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CHINA VENEER
BOARD MARKET
PROFILE
Beijing Zeefer Consulting Ltd.
February 2011

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INTRODUCTION
This report discusses the veneer board market in China mainly from the
following sections.
- Size of Veneer Board Market in China
Based on Zeefer's China Market Size Formula, by the analysis on China
veneer board market size, industry sales revenue and domestic veneer board
output in 2007 - 2009, this report presents a picture of the real development of
veneer board market in China and changes in the overall market size.
- Hot Areas of China Veneer Board Market
Based on the comparison and analysis on China's veneer board production
and import in different provinces or cities, this report points out those hot
areas in China for veneer board market deserve most attention.
- Top 10 Enterprises in China Veneer Board Industry
Based on the comparison and analysis on top 10 leading enterprises in China
veneer board industry in terms of sales revenue, market share and number of
employees, the report shows their positions in the veneer board market in
China. Additionally, this report lists basic contact information of the top 10
leading enterprises.
- Market Share and Market Structure of China Veneer Board Market
This report analyzes the veneer board market share distribution in China by
segments based on enterprises nature (leading enterprises, foreign enterprises,
state-owned and private enterprises), imports of veneer board product and
regional markets in China in terms of sale revenue, profitability, production
volume, number of enterprises and the value of imports... The report offers
data on the market shares of imported veneer board products, foreign
enterprises and enterprises in other forms. It also offers a comparison of
profitability by forms of enterprise ownership, presents a picture of the
market share of leading enterprises and the distribution of major regional
markets in China. In addition, the report figures out the structure and

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concentration ratio of the current veneer board market in China by means of
Bain's Market Structure Classification and Index of CR4.
- Import and Export of Veneer Board Products
In this section, the report includes the main source countries / regions of
imported veneer board products for China and their market shares, the
domestic destinations of imported veneer board products in China and shares
for these destinations, major export destinations (countries or regions) for
Chinese produced veneer board products and shares of these destinations,
major origins of the exported veneer board products and their shares.
- Veneer Board Industry Standards in China
The report lists relevant national standards and/or industrial standards
concerning veneer board products generally accepted in the veneer board
industry in China, including standard names both in Chinese and English as
well as their unified code numbers.
- Major Veneer Board Importers in China
The report lists 10 major importers for veneer board products in China and
provides their contact information such as company name, address, website,
telephone number and fax number.
- Summary on Key Statistics of the Veneer Board Industry in China
Based on the concise analysis on the sales revenue, production volume,
number of enterprises, total profit, total loss, total assets, return on the asset
and profit margin as well as other key statistics, China Veneer Board Market
Profile presents the current situation, the growth rate and profitability of the
veneer board industry in China.

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DECLARATION
Beijing Zeefer Consulting Ltd. and (or) its affiliates (hereafter, "Zeefer")
provide this report with the greatest possible care. Nevertheless, Zeefer makes
no guarantee whatsoever regarding the accuracy, utility, or certainty of the
information in this report. Further, Zeefer disclaims any and all responsibility
for damages that may result from the use or non-use of the information in this
report.
The information in this report may be incomplete and/or may differ in
expression from other information in elsewhere by other means. The
information contained in this report may also be changed or removed without
prior notice.

