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(1)About
OrientHome
OrientHome is a subsidiary company of the Orient Group, which is
listed company on Shanghai Stock Market (stock code: 600811). OrientHome
is a backbone business for the OrientGroup, complementing its other
major business, including finance and insurance, information technology,
sea transportation , distribution of building materials ,the high-tech
sector and real estate.
Orient Home was founded in 1999 in Beijing, China and has then become
one of the China¡¯s largest home improvement retailers, operating twenty-six
chain stores (year 2004 stat.), forming an initial logistics system
covering most prosperous regions of China. OrientHome has six chain
stores in capital city of China, Beijing. By the end of year 2004,
the annual sales volume had reached 3.3 billion. Our services include
do-it-yourself, do-it-for-me and also support professional customers
who serve the home improvement construction and building maintenance
market segments.
(2) About Our Stores
Today, our stores stock up to offer 60,000 different kinds of building
materials, home furnishings and lawn & gardening equipments. There
are 10 categories of commodities as followed: lumber, doors &
windows, building materials, wall & floor board coverings, paint
& coating, hardware, plumbing &electrical appliances, lighting,
electrical materials, home interiors gardening, kitchen& bathroom
accessories, etc.
(3) Business characteristics
OrientHome has the characteristics of united procurement and management;
this is quite different from the traditional style of ¡°stall-type
business¡± in building materials market. Procuring from manufacturers
directly reduces our cost at high level.
One-stop shopping for varies clients; guaranteed low prices which
we are able to offer to our customers, based on our 60,000 commodities
inventory and direct procure from manufacturers.
All products in our stores are of high quality, with authority certificates
by nationwide industrial standard.
(4) About Our services
A£®Guaranteed refunds
In 60 days after a sale, customers can exchange or return the goods
with invoices (Products with special requirements are not included).
B. Special orders
Customers can book special goods in advance for arranging the delivery
and installation.
C. Home delivery
Products can be delivered by OrientHome to customer at any time as
requested
D. Free paint mixing service
Free of charge for mixing paint.
E. Free ¡°how-to ¡± clinic service
We offer a class in which, customers can learn how to ¡° DIY¡±.
F. Design service
We can offer consulting, designing and interiors & construction
supervision service.
G. Tool rental and repair
A variety of electric tools can be leased or repaired.
H. Commercial services
We offer interior loans for customers with China Minsheng Bank or
China Merchant Bank.
(5) Oriental Home Procurement Center
This is quite different from the traditional style of ¡°stall-type
business¡± in building materials market. Procuring from manufactures
directly reduces middlemen.
A. Guaranteed low price and one-stop shopping
We are able to adopt a low-price policy because of the economy of
scale we have achieved. Each commodity can be guaranteed authentically,
thus customers will be the beneficiaries. The large number of commodities,
around 60,000, will allow customers to be able to buy everything they
need at one store.
B. High quality products at reasonable prices
All products in our store are of high quality, reasonable price and
are guaranteed to be authentic. Nearly one thousand respected companies
from China and other countries have been carefully chosen to be our
suppliers.
With the development of our stores, OrientHome has its advantages
to merchandise foreign products directly and to develop the professional
and construction markets.
(6) Oriental Home E-business Company Limited
OrientHome E-business Co., Ltd. is fully based on our chain stores
for building materials and home improvement. The OrientHome E-business
Co., Ltd. integrates the internal resources of the group and reduces
communication obstacles between OrientHome and suppliers. Through
real BtoB and BtoC model ,transaction cost can be reduced effectively,
procurement management will be improved and information can be attained
much more cheaply. A network platform, which provides convenience
in procurement sales and value-adding service, will be coordinated
with our high volume of products to form a regional and global trading
system very efficiently.
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