Hongchang is a large private-owned enterprise integrating the production and trading, with Haining Tianming Fibers Co., Ltd. and Yaxing Color Yarn Co., Ltd. under our control. In the past year, our enterprise has been awarded many times as the Advanced Enterprise and Decent Enterprise at provincial or municipal level, turning out prominent economic profits. We were appraised as the contract obeying credit company and was given the AAA credit enterprise title by the bank. Haining Tianming Fibers Co., Ltd., which is an enterprise affiliating under Hongchang Enterprise, currently has approximately 30,000 square meters of land. We have modern factory buildings and over 400 sets of equipment, reporting a productivity of over 50,000 tons. Our enterprise constantly introduces new techniques and develops new products. Thanks to the completed categories and excellent quality, the products are
