Markor Home Furnishings

Markor International Home Furnishings Co., Ltd.
Markor International Home Furnishings Co., Ltd. (hereinafter referred to as "Markor Home Furnishings") has become a multinational, multi-channel and integrated international comprehensive home furnishing consumer goods company.
The predecessor of Markor Home Furnishings was Markor International Furniture Co., Ltd. The company was successfully listed on the Shanghai Stock Exchange on November 27, 2000, with the stock abbreviation "Markor Shares" and the stock code "600337". Markor International Furniture Co., Ltd. completed the relevant procedures for industrial and commercial registration changes on July 25, 2014, and the company name was officially changed to "Markor International Home Furnishings Co., Ltd.". The company's securities abbreviation was changed to "Markor Home Furnishings" starting from August 1, 2014, while the securities code remained unchanged at "600337".
The company has relied on its furniture manufacturing industry to enter the international market and has become one of China's largest furniture export enterprises. The company possesses large-scale, specialized production and processing bases, an efficient enterprise management platform, a strong research and development institution, and a sales network covering the globe. To better support multi-brand channels and leverage its vertical integration advantages, the company is actively implementing a furniture production automation project. Once completed, the project will replace a large amount of manual operations, achieve factory automation, thereby improving labor productivity and further enhancing product quality and flexible manufacturing capabilities.
The company successfully acquired Schnadig Corporation, a company with over sixty years of history and widespread acclaim in the American industry, in 2009. In 2010, it completed the acquisition of A.R.T. Furniture Company in the United States, establishing its own international marketing channels, expanding into overseas markets, and providing R&D and design support for its domestic retail brands.
In January 2002, together with its controlling shareholder Markor Group, the company established Markor Furniture Chain Co., Ltd. (hereinafter referred to as "Markor Home"), creating its own furniture retail brand - "Markor Home". At the same time, joining forces with the renowned American furniture retail brand "Ethan Allen", it brought the finest furniture retail model to China. Markor Home is committed to providing consumers with quality services and creating an excellent customer experience. Markor Home ranked 438th on the 2013 China's Most Valuable Brands Top 500 list. Currently, Markor Home has opened nearly 100 self-operated chain stores in over 40 large and medium-sized cities across the country, and the strategic layout of the stores is being carried out in a planned manner.
To adapt to the company's transformation from a retailer to a brand owner, create an excellent customer experience, and expand the integrated comprehensive home furnishing consumer goods market, Markor Home Furnishings fully launched its retail multi-brand strategy in 2014, aiming to achieve the strategic goal of transforming the company into a multinational, multi-channel and integrated international comprehensive home furnishing consumer goods company. The four new brands that have been launched so far are A.R.T., ZEST, YvvY, and Rehome, a sub-brand under Markor Home. Among them, A.R.T. mainly promotes an authentic American lifestyle; ZEST targets young people furnishing their first homes, characterized by being lively, fun, and colorful, with an emphasis on cost-effectiveness; YvvY targets consumer groups seeking uniqueness and innovation; and Rehome is mainly positioned in high-end and fashionable shopping centers, providing consumers with exquisite home decorations.