XIAMEN ASCENT & AFFLUENCE INTERNATIONAL TRADING HOLDING CO., LTD.

Xiamen Ascent & Affluence International Trading Holding Co., Ltd., which locates at North Hubin Road of Xiamen, was founded in October, 1993. The company, with an enrolling capital of 35,000,000RMB, began as an agent distributing the products for the general company. Now it is composed of over 40 staffs.

Since September, 1994, the company focus on the field of free trade, and it developed quickly with its solid base and ability. In 2000, the company was awarded as one of ?he top 300 corporations of the tertiary industry?in Fujian Province. Further more, in 2001,the company had a turnover of 190,000,000RMB and gross asset of 280,000,000RMB.

In 2002, the company became one of subsidiaries of Fujian Ascent & Affluence Group, and focused on big deals of weaving trade, imports and exports of raw material of weave, and logistic business. The business included cotton, PTA, EG, PET, Terylene, cotton yarn, cotton piece goods, garments, toys, body-building equipments, artware, and business of terminal, storage and freights.

At the same time, the enterprise dealed with self-support supplying selling raw material of weave and weaving finished products and semi-manufactured goods. The total turnover of the whole year was nearly 350,000,000RMB and the weaving goods exporting was over USD20,000,000 in the second half of the year.

This year, the company enlarges the share of the market, and keeps up with the changing of the market. It provides the first class service to customers all over the country. Now we work hard to be ?he excellent textile supply agent