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Founded in 1996, Huafeng Group, the biggest Polyurethane productmanufacture in
China, is registered in the national industrial and commercial general bureau
in December of 2001 and prompted as unrestricted regional enterprise in China
.In 2002, The turnover of HuaFeng Group is RMB 1.268 billion and tax revenue and
profit of RMB 90.08 million. You XiaoPing, Board chairman of HuaFeng Group, is
Zhejiang Provincee tenth deputy to the National People's Congress, Key private
ntrepreneur of Zhejiang Province, Outstanding enterprise operator of Zhejiang
Province Located in Shencheng industrial area ,Rui an, Zhejiang Province, HuaFeng
Group LTD is five one key leading enterprise in Zhejiang Province with registered
cap ital RMB 280 million . The leading products are “Jufeng” brand
Polyurethane resin for shoe sole and Polyurethane resin for synthetic leather.
The domestic market shares are more than 50% and 30% respectively .The Group company
has set up the wholly-owned and holding companies in Ruian, Wenzhou, Liaoling,
Shanghai and Fujian. Zhejian Huafeng Spandex Corporation , established in December
of 1999 with registered Capital RMB71 million, is the biggest holding company
among them.. Its leading product “Qiangxi” brand Spandex silk occupies
more than 20% of the domestic market share, From August of 2002, It has been entering
the preparation stage before being listed and is planning to issue stocks in stock
market in 2004. Huafeng group started making the investment and producing polyurethane
sole in 1994.since then, We have succeeded in entering the polyurethane industry
field and invested more than RMB 20 million to produce polyure thane resin for
leather in 1997. In 1999, The first stage spandex production line, annual production
1000 tons, succeeded in going into operation,marking that the HuaFeng Group strides
forward the fast track of development .Since then, Huafeng has added the huge
technology improvement fund of more than RMB300 million again to carry on second
stage, third stage and fourth stage spandex of engineering constructions . From
1994 to 2002, Huafeng Group has already invested the technology improvement fund
of more than RMB500 million totally and has formed the pattern of three major
products of PU resin for sole, PU resin for leather and Spandex.. Annual production
capacity is respectively 80 thousand tons,60 thousand tons and 8 thousand tons.。The
series of products with market competitiveness form the considerable production
scale progressively。At present, Huafeng group expropriate the lands of700 Mu（nearly
46.67 hectares）, plan to invest RMB 500 million and to build Huafeng industry
area to optimize and promote the industry and product structure on further.“Jufeng”brand
polyurethane resin for sole is the high quality material of making the different
grade shoe sole, Such as leather shoes sole, scandal sole, sport shoes sole ,
and different special use soles, -having density low, intensity characteristic
high, kind toughness. It occupies the first place in all kinds of sole materials
in abrasion performance and flex-resist. “ Jufeng” brand PU resin
for leather has good physics mechanical performance, processing characteristics
and cold-resistant performance, Some performances of the synthetic leather made
with it has exceeded those of the genuine leather and is applied to the fields,
such as shoes, clothing, case and bag, furniture, etc. in a large amount.In March
of 2002., “Jufeng” brand PU resin for sole and PU resin for leather
were chosen as “ best brand of product of Zhejiang Province” . In
September of 2002, “Jufeng”trade mark is chosen as‘ famous trademark
of Zhejiang Province. ‘ Qianxi’ brand Spandex silk, which is divided
into two series “clear” and “dull”, with specification
range from 15D to1120D. it can satisfy the requests of different users for warp
knitting, weft knitting and machine knitting and colored yarn etc and is applied
to the fields, such as underwear, recreation sportswear, the socks and medical
bandage, etc. extensively. The three leading products of Huafeng group have already
appraised through the provincial new technology, new products of Zhejiang. Engineering
level and product quality occupy and lead the position at home, equivalent to
the international most advanced level. By using the products of HuaFeng Group
with the excellent quality and performance and cheap price, The traditional industry
has been being optimized and promoted. HuaFeng’s products have promoted
the development of light industry, such as shoes, synthetic leathers and clothing
made in Wenzhou, etc The majorities of “ China ten major shoes kings’
use “ JuFeng” PU resin for sole resulting in employing the greatest
possible advantages of ’ low cost, the low price, high quality’ of Wenzhou
enterprises . Because of the remarkable contribution for the shoes industry in
Wenzhou, HuaFeng is awarded “The exploit enterprise of Chinese shoes Capital’
by the municipal government of Wenzhou. “JuFeng” PU resin for leather
and “Qiangxi” brand Spandex also play an important role in other two
pillar industries in Wenzhou ––Leather industry and the clothing industry.
So can say, HuaFeng group has made certain contribution for the international
city of light industry of Wenzhou and construction on Zhejiang Province manufacture
base.
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