 50 Best Investors' Relationship Management Companies of Chinese A-share Listed Companies", Markor Home Furnishings was also granted for "Chinese Famous Trade Mark" from State Administration of Industry & Commerce. The credibility and enterprising attitude of Markor is publicly praised in by all kinds of social sectors.
As one of the main business, Markor Furniture Manufacturing has professional production base on a large scale, efficient management platform, strong research and development team and sales network all over the world. With imported lumber resource, Markor produces various styles of high end furniture with different cultural elements, and export to USA, Canada, Europe, Japan, Australia and some other countries. It ranks in the leading place in the industry in the areas of production scale, equipment level, technical and industrial production level as well management, marketing and product development. And it is one of the largest furniture export manufacturers in China. In 2004, Markor International Furniture (Tianjin) Manufacture Co., Ltd., a subsidiary company of Markor Co., was the only company won "Zero Duty Rate" in the Antidumping Lawsuit from USA. The company successfully purchased the brand and the related assets of Schnadig Corporation, a prestigious company which is engaged in product design, supply and distribution of upholstery and case goods furniture in USA on Jan. 6th,2009. This acquisition marks a critical step taken in the direction toward transforming the Company’s business into an Intelligent Business Model. The transaction reflects the concrete implementation of the Company's strategy to move up the value chain upstream; and it is expected to form a complete Evolution Chain consisting of product design, development, production and distribution.
Retail Business is a very important move for Markor Co. to change the business growth model in international market and domestic market by using two types of resources. In 2002, Corporation created its own furnishing brand -- Markor Home Furnishings, at the same time, it started working with Ethan Allen, the biggest furniture retailer in the United States, to introduce the advanced international chain store management model of Ethan Allen, and opened close to 30 stores in large and medium-sized cities including Beijing, Shanghai, Tianjin, Hangzhou, Suzhou, Ningbo, Dalian, Chengdu, Chongqing, Wuhan, Shenzhen, Guangzhou, Xiamen, Shenyang and Urumqi etc. and established the national furnishing chain store retailing network. With high end services, stylish shopping area and furnishing design, the products have rapidly become the favorite of rising Middle Class in large and medium-sized cities.
Markor International Timbering is the extension of Markor Co. business chain, the implementation of the global resource strategy and active participation in the redistribution of world resources. The purpose is to develop and utilize the lumber resources of other countries to set up a steady, safe and economic global resources supply system. Corporation has invested in the Far East to establish the lumber supply base, and set up two lumber processing and logistic centers in Alashankou, Xinjiang and Erenhot, Inner Mongolia, by making through use of geographic advantage of being the neighbor of Russia and its abundant forest resources. A supply chain system with the source of Russia, two bases of Alashankou and Erenhot, and plants and customers as two ends has been primarily formed.
Improving the quality of life and creating the perfect living space will be the eternal business for Markor Co. With scientific management as the core, product design and development as the pioneer and marketing network establishment as the support, we will establish a world-class brand and continuously grow stronger with the goal to become a great integrated enterprise of manufacturing, retailing, and logistics.