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Fuqi International, Inc. · Shenzhen, Guangdong China ·(NASDAQ (GM): FUQI)

Company Description

5/F., Block 1, Shi Hua Industrial Zone Cui Zhu Rd. North
Shenzhen, Guangdong
51801-9
China (Map)
Phone: +86-755-2580-1888
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    Fuqi International has taken a shine to Chinese shoppers. The company, through subsidiary Shenzhen Fuqi Jewelry, designs, manufactures, and sells a wide selection of jewelry. Its product line consists of more than 30,000 items made from gold, platinum, diamonds, and other precious stones and metals. Fuqi markets its products domestically through its network of about 70 jewelry counters and stand-alone stores, as well as through about 900 wholesale distributors. In addition to its mass-produced fineries, the company offers custom-made gemstone jewelry. Founded by CEO Yu Kwai Chong, Fuqi International went public in 2007. Yu owns about 50% of the company. To read the full description, subscribe now.
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    Key Fuqi International, Inc. Financials

    Company Type - NASDAQ (GM): FUQI

    2004 Sales (mil.)$56.8

    Fuqi International, Inc. Executives

    12 executives listed for Fuqi International, Inc.'s Shenzhen, Guangdong location.
    TitleName & BioContact
    Chairman, President, and CEOYu Kwai ChongNetwork
    COO and DirectorLie Xi ZhuangNetwork
    COO and DirectorMichael CowherNetwork

    Competition

    Competitive Landscape for Fuqi International, Inc.
    Jewelry sales depend partly on consumer income. Small jewelers can effectively compete with large chains because price isn't the main factor determining sales. Profitability depends on merchandising and effective marketing. Jewelry is sold not only by specialized jewelry retailers, but also by department stores and mass merchants. Because regular gross margins are very high, often 50 percent, mass merchants have been able to cut prices and take market share. Wal-Mart is the largest jewelry retailer in the US. To read the full description, subscribe now.
    Top Fuqi International, Inc. Competitors
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