Wanda company is located in Wanying County Industrial Zone of Dafeng City and specialized in cotton purchase, processing, special light textile, storage, pledge, mechanical forging and long-term investment. Our company covers an area of 252,000 square meters and a construction area of 108,500 square meters. We can take in 20,000 tons raw cotton pledge business perennially. For each year, we can forge 8,000 tons petroleum machinery forge piece, purchase and process 10,000 tons ginned cotton, produce 20,000 tons high quality special yarn. Our total assets is RMB 380 million Yuan and net asset is RMB 170 million Yuan. At present we have 850 employees. And we new cotton production line with 400 type wrapping machine which has the production capacity of 120,000 spindle yarn. Since the establishment in 2000, we have achieved large achievement relying on management innovation ad product innovation.
In 2012, we stand solidly against the global financial crisis. And we completed sale revenue RMB 450 million Yuan and realized net benefit and tax RMB 36 million Yuan, and 26.13 million Yuan is storage tax. What’s more we realize the increase of output, sales volume and sales revenue. Our company win many honor tiles such as Jiangsu Provincial Credit Enterprise, Jiangsu Provincial Private Technology Enterprise, AAA level credit enterprise, Yancheng Top 100 enterprise and etc.