China Ceramics Announces Progress in its Plans to Enter the Malaysian Market

Jinjiang, China -- China Ceramics Co., Ltd. announced that the company has entered into a non-binding letter of intent with a Malaysian contractor for the company's ceramic tile, including its new 'cooling' ceramic tile that was introduced in August 2019. The Malaysian contractor intends to use the company's ceramic tile products for high rise apartment buildings in the third quarter of 2020.

"This is an important step to increasing our exports to Southeast Asia due to the rapid rise in construction in the region and its climate conditions which make it an ideal fit for many of our ceramic tile products," said Huang, CEO of China Ceramics. "Provided that the market demand and related conditions are in place, we plan upon substantially increasing our exports to this region. China Ceramics continues to deploy innovation and competitive pricing to secure new business. We believe that our new products will help us to enter new markets and ultimately diversify our revenue stream while contributing to our future growth."