November 1, 2011
Furukawa Electric has established Furukawa Management Shanghai, Ltd. as a management company in Shanghai, China. The company commenced operations on November 1, 2011.
Business descriptions
The Furukawa Electric Group has established more than 40 companies in China and has been operating business in that country.
Furukawa Electric will provide support for the corporate management of the management company established this time, including support for fund management with a cash management system, support for the introduction, maintenance, and reconstruction of facilities, and support for human resource development and enhancement. With this support, the company will aid in the expansion of the business of each Furukawa Electric Group company in China, help improve the efficiency of Group management, and enhance governance. Consequently, Furukawa Electric will further strengthen the business infrastructure of the Furukawa Electric Group in China, a country expected to enjoy continued economic growth.
Outline of the company
| Company name | : | Furukawa Management Shanghai, Ltd. |
| Location | : | Shanghai, People’s Republic of China |
| Representative | : | Yoshihiro Suzuki, Chairman (Corporate Vice President and Director of Corporate Strategy Planning Department of Furukawa Electric Co., Ltd.) |
| Invested amount | : | 2 million US dollars |
| Established | : | September 15, 2011 |
| Equity stake | : | Wholly owned by Furukawa Electric |
| Business | : | Operational support and management, etc. for Group companies in fund management, finance and accounting, personnel and labor affairs, legal affairs, intellectual property, production engineering, research and development, and other aspects. |
| Number of employees | : | 9 |
Reference
| Name | Main business |
|---|---|
| Shenyang Furukawa Cable Co., Ltd. | Production and sale of high-voltage cables |
| Suzhou Furukawa Power Optic Cable Co., Ltd. | Production and sale of optical fiber composite overhead ground wires |
| Shanghai Sunshine Copper Products Co., Ltd. | Production and sale of copper pipes for air conditioners |
| Xin Furukawa Metal (Wuxi) Co., Ltd. | Production and sale of phosphor bronze strips |
| Furukawa Electric (Xi'an) Optical Communication Co., Ltd. | Production and sale of optical fiber cables |
| Tianjin Jinhe Electric Engineering Co., Ltd. | Production and sale of wire harnesses and electric components |
| Furukawa Electric (Shenzhen) Co., Ltd. | Production and sale of wire harnesses and electric components |
| Furukawa Automotive Parts (Dong Guan) Ltd. | Production and sale of electric cables for automobiles |
| Changchun Furukawa Automobile Harness Co., Ltd. | Production and sale of wire harnesses |
| Furukawa AVC Electronics (Suzhou) Co., Ltd. | Production and sale of heat radiating components |
| Furukawa-Sky Aluminum (Tianjin) Corp. | Production and sale of extruded aluminum products |
| Ruyuan Dong Yang Guang Fine Foil Co., Ltd. | Production and sale of aluminum foils for capacitors and general aluminum plates and sheets |
| Furukawa Shanghai Ltd. | Sales of Furukawa Electric Group products |
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