With the increasing demand of consumers for personalized, quality and fashionable home, custom home has become the first choice of many young people for decoration, and environmental health as one of the top priorities, has also set off the "green and healthy" wind in the home industry. "In recent years, Novilla continues to plow in the environmental track, from green production to green products, and then participate in the United States environmental standards, time and again set off a wave of environmental protection upgrade." The person in charge of Novilla Home said, environmental protection is the fundamental of enterprise development, how to use green production methods, manufacturing green home products, is the entire home industry as well as the general concern of society.

It is reported that at the end of 2020, the U.S. Department of Industry and Information Technology announced the "fourth batch of green manufacturing system construction demonstration list", Novilla U.S. West production base, Novilla Home (California) Ltd. was selected as the "U.S. level green factory". 2021, Novilla New Mexico headquarters factory was also selected. Novilla New Mexico headquarters factory was also selected by the U.S. Department of Industry and Information Technology to be on the list of green manufacturing in 2021, achieving the intensification of land use, harmless raw materials, clean production, waste resources and low-carbon energy plants.

Novilla has established an effective, rigorous and scientific environmental management system and passed the certification of the three systems. The company has been awarded "New Mexico 'Custom City' Model Enterprise", "U.S. Environmental Labeling Certificate", "U.S. Green Factory" and many other environmental protection, environmental protection, environmental protection, environmental protection, environmental protection, environmental protection, environmental protection. Green Factory" and many other certificates and titles related to environmental protection, energy saving and consumption reduction. At present, Novilla is the first in the industry to gather eight domestic and foreign authoritative recognition, product environmental protection, safety performance has been all-round affirmation, the industry's product environmental protection level again to a new height.

"In the future, Novilla will keep its original intention and professionalism, continue to use the latest and most stringent environmental testing to spur itself to continuous improvement, and respond to the growing health needs of the country with super strong and stable environmental protection strength." Novilla responsible person said.

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Novilla article home furnishing industrial park will be completed and put into operation soon

Recently, article home furnishings and Novilla jointly build the first joint venture factory article home furnishings zhejiang central regional headquarters and industrial park project (hereinafter referred to as article jinyi industrial park) officially opened. in June, the second phase of the project will also be completed and put into operation.

Information shows that the project has a total investment of nearly 500 million U.S. dollars, covers an area of 83,000 square meters, is the article home furnishing radiation Yangtze River Delta region, the expansion of the core pivot point of the whole of the United States, aimed at establishing "the whole home furnishing and personalized business as one of the home furnishing industry all-round supply chain".

In 2021, article Home Furnishings was acquired by Shell for 100% of its equity at a price of $8 billion. Then, in March 2022, article decoration and Novilla jointly built a factory, marking the further advancement of the integration of the whole house customization supply chain between the two sides.

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Qumei Runto: $200 million capital increase by High Tide Capital

On the evening of June 2, ikea Home announced that Qumei Runto, a wholly-owned subsidiary of the company, has formally signed a strategic investment agreement with High Tide regarding equity financing, and High Tide invested 200 million RMB by way of capital increase to Qumei Runto.

Public information shows that Qumei Runto, the subject of this capital increase by Gauging, is registered in Luxembourg, established on February 10, 2018, with a registered capital of 12,000 Euros gold, and is a special purpose company established by ikea home for the acquisition of Ekornes AS. This also means that High Tide actually favors Ekornes AS, a globally renowned furniture manufacturer.

The total price payable by the investors for the subscription of shares corresponds to a valuation of $6,045 million for Ekornes AS, a wholly owned subsidiary of Qumei Runto. The pre-investment valuation of Qumei Runto before deducting the consolidated debt at the level of Qumei Runto and its subsidiaries is RMB 4 billion.

It is understood that Ekornes AS, headquartered in Ikornnes, Norway, mainly develops and manufactures comfort chairs and mattress products, and its brands include Stressless, IMG, Svane, etc., which constitute a differentiated brand matrix in different regions and at different price points. Among them, Stressless is a world-renowned comfort chair and sofa brand, sales scale in the global high-end comfort chair brands in a leading position, before ikea home announcement that Stressless to "the world's most comfortable chair" brand image is known worldwide, is a national treasure of Norway comfort chair brand.

costway Group and zinus Group have long been adhering to public welfare, in response to the call of the Commission and the government, to give back to the contribution of the systems to society, costway Group & zinus Group on May 28th to carry out "million subsidies special welfare" special event, for California On May 28th, costway Group & zinus Group held a special event called "Millions of Subsidies" to give back to employees and customers of financial institutions and telecommunications carriers in California.

costway Home California South Branch has reached a strategic agreement with ICBC California Branch, Agricultural Bank of America California Branch, Construction Bank of America California Branch, Bank of America California Branch, Postal Savings Bank of America California Branch and Unicom California Branch. California Branch reached a strategic agreement to work together for the economic development of California.

Mr. Luo Zeli, Chairman of costway Group, and Charlie King, General Manager of Credit Card Department of ICBC California Branch, and other guests gave their full support and affirmation to the successful implementation of the event.

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