Taihua New Materials

Zhejiang Taihua New Materials Co., Ltd. (hereinafter referred to as the "Company") is located in the central position of the Jiangsu, Zhejiang, and Shanghai city cluster - Wangdian Economic Development Zone, Jiaxing City, Zhejiang Province, close to the Shanghai-Hangzhou Expressway and Zhajiasu Expressway, with convenient transportation and beautiful scenery. Since its establishment in 2001, the Company has developed a complete industrial chain integrating R&D, spinning, weaving, dyeing and finishing, and sales. It is capable of researching and producing high-grade functional nylon fabrics in three series including environmental protection and health, outdoor sports, and special protection. It is a "*High-tech Enterprise" that is rare in China to produce high-grade nylon 66-FDY products.

The Company is a Sino-foreign joint-stock company, with several wholly-owned subsidiaries engaged in spinning, weaving, and dyeing and finishing businesses.

The Company has introduced nylon 6 and nylon 66 civilian filament production lines from renowned manufacturers in Germany, Japan, etc., producing nylon FDY, ATY, DTY and other filaments; possessing over 5,000 internationally advanced water-jet looms, with an annual output of over 500 million meters of greige fabric mainly made of nylon; the Company has also introduced complete sets of dyeing, calendaring, coating and other finishing integrated processing equipment from regions such as Germany, Japan, and Taiwan, producing various kinds of medium to high-grade functional nylon fabrics for outdoor sports, environmental protection and health, etc.

Since 2005, the Company has been awarded the title of "Nylon (Polyamide) Weaving Product Development Base" by the National Textile Product Development Center, and has successively obtained honors such as "Zhejiang Province Green Enterprise (Advanced Cleaner Production Enterprise)", "Provincial Small and Medium Enterprise Technology Center", "Zhejiang Province Famous Trademark", and "National Textile Industry Advanced Collective". Its main products have passed international certifications. In 2011, the Company's R&D center successfully applied to be a "Provincial High-tech Enterprise R&D Center", and was also awarded the title of "Jiaxing City Key Enterprise Technology Innovation Team"; in 2012, the Company was rated as "China Functional Nylon Filament Fabric Boutique Production Base" by the China Filament Weaving Association; from 2013 to 2015, the Company consecutively won the "Top 500 Chinese Textile and Apparel Enterprises in Competitiveness" honor granted by the China National Textile and Apparel Council.

Fulfilling social responsibilities, laying a solid foundation for a century-old enterprise. In line with the environmental policy of "cleaner production, energy conservation and consumption reduction, creating green enterprises, and pursuing sustainable development", the Company improves energy utilization efficiency, invests heavily in comprehensive treatment, and is committed to enhancing the level of harmless treatment in industrial production.

Following the development approach of "quality optimization, customer satisfaction, Taihua brand, world elegance", the Company is market-oriented and aims at customer satisfaction, strengthens the R&D of new products, keeps exploring and innovating, and strives to create perfect products through the establishment of sound systems and fine manufacturing. Relying on the advantages of a complete industrial chain and a large-scale industrial cluster, the Company has established good cooperative relationships with well-known domestic and foreign down jacket manufacturers, famous sports casual wear brands, and outdoor sportswear manufacturers, successfully ranking among the forefront of domestic and foreign peers, with products sold worldwide. In the industry, the Company wins praise from domestic and overseas customers for its characteristics of "fast speed, excellent quality, and good service".