Founded in November of 2000, Taizhou Hongda Textile Co.,Ltd. is a Sino-Taiwan joint venture. Our company has a total investment of USD 5 million and a registered capital of USD 3 million. Mr. Ruan Buxiu, general manager of our company, is a young and vigorous enterpriser with rich market experience and innovative spirit. Our company has functional departments including accounting, business, quality control, management and production etc.. There are more than 40 managers and technicians in our company.

Located in Fengnan East Rd., Jiaojiang economic development zone, Jiaojiang, Taizhou, occupying a total area of 50,000 square meters, our company is a large-scale enterprise encompassing technology, industry and trade. With self-support import and export authority, our company is one of the industrial enterprises that are greatly supported by Jiaojiang district of Taizhou city. As a "128" engineering enterprise of Taizhou city, our company has more than 400 employees and three branch factories including weaving, printing & dyeing and PVC compound.

With several years' development, our company has a total assets of more than RMB 2 billion by now, including a fixed assets of RMB 70 million. We have about 500 sets of design-finalizing, rolling production lines imported from Korea and Taiwan, with production capacity of 60,000,000m polyester cloth. There are dozens of kinds of products including 600*600DPVC and 600*300DPVC etc.. Sales revenue of 2005 reached RMB 180 million and foreign currency earned by exporting goods reached USD 15 million.

With powerful technical strength, advanced technique, our company has 15 technologists major in weaving, printing, dyeing and rubberizing. Our products, 70% of which are exported, are favorably commented by customers at home and abroad. Production value of 2005 reached RMB 200 million. Our company always gives priority to quality and credit. Our products have been exported to more than twenty countries and areas including the US, West Europe and Southeast Asia etc.. Besides, we have more than 100 long-term clients in our country.

Our company has complete management system and excellent fiance-operating situation. In 2005, our company carried out responsibility system in account receivable and overhead expenses, which can quicken the receiving of payment and effectively control the costs. With the expansion of management scale, the requirement of circulating fund has increased day by day.

In order to meet the demand of international and domestic market and improve product competitive power, our company is carrying out technical innovation. RMB 12.50 million was spent on a PVC rolling production line. It is estimated that this production line will be put into production in March of this year. If this project has been completed, PVC cloth can be increased by 20,000,000m, annual sales revenue can be increased by RMB 120 million, annual foreign currency earned by exporting goods can be increased by USD 11 million and annual profits can be increased by RMB 10 million.

Insisting on learning management experience from model enterprises and adopting management method from modern enterprises, our company carries out system of post responsibility and performance of evaluation. With the participation of a number of young talents, our company keeps the administrative team professional and young. Taking person as basis, surviving on quality, our company tries to be a famous enterprise in our country in the few coming years.