China Textile Resources Pudong Ltd.

CTRC Pu Dong is a wholly-owned subsidiary of Sinotex Investment & Development Co., Ltd. With a registered capital of RMB 20 million Yuan. It mainly deals in the import & export of the raw materials for wool spinning, worsted yarn and woolen yarn, duty-free trade, logistics and distribution business.

After being listed in 1997, Shanghai China Textile Resources Co., Ltd. has made substantial leaps in business operation. In the last couple of years, it won "Contribution Award for Developing Pudong New Area" and "AA Taxation Business" along with the stable growth of business. The company, used to be a company only trading the raw materials for wool pinning, has become an enterprise integrating "technology, industry and trade" engaged in agency, import & export, domestic trade, manufacturing, processing, and development of new products. It has built up extensive and stable business relationship with the local companies and even the international partners in Australia, New Zealand, South America, Britain, France, Italy, Japan, Korea and other countries or regions. With the rapid development and stable operation, Shanghai China Textile Resources Co., Ltd. Is well-reputed industry leader.

The company positions its business strategy as providing "solutions of raw materials for wool spinning" to wool spinning industry, namely, it commits itself to providing all kinds of new raw materials for wool spinning and related technical service to the customers in this sector. The company has registered the trademarks of "SOFT BAMBOO" bamboo fiber, and "3E Wool" and "Salvadore Verdi" worsted fine yarn, all of which enjoy high prestige and reputation in the industry. As the company made greater efforts recently to promote and develop theapplication of environment-amicable fiber, "SOFTBAMBOO" bamboo fiber has passed the product certification of OKTEX-100.

The company has set up the domestically largest Trading Center of Raw Materials for Wool Spinning in Shanghai Waigaoqiao Tax-free Zone, which has the widest variety of products, offering various kinds of functional chemical fibers including creasy wool, scoured wool, carbonized wool, wool top, mohair, Alpaca, cashmere, cotton, flax, TENCEL, MODAL, LOYCELL and VILOFT. It offers a package of services from sample examination, and trade negotiation, to trading and logistics, and works with the research institutes to provide technical support to the customers.

The company has established offices in the cities with developed wool spinning industry, including Beijing, Shandong, Zhejiang, and Guangdong. In 2003, the company co-founded Shanghai Fangtong Logistic Co., Ltd. With Sinotex Investment and Beijing Sinotex Chemical Fiber Co., Ltd. In order to provide the one-stop services closely and promptly to the customers.

Shanghai China Textile Resources Co., Ltd. Has built up a vital and high-quality staff team, among which 37. 5% have Bachelor Degrees or above, or the medium or higher titles, and 40% have over 5 years of industrial experience.

Pursuing the principle of "credible, practical, efficient, innovative", the company is customer-oriented and management-based, trying to achieve continuous, stable and healthy development with sustainable core competencies.