Corporate Profile

Based in Longkou City in Shandong Province, Sino Techfibre produces polyurethane (PU) and microfibre synthetic leather products under the proprietary "Jinfeng" (金锋) brand name which received the"Shandong Famous Brand" award (山东名牌产品) in 2005, and more recently, two national awards namely, "No. 1 Leather Brand of China" (中国皮革第一品牌) and "Famous Brand of China" (中国驰名品牌), both jointly awarded by the China Brand Union Association (品牌中国产业联合会), the China Expert Guidance Committee for Brand Strategy (中国品牌战略专家指导委员会), and the China Industrial International United Association (中国工业合作协会).

The Group's synthetic leather products are sold to manufacturers and trading companies that produce fashion apparel, sports apparel and equipment, luggage and travel accessories, as well as upholstery furnishings for furniture and automobile interiors.

The People's Liberation Army ("PLA"), Chinese People's Armed Police Force, the Ministry of Public Security and other uniformed groups, along with the Government's Tax and Judiciary departments accounted for approximately 20% of total revenue in FY2008.

As part of its strong commitment and emphasis on product research and development, the Group has been working closely with third party research institutes such as Qingdao University's Textile Product Development Centre, College of Textiles and Clothing (青岛大学纺织服装学院) for the development of new PU synthetic leather for clothing apparel, and the China Textile Academy (中国纺织科学研究院) for the development of materials for raincoats, multipurpose apparel, belts and shoes.

Underscoring its close relationship with the PLA, the Group, in July 2004, jointly established the Technology Research and Development Centre for Military Product Supplies of Synthetic Leather of the General Logistics Department of PLA (中国人民解放军总后合成革军需产品技术研发中心) with the PLA's General Logistics Department, to develop materials for uses such as protective clothing and hygienic suits.

In addition, Sino Techfibre is one of the designated uniform material production companies for the Naval Armament Research Institute (海军装备研究所), the State Administration of Taxation (国家税务总局) and the State Administration for Industry and Commerce (国家工商行政管理总局).

In November 2007, Sino Techfibre crossed a significant milestone as it rolled out China's first and only pattern moulding paper ("PMP") production facility. Sino Techfibre joins other companies amongst others, in the United States, Japan and Germany that produce PMP.

Also known as release paper amongst industry players, PMP is primarily used to imprint patterns and textures onto synthetic leather. Amongst other technical specifications, PMP has to be able to withstand extremely high temperatures of between 150 to 200 degrees Celsius and yet be able to be reused many times.