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Huafon Group was initially established in 1991, and entered into PU industry in 1994. Up to now it is the biggest PU product manufacturer in China. The present Huafon Group was formed in 1996, and became a nation-wide group in 2001. At present it has five production bases in Wenzhou,Shanghai,Fujian,Chengdu and Liaoyang. Huafon Group has a state-level R&D center and a province-level R&D center. The two main products have been honored the title of “China Famous Brand Product” by authority. Huafon is one of the drafters of the industry standard of China microfiber synthetic leather and spandex. At the end of 2007, the total sales revenue of Wenzhou production base reached about 5.046 billion RMB,payed 406 million RMB tax.
The products of Huafon Group are closely related to daily life. So there is a huge market for the products of Huafon. It has a series of products including PU resin for sole, PU resin for leather, PU microfiber synthetic leather and spandex. Each product mentioned above has occupied a respectable market share in China, and its market share of PU resin for sole is over 50%. The main customers of Huafon products are enterprises of shoes、bags、leather and textile, especially in shoe-manufacturing industry, and most of the China Top Ten shoe manufacturers and even some of the world-famous sports shoe producers such as Adidas and Nike are using our products directly or indirectly.
Huafon Group Co., Ltd. is the core enterprise of the whole Huafon Group. For years it has been listed in China Manufacturing Industry Top 500、China Private Company Top 500 and China Petrochemical Industry Top 100. In 2004 it ranked 22nd among the companies of Tax-payment Top 100 of China Private enterprises. Zhejiang Huafon Spandex Co., Ltd., as a hi-tech enterprise and a member enterprise of Huafon Group, is the first private enterprise of China to produce spandex, and also the first listed private enterprise in Wenzhou. The Spandex Corporation are advantageous in production scale、labor efficiency and profitability compared with others in the industry, and it is honored as China Chemical fiber Industry Top 10、Competitiveness and Tax-payment Top 10 and Zhejiang Green Enterprise.
Armed with advanced technology,scientific system,excellent company culture,outstanding product quality and favorable business reputation, Huafon Group has been developing rapidly in a sustainable way. According to the 11th five-year Industry Development Plan of Huafon Group, in the years to come Huafon Group will continue to strengthen its main lines of business, and expand and extend investment intensity increasingly to its industry chain. Meanwhile it will enter into and develop other pillar industries, such as port、logistics and warehousing, and try to establish a groundwork for port and logistics within the period of the 11th five-year Industry Development Plan. Besides it will make the most of the capital market to get another one or two member enterprises listed on the stock market in the period of the 11th five-year Industry Development Plan. In the meantime, a financial management company will be set up so as to provide a platform for better use of capital market and other financial tools. |
qq.com