Brief introduction of Zhejiang Furun Company

Establishment and Historical Evolution Zhejiang Furun Co., Ltd. is a joint-stock enterprise approved by Zhejiang Joint-stock Pilot Coordination Group [Zhegu (1994) No.8], which is jointly established by Furun Group (formerly Zhejiang Knitting Factory), Zhejiang Zhuji Wool Textile Factory, Zhuji Electric Power Industry Corporation, Zhejiang Hangjiahu Science and Technology Development Company, Zhuji Yin Da Economic and Trade Company and Zhuji Television Development Company. The company raised 36 million shares, each with a par value of 1 yuan, totaling 36 million yuan. It was registered in Zhuji Administration for Industry and Commerce on May 1994 (registration number: 14628698-8). The company, formerly known as Zhejiang Knitting Factory, was established in June of 1982 and 10. At that time, its legal name was state-owned Zhuji Knitting Factory, which was renamed as Zhejiang Knitting Factory with the approval of Zhejiang Administration for Industry and Commerce 1993 in August, and was approved by Zhejiang Planned Economy Committee and Zhejiang Economic System Reform Committee in May 65435. After the implementation of the shareholding system reform, the company has made great achievements in transforming the enterprise management mechanism, implementing reorganization and transformation, strengthening internal management, etc., and has been listed as one of the pilot enterprises of modern enterprise system in Zhejiang Province 100. 1996 was also listed as one of the "five batches" key enterprises in Zhejiang province by the provincial government, and was recognized as a high-tech enterprise outside the region, and was rated as a "double-excellent enterprise with good transformation and good benefits" by the province. The company and Furun Group belong to the textile industry, but Furun Group mainly focuses on cotton and linen textiles and chemical fiber textiles. The company mainly deals in knitwear, worsted wool, silk textiles and silk garments. Furun Group has also promised not to produce and sell the products produced and sold by Zhejiang Furun Co., Ltd. to stabilize the company's production and operation.