Ningbo Dafa Chemical Fiber Co., Ltd. is a Chinese-foreign joint venture . The company is located at Shengshan industrial zone of Cixi city, on the south end of Grand Hangzhou Bay Bridge, which is now under construction. It enjoys a favorable geographical position and convenient transportation as it is only 60km from the company to Hangzhou airport or Ningbo airport, 70km to Beilun deepwater port and 150 km to Hangzhou, the capital of Zhejiang province. Now there are 250 staff and workers in the company. The net assets in the company is 14 million US Dollars and the annual sales income is 30 million US Dollars. The company facilities cover a land area of 56,695 square meters with factory building of 22,312 square meters. The company has its subsidiary and agency offices in Japan and Thailand. The company is authorized to export or import by itself and it earns 20 million US Dollars through export. Ningbo Dafa Chemical Fiber Co., Ltd is a processor of reclaimed two demensions polyester hollow staple and a typical environmentally friendly green industry. The products are mainly used as padding in articles of everyday use such as bedding and clothing, sofa and toy as well as raw material of nonwovens industry. The company has its market share over twenty provinces and cities and the products sell well in the United States, Canada, South America and Europe. There are three complete production lines including crushing, cleaning, sorting, drying, spinning, drafting, cutting and packaging with an annual processing capability of 70,000 t. At present Dafa Chemical Fiber occupies the first place in the World in production and sales of coarse denier reclaimed polyester spinning products. Ningbo Dafa Chemical Fiber Company wins honor of“State Taxation Superfine Credit Unit”and“Ningbo City Class AAA Bank Reference Enterprise”for years. In 2003, Ningbo Dafa Chemical Fiber Company is listed in the database of“Outstanding Enterprises in China”, the trademark of“Dafa”is listed in the database of“Famous Chinese Trademarks”,“2D reclaimed polyester hollow staple”is listed in the database of“Chinese Famous and Superfine Products”. Ningbo Dafa Chemical Fiber Company always lays stress on enterprise culture construction and initiates a working environment for staff and workers to work hard, be pragmatic, self control behavior and get along with others harmoniously. The company determines that Creating Wealth, Showing Solicitude For The Society and Protecting Our Environment as our purpose, Creating A First-rate Enterprise And Opening Up Global Market as our goal and Be Honest And Pragmatic, Loyalty And Innovation as our principle. The systematic enterprise culture construction lays a foundation for our long-range development. Ningbo Dafa Chemical Fiber Company will pass ISO 9000 and ISO 14000 certification soon. After hard struggle in past eight years, Ningbo Dafa Chemical Fiber Company gazes at both domestic and international markets. The company regards customer demand as guidance and product quality as life, and the company adjusts product structure, raises level of science and technology, and strengthens enterprise management. Consequently, the company’s business is flourishing, the scale of enterprise is expanding rapidly, the economic returns and social effect are increasing year after year, the staff and workers welfare and treatment are improving obviously and the company has a vast range of prospects in development.