Located in Shuige Industrial Zone, Lishui City, Zhejiang Minfeng Chemical Co., Ltd. was founded in 2004. We are a synthetic leather and resin product manufacturer. Our company covers an area of 8 hectares and makes total investment of RMB two hundred million. We were set up in September, 2004, and put into operation in August, 2005, having 7 advanced production lines with 4 wet ones and 3 dry ones, a full set of synthetic leather equipment and precision processing equipment which was imported from Japan. We have an annual output of 12,000,000 meters of PU synthetic leather. Our products are widely used in footwear, bags, sofas and high grade decorative fabrics.

Since our company was incorporated, with the care and help of Lishui City Party Committee & Government, and the Development Zone Committee, as well as the support and instruction from leaders at all levels, our company has obtained the considerable development. Our annual production and tax revenue in 2006 was ranked the first place in Lishui Economic Development Zone. Our annual output value in 2007 was over RMB 500 million, with profits and taxes reaching RMB 11 million by the end of the year 2007. At the same year Lishui Nanping Leather Kieb Co., Ltd. was incorporated by our company. The output value in 2008 was over RMB 600 million, with profits and taxes reaching RMB 15 million.

With the operation of the second phase of the project, making investment of RMB 120 million in 2008, and the annual capacity of 30, 000 tons of resin and elastic cloth, our company's annual production value has been RMB 1 billion now. While steadily running on the track, our company also has been successively awarded the honors of Meritorious Service Enterprise, One of the Top Ten Tax Paying Enterprises, Star Enterprise, Advanced Enterprise in Safe Production, and Botanical Garden Type Unit and Lishui Charity Star Enterprise. The chairman of our company, Shao Taihe, was elected as the Vice President of Lishui Charity, and our General Manager Shao Ye was awarded as the Excellent Entrepreneur of the Sixth Election in LiShui, One of the Top Ten Youths of the Seventh Election in Lishui, The Member of Lishui Association of Industry and Commerce, Vice President of Youth Entrepreneur Association in Lishui, and Standing Vice President of Wenzhou Chamber of Commerce in Lishui.

In the current economic situation, our company will make efforts to carry out the concept of "Technology Innovation, management innovation and marketing innovation" to further enhance the comprehensive strength of our company. Under the existing environmental management mode, our company will increase environmental protection and technological reform inputs, to ensure the competitive, modern and sustainable development.