JOINT VENTURE NINGBO CHANGQI FLUORINE PLASTIC PRODUCTS CO.,LTD.

1. Enterprise Name: Ningbo Changqi Fluoroplastic Products Co., Ltd. Established in 1993. 2. Enterprise Nature: Sino-foreign joint venture, with self-operated import and export rights. 3. Legal Representative: Li Aoqi. 4. Geographic Location: Located 5 kilometers north of the urban area of Ningbo. 5. Land and Factory Buildings: Covers an area of 13,500 m², with a factory building area of 8,000 m². 6. Personnel Composition: The company has more than 450 employees, including more than 60 engineering and technical personnel. 7. Business Policy: Market-oriented, quality-leading, cost-centered, and talent-based. Quality Policy: Meet needs, exceed expectations, pursue perfection, and lead the industry. 8. Quality Certifications: ISO9001:2000; Japanese JIS quality system certification; U.S. UL and Canadian CSA product certifications. 9. Products: Polytetrafluoroethylene (PTFE) sealing tape, microporous filter membrane, large plastic containers, and plastic products. 10. Product Applications: Used for threaded and flat sealing of oil, gas, and water; microfiltration of oil, gas, and water; and product turnover. 11. Product Features: Flexible, high tensile strength, temperature-resistant, resistant to acid, alkali, and solvents, non-aging, non-toxic, non-stick, and other special excellent properties. 12. Sales Performance: More than 95% of products are sold to over 40 countries and regions, including Europe, the United States, Japan, the Middle East, ASEAN, Hong Kong, and Taiwan. 13. Development Status: From 1993 to 2003, the average growth rate was 30%, with scale and benefits ranking first among domestic peers. 14. Development Status: From 1993 to 2002, the average growth rate was 30%, with scale and benefits ranking among domestic peers. 15. Honors Received: 1. Member of China Fluoroplastics Association; 2. Recommended Product for China's Accession to the WTO; 3. National Foreign-Invested “Double Excellence Enterprise”; 4. “Sample Enterprise” for Foreign Exchange Business of Foreign-Invested Enterprises in Zhejiang Province; 5. Enterprise with Best Economic Benefits in the Industry in Zhejiang Province; 6. Ningbo Famous Trademark; 7. Ningbo Famous Brand Product; 8. Best Export Foreign Exchange Earning Enterprise in Jiangbei District, Ningbo; 9. Excellent Enterprise in Developing High-Tech Industries; 10. Excellent Self-Operated Export Enterprise over the Years; 11. Strength Project Enterprise; 12. Key Export Enterprise; 13. Civilized Unit of Jiangbei District; 14. Bank Credit Rating AAA. Tel: 0574-87580631. Business Scope: Manufacturing of polytetrafluoroethylene and other plastic products, seals, hardware products, plastic machinery, filter membranes, filters, sealing adhesive products, and sealing tape machinery and equipment; self-operation (excluding distribution) and agency import and export of goods and technologies, except for goods and technologies whose import and export are restricted or prohibited by the state.