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Guangdong Piano Customized Furniture
Guangdong Piano Customized Furniture was established in 2002 by Ma Libin, who serves as the firm's Legal Representative and General Manager. The company is...
Guangdong Piano Customized Furniture
Guangdong Piano Customized Furniture was established in 2002 by Ma Libin, who serves as the firm's Legal Representative and General Manager. The company is headquartered in Zhongshan, Guangdong province, with additional manufacturing bases in Tianjin and Lankao, Henan. It is listed on the Shenzhen Stock Exchange. While its core operations encompass the development, manufacturing, and sale of customized furniture, the corporate entity functions as a direct investor, primarily in real estate and industrial partnerships. The firm's investment posture involves direct co-investment in large-scale manufacturing bases and property vehicles. Its Henan Lankao manufacturing base was historically structured as a joint venture with Evergrande Group. In a separate partnership, Piano has co-invested alongside Country Garden and Poly Capital through the Zhuhai Poly Capital-Country Garden investment partnership. These alliances embed Piano within the networks of two of China's largest property developers, indicating a strategy that blends industrial capex with developer-adjacent real estate exposure. The geographic footprint concentrates in the Pearl River Delta (Zhongshan), the Bohai Rim (Tianjin), and Central China (Henan). Ma Libin leads a corporate structure that operates three industrial bases. The earliest, in Zhongshan, anchors the group in China's furniture-export heartland. The firm's recent activity includes disclosed partnerships with Country Garden and Poly Capital, though exact transaction dates remain part of corporate filings. Piano does not publicly report dedicated investment headcount or total assets deployed. Piano's structural differentiator is its listing status. Unlike many Chinese family-owned manufacturers that remain private, Piano's public-equity listing makes its corporate investment decisions and partnership structures partially visible through stock-exchange filings. This creates an unusual disclosure posture for a firm whose core business appears operational rather than purely financial, and it places Ma Libin's capital allocation among the observable corporate investment programs on China's domestic exchanges.
General information
Firm type
Corporate Investor
Year founded
2002
AUM
Undisclosed
Location
Region
Asia
Country
China
City
Zhongshan
Corporate office
Zhongshan, Guangdong, China
Additional offices
Tianjin, China · Lankao, Henan, China
Principals
Ma Libin
Legal Representative and General Manager
Sector focus
Frequently asked questions
Who makes investment decisions at Guangdong Piano Customized Furniture?
Ma Libin, the founder, Legal Representative, and General Manager, is the central decision-maker. The corporate structure does not publicly list a dedicated CIO or investment committee, consistent with founder-led, publicly listed Chinese manufacturing firms where capital allocation authority resides with the founder-CEO. No external asset managers are publicly disclosed.
How does Piano Customized Furniture source its investment opportunities?
Opportunities appear to arise through industrial adjacency and strategic relationships. The Henan Lankao manufacturing base was developed with Evergrande Group, and the Zhuhai Poly Capital-Country Garden partnership places Piano alongside two other large-scale Chinese developers. This suggests deal flow originates from operational expansion needs and co-investor networks rather than a standalone fund-screening process.
What is the nature of the partnership with Evergrande Group?
Piano and Evergrande Group operated a joint venture at the Henan Lankao manufacturing base. This collaboration involved China's most prominent property developer (Evergrande) at the time, alongside Piano's furniture production capacity. The exact current status of this venture following Evergrande's well-publicized financial difficulties is not publicly detailed in Piano's recent filings.
Does Piano's investment activity extend beyond real estate?
Public records primarily show co-investment partnerships with real-estate-facing entities (Evergrande, Country Garden, Poly Capital). The listed company's stated business remains customized furniture manufacturing and sales across three industrial bases in Zhongshan, Tianjin, and Henan. Diversification into non-real-estate asset classes is not evidenced in available public disclosures.
Is Guangdong Piano Customized Furniture a family office?
No. It is classified as a corporate investor — a publicly listed operating company that deploys its balance sheet into strategic partnerships. While founder Ma Libin exercises control, the structure does not constitute a single-family office. The capital deployed comes from the corporate entity, not a segregated family pool.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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