Mengdi Group Co., Ltd.

Mengdi Group Co., Ltd. is located in Nanhu District, Jiaxing City, which is a famous tourist destination in Zhejiang Province. Our company was established in 1980. After 26 years' development, now we have the total assets of RMB200 million, and net assets of RMB120 million. Our company has more than 1,300 employees, covering a floor area of 200,000 square meters. Our company is specialized in the manufacture of knitted fabrics and knitted dresses. Our subsidiaries include Knitting Mill, Dyeing and Finishing Mill, Sweater Mill, Garment Division and Import & Export Company, covering three fields (fabrics, garments and trade).

In the past three years, we have invested more than RMB60 million in the technological renovation and in the introduction of advanced equipment and production lines, which has greatly improved the production capacity of our company. We are equipped with 120 sets of advanced circular knitting machines, 90 sets of imported dyeing & finishing machines and 600 sets of sewing machines, which are capable of the annual production of over 7,000 tons of knitted fabrics, and 6.8 million pieces of knitted dresses. In 2005, our sales value reached RMB350 million (30% increase compared with the previous year), and profit payments and tax turnover were up to RMB15 million (20% increase compared with the previous year).

With the rapid development of our company, our "Mengdi" brand has been recommended as "Famous Trademark in Zhejiang Province". We have also been honored as "Top Sci-tech Enterprise in Zhejiang Province", "Three-star Example Enterprise in Management in Zhejiang Province" and "Example Enterprise For Honest Business".

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