ZHEJIANG CHANGFEI FLUID INTELLIGENT CONTROL CO.,LTD.

Zhejiang Changfei Fluid Intelligent Control Co., Ltd. was established in June 2000. Its business address is Qianpai Industrial Zone, Chumen Town, Yuhuan County. The factory covers an area of approximately 4,662 square meters, with a building area of 4,300 square meters. It is a private enterprise with registered capital of RMB 4.8 million and currently has 500 workshop employees, including 35 management and technical personnel. The company owns more than 200 production machines and equipment, including instrument lathes, CNC lathes, combination machines, and assembly lines, with original fixed assets valued at RMB 7.45 million. The company produces various plumbing fittings and valve series products. All products are exported to overseas markets such as Europe, the United States, and the Middle East. In 2004, it achieved sales revenue of RMB 36.10 million and generated taxes and profits of RMB 3.11 million; in 2005, sales reached RMB 50 million. In 2006, sales reached RMB 85 million*. In 2007, output value was expected to reach RMB 150 million*, and in 2008, output value was expected to reach RMB 200 million. In 2007, the company obtained ISO 9000 certification and CE certification, and was rated as one of the county-level Top 100 Enterprises in both 2006 and 2007. In 2007, it was also rated as a * enterprise and was rated by Yuhuan County as a township enterprise “Two-Star Enterprise” for three consecutive years. Due to the continuous growth of business volume, in 2008 the company will invest more than RMB 20 million to start building new factory premises. For the people of Changfei, 2008 is a new starting point. All employees will work together, make progress together, and create new brilliance!!