International Taifeng Holdings Limited(00873.HK)
Profile
Email:
iter@taifeng.cc

WebSite:
http://www.taifeng.cc
Tel:
00852-22308913
Fax:
0634-8856606
Introduction from Google Finance
International Taifeng Holdings Limited is a Hong Kong-based company. The Company is engaged in the manufacturing and distribution of quality cotton yarns and bedding products. The Company also focuses on fine-count and high-count cotton yarns. Fine-count cotton yarn is used in the cotton textile industry while high-count cotton yarn is used to produce better quality cotton textile products. It has 4, 50, 000 spindles for cotton yarn production. As for the year ended 31 December 2009, 90% of cotton yarn revenue was generated from the sales of fine-count and high-count cotton yarns. It offers 120 varieties of cotton yarn products. The Company distinguish its cotton yarn products from other cotton yarn products in the market by characteristics such as fiber-blended, combed and knotless. It sells cotton yarns to fabric manufacturers in China and overseas.
Reports
Introduction from Company WebSite

Company Profile  


International Taifeng Holdings Limited ("Taifeng" or the "Company", SEHK stock code: 873) is one of the leading manufacturers and distributors of quality bedding products and cotton yarn products in China. Its subsidiaries comprise "Shandong Taifeng Textile Co., Ltd." and "Shanghai Taifeng Home Textile Co., Ltd." (together, the "Group"), with the former's history dating back to 2001.


With production base located in Laiwu City, Shandong Province, the Group enjoys economies of scale in view of its bedding products and cotton yarn production capacities. It is the eighth largest bedding products manufacturer in China, having 400 sewing machines and an annual production capacity of over 2 million sets. It is also one of the few large-scale manufacturers capable of producing high-count yarns, and ranks as the fourth largest fine-count and high-count yarns manufacturer in China. The Group has 6 yarn workshops with a total of 450,000 spindles, among which are advanced machineries such as the Swiss Rieter comber and the Italian Savio automatic winder, giving an annual production capacity of more than 30,000 tonnes. Hence, the Group is named the designated quality supplier for numerous renowned enterprises domestically and abroad.

Awarded National Torch Plan Hi-tech Enterprise by Ministry of Science and Technology, the Group dedicates in R&D to enable products to move towards the higher-end segment and branding. To date, the Group has developed over 1,200 varieties of bedding products, while more than 120 varieties of cotton yarn products. It also adopts stringent quality control using advanced and all-rounded testing processes. Given such, it has been awarded with numerous awards and accolades, among which,

•The "Taifeng" brand was awarded the "China Well-known Trademark";
•"Taifeng" branded bedding products attained the "Exemption Certificate for Product Quality Inspection";
•Its bedding products and cotton yarn products gained the accolade of being a "Shandong Famous Brand Product";
•Its combed yarn was accredited as a "China Famous Brand Product";
•The Group passed the ISO9001:2000 quality control system certification, and;
•It was awarded the "Shandong Province Quality Management Award".

As at 31 December,2010,the extensive sales and distribution network for the Group's bedding products business is made up of 81 distributors and 250 retail stores or counters nationwide, covering a total of 22 provinces and municipalities in China. Given the huge development potential for bedding products domestically, it also intends to further expand its sales network. The Group strategically cooperates with Combest Group, a renowned health bedding products manufacturer and distributor in the PRC with over 2,000 franchised stores, to better establish and develop its bedding product brands and networks through such synergy.


 

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