Fujian Hongqi Co., Ltd. is a state-owned proprietary company approved by Fujian Province Government. Our corporation developed from Fujian Hongqi Machinery Plant which was a second grade large-scale state military-and-related enterprise. At present, with total assets reaching RMB 360 million, our company has held the controlling share of Xiamen Red Flag Machinery Co., Ltd., and Ningbo HONGQIMA Textile Machinery Science & Technology Co., Ltd. Moreover, our company holds the share of many other enterprises, such as Fujian Hong Xiang Precision Machinery Co., Ltd. and the Industrial Bank Co., Ltd. Owning modernized joint ventures in Xiamen and Ningbo, our company is a state key high-tech enterprise with many honors or certificates, such as the State First Batch Electromechanical Products Export Enterprise, the Certificate of ISO9001 Quality Management System, 50 Top Enterprise Of China I
