Fujian Oriental Investment Co., Ltd. was established in 2000. For 9 years, our company has invested in many fields such as shoe manufacturing and textile industry. Our company has 3 subsidiary companies in different fields, namely Fujian Jinjiang Fengzhu Shoes Developing Co., Ltd., Fujian Fynex Textile Science & Technology Co., Ltd. and Fujian Fynex Garment Limited Company.
In shoe manufacturing industry, Fujian Jinjiang Fengzhu Shoes Developing Co., Ltd. was one of the first to introduce EVA material in shoe making industry. Now, Fengzhu Shoes performs well in shoe industry. Buyers such as MARKS & SPENCER, PRIMARK, WOOLWORTHS, and TARGET prefer to place orders to our company for the perfect balance of quality and price.
Fujian Fynex Textile Science & Technology Co., Ltd. was founded in April 1991 and is currently based in the Fynex Industrial Zone, Qingyang, Jinjiang, Fujian Province, China. Fynex is a listed company that primarily deals in knitting fabrics, spinning, dyeing, finishing, yarn dyeing, clothing manufacture and the running of environmental facilities. Our company's class-A shares (600493) were officially listed on the Shanghai Stock Exchange (SSE) in April 2004.
Our company has a registered capital of RMB 170 million Yuan and assets totaling at 788 million Yuan. Our factory zone covers an area of 200, 000 square meters and consists of 6 factories for knitting, yarn dyeing, blanching and garment production, a wastewater treatment plant and a cotton spinning mill. Over 80% of our equipment is considered cutting-edge throughout the world. The site boasts a complete infrastructure and is well connected to water, electricity, gas and wastewater treatment facilities. These factors have helped on the formation of a highly developed industrial chain and technical innovation system. Fynex has been named as one of the Top-100 Key Industrial Enterprises in Fujian Province. The company has also been included among the Key High-tech Enterprises in the National Torch Program and has been classed as one of the 10 Most Competitive Companies in the Chinese Textile Industry for 3 years running.
The main products of our company include grey knitting fabrics, finished knitting fabrics, knitting-used yarn, dyed yarns and garments. Our company has received a wide range of certification, including IS09001 (Quality Control), International Ecological Textiles Standard Oeko-Tex100, ITS Intertek Ecological Products Class I and ISO14001:1996 Environmental Management Systems. A number of these new high-tech products have entered the ranks of "Fabrics China", and have picked up awards and titles such as "Famous Brand of China" and "National Inspection Free Product". In 2006, Fynex's Technology Center was officially recognized as a state-level corporate technology centre. This has set a new precedent in the national knit fabric industry that has not yet been matched.
In the next few years, our company will continue our strategies of business consolidation, diversification and globalization. The solid foundations that our company has laid down in previous years will act as a spring board for development into new areas. The ultimate aim of our company is to become a fully modernized large scale textile corporation with a fully developed industrial chain. The key areas of business will be knitting, dyeing and finishing. However, our company will also integrate spinning, garment manufacture, the running of environmental facilities and domestic trading.
