Ledows (Int'l) Industry Limited (short for LDW) is leading fabric and garment manufacturer in China. Our factory was established in March, 2001, with a well-equipped factory located inside the dyeing industrial area of Fujian Province. Our factory covers about 350,000 square meters. Our company currently employs 850 employees and 100 of them hold senior technical positions. The gross investment of our company is USD 10 million. Our registered capital is USD 8 million and the total asset is USD 25 million.
In achieving the goal of "development with high technological standard, high value added service arena, and to shift the price competition form brand to quality", our company imports machinery and 80% of our products have reached the highest industry standard in technical advancement. Our annual production capacity is 90 million yards of woven fabric, 25,000 tons of knit fabric and 2 million pieces of garments. 80% of our products are exported to Europe, North America and Japan.
We are in the fabric and garment export business for a long time and also offer professional consulting services in this area. The top executives at LDW represent the elite in modern fabric and garment production, international trade, and global e-Business management. Our short-term objective is to gain a 1% share of the entire export volume of Chinese made fabrics. Currently, our clients include well-known international corporations and foreign governments. More than 75% of our clients come back to place larger orders of products they have ordered in the past, as well as other types of products.
The most important reason for our success is we have adopted a very strict quality assurance (QA) and control (QC) system that starts with the initial customer inquiry and continues until final shipment. We offer the most competitive prices for the same quality products in the international market.
Short-term gain is not our goal. Instead, our business philosophy is to build long-term business relationships with our customers.