The Group's main business is the production and sale of sewing thread. We currently produce polyester thread mainly used for clothing, and our main sales product is 100% polyester thread. We also supply other kinds of sewing thread, namely polyester filament series, high elastic yarn series and low stretch yarn. Our products are manufactured at our Guangzhou production site in Liwan District, Guangzhou and sold in mainland China, Hong Kong and overseas. According to the Insight Consulting Report, the Group ranked 6th in the sewing thread industry in Guangdong Province based on 2016 output value, accounting for 1.4% of the market share in Guangdong Province. Since its inception, the Group has been supplying polyester yarn to customers in mainland China, Hong Kong, and overseas countries (including the United Arab Emirates, Mauritius, Australia, Germany and the United Kingdom). Our customers are mainly clothing manufacturers and wholesalers.
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