The Group's main business is the production and sale of sewing thread. Currently, we mainly produce polyester thread for clothing, and our main sales product is 100% polyester thread. We also supply other types of sewing threads, namely polyester filament series, high stretch yarn series and low stretch yarn. Our products are manufactured at the Guangzhou production site in Liwan District of Guangzhou and sold in mainland China, Hong Kong and overseas. According to the insight consulting report, based on the 2016 output value, the Group ranked sixth in the sewing thread industry in Guangdong Province, accounting for 1.4% of the market share of 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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