Ningbo Veken Elite Import & Export Co., Ltd. China (Mainland)

Ningbo Veken Elite Group Co., Ltd. is a public company with net assets exceeding USD85,080,000 listed on Shanghai Stock Exchange (stock name: Veken Elite, stock code: 600152). The company is an industrial group, of which the leading products are top-grade bedding sets, curtains, sofa cover, blankets, knitted garments and fabrics, and yarns & threads. It annually produces 5.5 million pieces of raschel or other cotton blankets, 6 million meters of high-grade jacquard fabrics, 1 million sets of high-count bedding sheets and 13,000 metric tons of sewing threads, thus the annual sales income is over USD255 million. The company is an export-oriented enterprise group, and owns 12 industrial entities and 2 trading subsidiaries, including 7 Sino-foreign joint venture enterprises, with more than 75% products are directly exported to developed countries and regions, mainly to the United States, European countries and Japan. It earns over USD160 million in foreign exchange annually. It is the largest home textile exporting enterprise in China. The company advocates human priority, emphasizes social image being promoted as well as economic benefit. Its ultimate objective is to "concentrate on the essence of fiber science, create the elite brand of Chinese home textile". We have been hornored as the "Chinese Famous Home Textile Brand".