Woodworth Wooden Industries (Vietnam) Co., Ltd (Vietnam)

The subject has been in the business for 15 years. On the media search, it is a Taiwanese-invested company. In addition, in 2004, Mr. Zhang had 100% of its parent company's interest and later, in 2005, its investor was a company wholly and beneficially owned by Mr. Cheung Kong Cheung. Now, we do not know the ultimate institution/ individual shareholder. The reason for the establishment is to export to products to the US market without having to pay the anti-dumping duties (see detail in news section below) and to get the cheapest labor costs in Vietnam. Additionally, Mr. Yen said that he set up a second factory in Vietnam in 2016. In 2015, 2017, two related companies (FULL DING FURNITURE CO., LTD and ANYANG FLOOR CRAFT CO.LTD) were incorporated. He is their legal representative and WOOD BEST HOLDING LIMITED is their parent company.We find out information which Woodworth Wooden Industries (Dongguan) Co Ltd (富鼎木业(东莞)有限公司) was incorporated in Taiwan in 1970 and in China in 1997. PT Woodworth Wooden Industries is one of the foreign investment enterprise group that had more than 15 years' experience in the furniture business (this related company is the first major Taiwanese company to set up a furniture plant in Indonesia). However, we cannot collect official documents to verify relationships between them.