We are a leading global manufacturer of hair accessories (including wigs, hair accessories, braids, and premium human hair extensions). According to the Frost & Sullivan report, we ranked fifth in global hair jewelry sales volume, accounting for about 4.6% of global manufacturers' revenue market share in 2015. We design, manufacture and sell a range of hair accessories made of synthetic fibers and human hair to different ethnic groups and the Halloween market. Our main market is the US, which accounted for about 73.9% of our revenue in 2015. Our main sales products in the US include chemical fiber hair accessories mainly used for the daily wear, beauty and care of African women. Our other major markets are Europe and Asia, which accounted for 9.6% and 13.0% of our revenue in 2015, respectively. The products we sell in these two markets mainly include high-end human hair extensions and other hair accessories designed for African women in Europe. We have three production centers in China and two in Bangladesh. Although our production facilities were initially located in China, we began expanding production to Bangladesh in 2009. We plan to further build and complete five new production facilities in Bangladesh by the end of 2019, adding a total construction area of about 150,000 square meters. The plan is to accommodate about 8,000 additional production employees. As of June 30, 2016, we had 826 employees and 14,097 employees in China and Bangladesh respectively.
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