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1.1

Huixin West Road, Beijing

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Business Description

China SDIC International Trade CO., Ltd. (SDIC Trade) is a wholly-owned subsidiary of State Development and Investment Corporation (SDIC). Being SDIC Trade’s controlling company, SDIC is the largest state-owned shareholding company in China, with registered capital 18.4 billion RMB, total asset over 180 billion RMB. In the year of 2008, the revenue totaled 41 billion RMB, import and export volume reached 1.2 billion US dollars and profit 5 billion RMB. The company was titled “The Most Influential Company in China”. About SDIC Trade, our former name is China Textile resources Corporation (CTRC), which founded in 1984, joined SDIC in 2007, still a state owned company, up to the end of 2008, the registered capital was 500 million RMB, total asset was 2.29 billion RMB, has more than 2800 employees. SDIC Trade’s mainly business scope includes: import and export raw materials, agriculture products and garments. Since 1999, SDIC Trade has been evaluated as one of the 500 largest Chinese enterprises engaged in import and export. Our company has been gradually developed to one of the biggest wool importers and major textile material suppliers in China. SDIC Trade has become a well-known brand in the textile sector and has a great reputation in the global profession. Since 2007, we started yarn import business, we’ve been doing this business about 3 years, mainly imported yarn from Pakistan and India, our business keep on expanding every year and create our own sales channel.

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