Company Development of Shenghong Group Co., Ltd.

After the establishment of Shenghong Group in 1992, printing and dyeing became the core business of the group. The company introduced advanced imported equipment from Italy, Taiwan and other countries, and mainly processed and sold mid-to-high-end synthetic fibers, imitation silk series linings, and fabrics. Products, Group Printing and Dyeing has a national-level textile testing center, which has been certified by the China National Accreditation Board for Laboratories (CNAL) and is one of the testing institutions recognized by the world's laboratory multilateral organization. In 2006, the number of printing and dyeing affiliated factories of the group reached 12, with an annual printing and dyeing processing capacity of more than 1.2 billion meters, ranking first in Asia in production capacity, and its products are exported to the United States, Germany, Turkey, France and surrounding countries and regions. In 2006, the group's printing and dyeing business was ranked third among the top ten in the national printing and dyeing industry in 2005 by the China Printing and Dyeing Association. In 2007, on the basis of existing work, the printing and dyeing group will increase the research and development of new products, increase the added value of products, further save energy and reduce consumption, and follow the path of sustainable development.

In 1998, the group entered the hotel industry, and the Hongsheng Hotel under its jurisdiction was the only three-star hotel in Shengze area. Later, Shenghong Group incorporated Hongsheng Business Hotel, Yuxiang Villa, etc., and became a hotel in the Shengze area. A well-known hotel company. In April 2006, the company successfully opened Shenghong International Hotel (four-star), the highest-rated hotel in Shengze area, which was decorated according to five-star standards, thereby rewriting its own star record that it had maintained for many years. In 2007, the company continued to forge ahead. , with the goal of applying for Yuxiang Villa to become a four-star hotel, and continuously improve the industry influence and regional popularity of the group hotel.

In 2002, the group invested in the construction of a 600,000-ton melt direct spinning project, in which the polyester device introduced the patented technology of DuPont of the United States and was designed in detail by the American Contex Engineering Company; the spinning device was imported from Germany. Mag Company has acquired the latest equipment from Barmag and purchased it, equipped with the most advanced control system; the texturing workshop selects texturing machines from Barmag and Japanese TMT according to the types of texturing products. The first phase of the group's chemical fiber project was officially put into production in May 2004. With its excellent product quality and excellent service, it quickly seized the market. The products have been recognized by the majority of users and have entered high-end brands such as Xiamen Xianglu, Taiwan Yijin and South Korea's Hyosung. market. In 2006, the company's 150D/144F moisture-absorbing and perspiration yarn, 75D/36F flat yarn and other products passed the provincial new product identification in one fell swoop. "Shenghong Polyester Filament" SHCOOL won the title of Jiangsu Province Famous Brand Product, establishing Shenghong Chemical Fiber. With the status of "China's fine denier expert", in the second half of 2006, the second phase of the chemical fiber project began construction. In June 2007, after the 600,000-ton melt direct spinning project was fully completed, Shenghong Chemical Fiber will become the world's largest super fiber manufacturer. Fine fiber production base.