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The acquisition and development of ASSA ABLOY Group in China for more than ten years has ensured that Shui On Land has obtained sufficient localization support. The Group's branches, factories and agents located throughout the country not only ensure sufficient supply, meet a large number of procurement needs, but also respond to customers' late supply and after-sales service requirements in a timely manner. At the same time, ASSA ABLOY Group has always regarded sustainable development as one of the Group's important strategies and has integrated this strategy into the main processes of sales, logistics, manufacturing, product development and procurement. At this point, it coincides with Shui On Real Estate's emphasis on the ability of strategic partners to meet environmental standards.
ASSA ABLOY Group and Shui On Land Co., Ltd. signed a strategic cooperation agreement
Join forces to create a series of high-end apartment projects
Beijing, August 8, 2011 - ASSA ABLOY (ASSA ABLOY) Group is a global leader in door opening solutions, dedicated to meeting the needs of all users of safety, security and convenience of life. Recently, ASSA ABLOY Group stood out from 10 bidding companies and signed a strategic cooperation agreement with Shui On Land Co., Ltd. According to the agreement, Ruian Real Estate will use ASSA ABLOY hardware door control products in apartments developed in China. In the process of signing the agreement, both parties will hit the high requirements for product quality and will work together to build a series of high-end apartment projects in Shanghai, Foshan, Chongqing and Wuhan. This time, it is also the first time that Shui On Real Estate Co., Ltd. has signed a strategic cooperation agreement with its hardware door control supplier. The signing of this agreement also paved the way for the unified management of hardware door control solutions, saving coordination of different brands of after-sales service and product upgrades. The time and cost required, and can better meet the needs of different project associations.
In the past few years, when choosing high-end apartments, the owners paid more attention to the exterior parts, such as door and window design, floor materials, etc., and considered these to be the key to highlighting the quality of the project. With the more mature and comprehensive consideration of the owners, the attention to the practicality of the real estate project has become a new focus. As an important part of building safety, gated hardware products have raised the demand for quality of real estate developers, designers and even owners to an unprecedented level. Shui On Land is the real estate flagship company of the Shui On Group in Mainland China. Currently, there are eight projects in different stages of development in the central areas of Shanghai, Chongqing, Wuhan, Dalian and Foshan, with a land bank of 11.6 million square meters (excluding garage area). ). Shui On Land's innovative and unique approach to the overall planning of the project, the project development can match the overall urban planning formulated by the local government, and the historical and cultural characteristics of the local city into the project design and development strategy. In terms of housing, it has successfully built “Cuihu Tiandiâ€, one of the most high-end properties in Shanghai, as well as well-known high-end real estate such as Wuhan Tiandi “Yujiangyuan†and Chongqing Tiandi “Yujiangyuanâ€. The company is implementing the “Three-Year Development Planâ€, which aims to achieve a target of at least 1 million square meters per year in 2012. In strict control of the quality of its real estate projects, Shui On Land has adopted the Yale Hardware Door Control Solution of the ASSA ABLOY Group as early as 2008 in the Cuihu Tiandi Project. Sex and durability are highly praised by the owners.
In this strategic cooperation announced, ASSA ABLOY provides Shui On Real Estate with a wide range of product options from mid-end to high-end, including solid-selling products, with its different brands and product features and suitable application scenarios. The door lock solution, Yale M8773 home door lock to solve the solution. These solutions make their investment more cost-effective while ensuring the overall quality of the Shui On Real Estate project. In addition, in order to match the hardware door control solution with the overall design style of the Shui On Real Estate project, the ASSA ABLOY Group has specially customized a door handle solution. ASSA ABLOY Group is adhering to the high requirements of satisfying users' safety and security, and has produced a large number of “temporary engineering lock cylinders†for the construction phase of the Ruian project. These lock cylinders will be officially locked after the completion of the project. Core replacement to ensure absolute safety after the owner has checked in.
Mr. Li Guohui, General Manager of Shui On Land, Purchasing and Quality Management Department, said: “The good reputation of the ASSA ABLOY Group and its reputation in the industry are one of the important factors for our cooperation. In addition, we are very happy to see the ASSA ABLOY Group. And Shui On Group has the same goal in terms of brand maintenance and product quality control. This also makes us more confident to build first-class boutique real estate projects for the owners.†Mr. Xiao Yongzhong, President of Locks Group, Greater China, ASSA ABLOY Group said: “We ASSA ABLOY is very proud to be a strategic partner with Shui On Land. In the future, we will focus on a large-scale integrated high-end real estate developer like the Shui On Group as one of the market development priorities."
About ASSA ABLOY Group (ASSA ABLOY)
As a global leader in door opening solutions, ASSA ABLOY Group is committed to meeting the full range of users' needs for safety, security and convenience. Since its inception in 1994, ASSA ABLOY has grown from a small regional company to today's large multinational group with approximately 37,000 employees and annual sales of approximately SEK 37 billion (37 billion RMB). The products provided by the group have also evolved from mechanical locks to smart door switch solutions, covering a complete range of door-to-door switches from locks to safety doors and access control systems. ASSA ABLOY Group has more than 150 companies in more than 50 countries, including many internationally renowned brands such as ASSA, BESAM in Sweden, ABLOY in Finland, VINGCARD in Norway, IKON in Germany, EFFEFF, SARGENT in the US, HID , France's VACHETTE, JPM, etc. ASSA ABLOY Group has approximately 14,000 employees in China and high-end commercial and civil hardware brands such as Yale, Domex and Guli.
About Shui On Land
Shui On Land (stock code: 272) is headquartered in Shanghai and is the real estate flagship company of Shui On Group in Mainland China. Shui On Land has an outstanding track record in developing large-scale, multi-purpose urban core reconstruction projects. The company currently has nine projects in different stages of development in the central part of major cities in mainland China, with a land bank of 11.6 million square meters (not including garage space). The company was listed on the Hong Kong Stock Exchange on October 4, 2006 and was the largest Chinese real estate company listed in the year. Shui On Land was included in the Hang Seng Composite Index Series 200 shares and the Hang Seng Circulation Index Series in March 2007. For additional information on Shui On Land, please visit