Hangzhou Rongfeng Textile Co., Ltd. is located at Jingjiang Town, Xiaoshan District, Hangzhou City, only 26 kilometers away from Hangzhou Downtown, 15 kilometers away from China Light Textile Town, 3 kilometers away from Guali Exit of Shanghai-Hangzhou-Ningbo Expressway and only 1 kilometer away from Hangzhou Xiaoshan International Airport. So we have superior geographic position and convenient transportation. We have made rapid development by common efforts since establishment in 1997. By far, we have large amount of imported jet looms, high grade rapier looms and auxiliary equipment, having formed scale production system and management system. By the end of 2001, we had fixed assets of RMB100 million with total area of 35,000 square meters. Our annual production capacity is 15 million meters, with value of RMB180 million. We are getting ready for our new-era development. Guided
