Recently, Oriental Yuhong released their financial report. According to the report, as of August 2018, the company's operating revenue reached $1.18 billion, and its total assets were $2.33 billion. Oriental Yuhong has devoted itself to making the waterproof industrymore technologically intelligent and advanced, and its investment intechnological innovation and process upgrades totals $25 million.The Center of Global Excellence R&D for Waterproof Coatings of OrientalYuhong (hereinafter referred to as the "Center") has madesignificant progress in improving its analytical ability for material study by purchasing professional analytical equipment.Dr.Willie Lau, head of the Center, said that the mission of the Center is to conduct scientificstudies on materials and serve as a platform for Yuhong to maintain its leadingposition in waterproof industry and gain competitive advantages.
Since its inauguration at the Spring House in October 2017, the aim of the Center has been todevelop innovative and unique products. Key studies such as rheology analysis,infrared analysis, particle size analysis, impermeability analysis and tensileperformance analysis have been carried out to enhance the competitive advantagesof existing products. Oriental Yuhong has beenactively developing intelligent technologies and construction. The self-developed HotterMan Zandra, anintelligent hot-melt waterproofing membrane construction equipment, integratescontrol, walking, trajectory correction, coiling and ground heating, compactingand paving. The Zandra successfully shortens construction time and achieves 100% full adhesion through intelligent control.
Mr.Liu Bin, President of Oriental Yuhong Waterproofing Group, said thatOriental Yuhong adhered to making scientific and technological advances totransform traditional industrial manufacturing into intelligent manufacturing; Yuhong's high-quality waterproof system servicehad been applied to the construction of the new airport - Beijing DaxingInternational Airport, Olympic venues, high-speed railways, and other construction projects; Oriental Yuhong hadbecome one of the world's leading waterproof system service providers and will continue to promote mechanization, automationand intelligentization of the waterproof industry to enter the era of intelligent technology.