Zhejiang Orient Home Textile I/E CO,.LTD

Established in December, 1988, Zhejiang Orient Holdings Co., Ltd , has kept a constant and rapid increase for more than a decade alongwith a deep reform and implementation of its strategies. Zhejiang Orient has doubled its main financial results like sales and net profit since it became a listed company in 1997. In 2001, the company ranked 89th among the top 200 major exporting companies in China for its total import and export volumes in 2001,along with a total assets of RMB 16 billion, a net assets of RMB 7 billion and a profit of RMB 1.6 billion. Insisting on expanding importing and exporting, Zhejiang Orient has been dedicating to development of traditional cotton knitwear, and has gradually boasted a vast main businesses like garments, accessories and home textiles concerning more than ten categories and over three thousand items exported to more than 100 countries and regions including Europe, Americas, Australia, Japan and so on. Zhejiang Orient owns twelve companies specialized in import & export and also controls over twenty other companies by taking their stakes, and formed a smooth and efficient operation system through order-accepting, designing, striking-off, producing, shipping and so on. What' more, guided by good management and investments, Zhejiang Orient takes the advantage of public listing and carries out"one major line and multi-trades"policy, and has developed multi-investments including real estates, bio high-tech industry and securities, which have produced extra profit besides import & export. Challenged by China entry to WTO, global information industrialization, free trade system and economy globalization, Zhejiang Orient will spare no effort to commit itself to expansion of its main businesses so as to improve company's international competitivity and build a diversified and powerful company.