China’s Pangu Woodwork Files for $29 Million US IPO

According to the Bomar business news, Pangu Woodwork Corporation Limited (Pangu Woodwork) today has filed with the SEC for a $28.92 million IPO on the New York Stock Exchange on 28, May.

Hoping to soon hit Wall Street tickers as NYSE:PGWW, Pangu Woodwork’s F1 filing points out how it run its business and ship their products to over 80 countries. According to a regulatory filing, Pangu Group and Deco Home (China) Limited hold a 35.6% and 12.4% stake in the company, respectively. Other shareholders include INTL Wall Paneling Corporation, Guanghe Acoustic Material Supplies Co., Ltd, Series Wall Designs Inc and ASI sourcing Inc. The company has filed a registration with the US Securities and Exchange Commission (SEC)

Established in 1997, Pangu Woodwork Co., Ltd is now becoming a leading manufacturer and supplier of architectural wall panels that including 3d wall panels,textured wall panels, sculptured wall designs, decorative wall screens, acoustic wall panels and a wide variety of woodworks. They offer state-of-the-art solutions for interior decoration at both commercial and residential level, Pangu have established long-term strategic partnership with the most famous real estate joint-stock company such as Zhao Shang Real Estate Co., Ltd (stock No. in China: 000024), Guang Tian Decoration Co. (stock No. in China: 002482).

”We have grown significantly since we commenced our operations. Our net revenues grew from $0.16 million in 1997 to $69.2 million in 2012. The distributors increased from 3 in domestic markets to over 110 distributors in domestic markets and 43 oversea distributors in global markets in 2012. We experienced a clear profit of $5.8 million, $8.4 million and $11.3 million in 2010, 2011, and 2012, respectively. We also used cash in operating activities of $4.6 million and $6.2 million in 2010 and 2011, respectively. We generated $9.8 million in cash from operating activities in 2012.” Mr. Water Yee, the CEO of Pangu Woodwork Co., Ltd, said in interviews.

It’ll be the first Chinese tech IPO since the largely positive listing of gaming platform YY (NASDAQ:YY) in November. The company, which focuses in developing exciting interior environments through the application and installation of decorative wall panels, delivers wall paneling products to consumers across the globe, will use the proceeds to finance business operations, which include technology infrastructure investment, launching the new wall paneling products and marketing.

“Our goal is to become the most outstanding interior wall system manufacturer and supplier in the world, and now we are on the right way to lead there!” Said Water Yee.

3d wall panels is becoming a new style trend?

Nowadays,  3d wall panel is becoming a new popular material, which has been widely applied in interior wall decoration.

we can find this trend in domain register agent, 5 years ago, 3dwallpanel.com is a not registered domain, but now, 3dwallpanel.com, 3dwallpanels.com, 3d-wall-panels.com, 3d-wall-panel.com, 3dwallpanels.net, 3d-wall-panels.org, 3dwallpanel.org... all these domains has been registered.

3d wall panel is a kind of innovative materials that can bring 3d effect to your wall, which is totally different from the traditional flat wall panel or wall paper.

Different raw finish 3d panels compare

We all know that Pangu panels are made from MDF panels, but you many don’t know that the quality is total different for raw finished 3d panels if we select different type of  raw MDF panels.

There are 2 kind of raw finish 3d panels are put together in the following photo, need not to touch, we can find out in the first sight that the first one  is much better than the second one. As we can see, the first one the grand of panel is smaller, so it comes out the smooth touching and the second one is very fuzzy.

2 different kinds of raw finish mdf panels

Except from different raw mdf materials, the quality of the panels are also relative to the knife of the cutting machine and the quality of CNC machine, if the knife is very sharp and the CNC machine is good, then the raw finish 3d panel will come our perfect.

Pangu never save the cost at the expense of quality, so for the raw finish 3d panels, the CNC machine is the top quality, the raw mdf material we select is in high density and smaller grants.

3D Wall Panels :: 3d-wall-panels.com

3D Wall Panels :: 3d-wall-panels.com

more new patterns are coming now, please check our websites, hope you will enjoy our 3d wall panels.

How many 3d wall patterns are available?

As a leading manufacturer in China, Pangu focuses in developing exciting interior environments through the application and installation of 3d wall panels.

Our full line of 3d wall patterns for interior decoration at both commercial and residential level. Our 3d wall patterns including textured wall panels, sculptured wall panels and decorative grill panels.   So far we have more than 100 different patterns of textured wall panels, more than 30 patterns of sculptured wall panels and over 50 patterns of decorative grille wall panels.

Pangu currently has different 3d wall patterns, textures and colors available with further styles being developed. Please, contact us for our latest product catalogue.

3D Wall Decor Panels for Interior Designs :: 3d-wall-panels.com

3d wall decor panels offer a dramatic alternative to flat wall panels. Combine 3d wall decor panels with creative lighting and the results are spectacular. With strong 3d effect, 3d wall decor panels can bring you to live in luxurious surroundings and make your home with elegant style.

What is 3d wall decor panels?
3d wall decor panel is a kind of innovative architectural wall panels which offer an extra dimension to your wall. it is made out of middle density fibre board (MDF) or high density fibre board (HDF) with strong 3d effect looking.

What is the usage of 3d wall decor panels

Interior designers believe that rooms should have a central focal point of interest, from which all other elements flow. A feature wall in 3d wall decor panels is an easy way to achieve this.
Apart from creating a unique style of feature walls, 3d wall decor panels can be crafted into furniture such as cabinet doors and doors on entertainment units, They make folding screen and reception desk fronts, photo frame, wood strip, bed heads, stunning bar and more.

How to install 3d wall decor panels?

Installation Methods: Due to the manufacturing methods used to produce 3d wall decor panels, most panels will have a slight “bow” or “warping” in them. This is considered normal and can easily be removed using the installation methods below.
If a higher degree of flatness is required, Baltic Birch Plywood can be bonded to back of panels prior to manufacture. This completely eliminates warping. The maximum size of Baltic Birch is 5’ x 10’.
Z-Clips: Z-Clips may only be used if there is sufficient material thickness to allow screw attachment of the clips to the 3d wall decor panels. Ideally, the panels should be specified thick enough or with a thick enough backer to accommodate the screws that are to be used. Panels of minimum recommended thickness can be used for Z-Clip installation, but the installer must first glue wood screw cleats to the back of the panel. Z-Clips should run the full panel width to insure adequate support across the entire 3d wall decor panels.

Refferance:
1. installation video guide:
2. http://www.3d-wall-panels.com – Leading manufacturer from China offers 3d wall panels, textured 3d wall panels, sculptured 3d wall panels for interior.
3. Source from: 3D Wall Decor Panels for Interior Designs :: 3d-wall-panels.com

3D Wall Panels :: 3d-wall-panels.com

3D Wall Panels :: 3d-wall-panels.com