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CONTENT
CHAPTER 1 PRODUCT DEFINITION.................................................................1
CHAPTER 2 MARKET SIZE ...................................................................................2
2.1 ANALYSIS ON THE VENEER BOARD MARKET SIZE ...............................................2
2.2 ANALYSIS ON THE CHANGES IN VENEER BOARD PRODUCTION VOLUME
IN RECENT YEARS ..................................................................................................................4
2.3 AN OVERVIEW ON CHINESE ECONOMY ..................................................................5
CHAPTER 3 HOT SPOTS FOR VENEER BOARD PRODUCTS ACROSS
CHINA .........................................................................................................................9
CHAPTER 4 INDUSTRY OVERVIEW................................................................11
4.1 A SUMMARY ON THE INDUSTRY...............................................................................11
4.2 AN ANALYSIS ON THE PROFITABILITY OF THE INDUSTRY..............................12
CHAPTER 5 ANALYSIS ON IMPORT & EXPORT .........................................15
5.1 AN OVERVIEW ON THE IMPORT & EXPORT...........................................................15
5.2 A DETAILED ANALYSIS ON IMPORT & EXPORT OF VENEER BOARD
PRODUCTS ..............................................................................................................................16
5.2.1 ANALYSIS ON MAJOR COUNTRIES OF ORIGIN FOR THE IMPORTED
VENEER BOARD PRODUCTS..........................................................................................16
5.2.2 ANALYSIS ON THE MAJOR FLOW DESTINATIONS INSIDE CHINA.............18
5.2.3 ANALYSIS ON MAJOR EXPORT DESTINATIONS..............................................19
5.2.4 ANALYSIS ON MAJOR ORIGINS IN CHINA ........................................................20
CHAPTER 6 THE MARKET SHARE...................................................................22
6.1 ANALYSIS ON THE CONCENTRATION OF CORPORATE SALES REVENUE...22
6.1.1 ANALYSIS ON THE CONCENTRATION OF SALES REVENUE FROM
LEADING ENTERPRISES ..................................................................................................22
6.1.2 COMPARATIVE ANALYSIS ON SALES REVENUE FROM TOP 10
ENTERPRISES WITH INDUSTRY AVERAGE ................................................................24
6.2 ANALYSIS ON THE CONCENTRATION BY AREA IN TERMS OF THE MARKET
SHARE ......................................................................................................................................26
6.2.1 ANALYSIS ON CONCENTRATION OF REGIONAL SALES REVENUE ...........26
6.2.2 ANALYSIS ON THE CONCENTRATION OF REGIONAL PRODUCTION
VOLUME ..............................................................................................................................27
6.3 MARKET POSITION OF FOREIGN ENTERPRISES AND THE TREND IN
RECENT YEARS ......................................................................................................................29
6.3.1 CHANGES IN THE SHARES OF FOREIGN ENTERPRISES IN TERMS OF THE
NUMBERS AND THE COMPARISON OF FOREIGN ENTERPRISES AND
ENTERPRISES OF OTHER OWNERSHIP .......................................................................29
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6.3.2 CHANGES IN THE SHARES OF SALES REVENUE FROM FOREIGN
ENTERPRISES AND COMPARISON WITH THAT FROM ENTERPRISES OF
OTHER OWNERSHIP.........................................................................................................31
6.3.3 PROFITABILITY OF FOREIGN ENTERPRISES AND COMPARISON WITH
ENTERPRISES OF OTHER OWNERSHIP .......................................................................33
6.4 ANALYSIS ON THE MARKET SHARE OF IMPORTED PRODUCTS AND
RELEVANT VARIATIONS IN RECENT YEARS ...............................................................35
CHAPTER 7 TOP 10 ENTERPRISES ...................................................................37
7.1 LULI GROUP CORPORATION ......................................................................................37
7.2 XINLE PLYWOOD GROUP CO., LTD...........................................................................37
7.3 YINGANG WOOD BASED PANEL CO., LTD. CNSIC...............................................38
7.4 JIANGSU SHENGYANG INDUSTRIAL JOINT STOCK CO., LTD...........................39
7.5 SHANDONG XINGANG GROUP CO., LTD................................................................39
7.6 SHENYANG MINGHANG WOODWORK FACTORY...............................................40
7.7 JIANGSU KUAILE WOOD GROUP CO., LTD. ............................................................41
7.8 HEBEI ZHENGYANG CHEMICAL BUILDING MATERIALS CO., LTD. ...............41
7.9 LINYI HAIFENG WOOD CO., LTD. ..............................................................................42
7.10 YANGZHOU CITY YANGZI WOOD INDUSTRY CO., LTD...................................43
CHAPTER 8 PRODUCT STANDARD SYSTEMS............................................44
CHAPTER 9 LIST OF MAJOR IMPORTERS.....................................................45
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CHAPTER 3
HOT SPOTS FOR VENEER
BOARD PRODUCTS ACROSS
CHINA
Figure 5 Nationwide distribution map of veneer board mfg. enterprises above designated
size across China
Heilongjiang
19
Jilin
35
Inner Mongolia
13 Liaoning
Xinjian 64
Hebei Beijing
<4
62 Tianjin
Shanxi 4
Ningxia < 4 Shandong
<4
Qinghai 760
Gansu Henan Jiangsu
Shaanxi 180 Anhui 859
Tibet Shanghai
Hubei 206 13
Sichuan 71 Zhejiang
57 13 202
Chongqing Jiangxi
Hunan
72 Fujian
Guizhou 233
26 260
1-3 1
4-9 Yunnan Guangdong 4
16 Guangxi
98
10-49 141 10
50-129 50
130-459 130
Hainan
460+ 460
Jiangsu, Shandong, and Fujian are the major production bases for veneer
board in China. From Jan. to Nov. 2009, enterprises engaged in veneer board
production above designated size in the above three areas added up to 1,879
firms, accounting for about 55.1% of all veneer board producers above
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6.3 MARKET POSITION OF FOREIGN
ENTERPRISES AND THE TREND IN RECENT
YEARS
6.3.1 CHANGES IN THE SHARES OF FOREIGN
ENTERPRISES IN TERMS OF THE NUMBERS AND THE
COMPARISON OF FOREIGN ENTERPRISES AND
ENTERPRISES OF OTHER OWNERSHIP
Figure 18 Changes in the percentage of numbers of foreign veneer board mfg. enterprises
across China and the comparison of foreign enterprises and enterprises of other
ownership
2007 2008 2009
全国 Percentage of foreign enterprises
2445 Changes in the percentage 3410
2946 of
Foreign-funde s of the num ber of 180
in term num bers of foreign-funded
187 194
enterprises in 2009 enterprises
Others type of ownership 3216
11% 11% 10%
Private 1953 1% 2402 1% 2837rivate
1%
7% 6% 6%
Foreign-funde 180 187 194 nded
Joint-equity 5.69% 33 36 31
Others 279 321 348
Private 80% 82% 83%
Foreign-funde 7% 80% 6%82% 83%6%
94.31%
Joint-equity 1% 1% 1%
Others 11% 11% 10%
2007 2008 2009
Private Foreign-funded
Foreign-funded Others type of ow nership Joint-equity Others
In 2009, among the 3,410 veneer board mfg. enterprise above designated size
across China, 194 are foreign enterprises, accounting for about a share of
5.69% of all. In terms of the number of enterprises, there were 7 foreign
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