LOCATION : DONGYANG CITY, ZHEJIANG PROVINCE,
P.R.CHINA
A R E A : 7,500 SQM
BUILDING : 3,700 SQM
INVESTMENT: US$1,150,000.00
(KOREA 54% & CHINA 46%)
PRODUCT : GRASSCLOTH & PAPER WEAVE WALLPAPERS
APR. 1994 CONCLUDED AGREEMENT FOR ESTABLISHMENT OF
KOREAN - CHINESE JOINT VENTURE COMPANY.
JUN. 1994 OBTAINED THE SANCTION OF J-V COMPANY FROM
THE AUTHORITIES CONCERNED.
JUL. 1994 REGISTERED THE J-V COMPANY TO THE AUTHORITIES CONCERNED.
APR. 1995 COMPLETED THE PRODUCTION FACILITIES.
MAY. 1995 STARTED THE NORMAL OPERATION.
1996~1999 RECEIVED EVERY YEAR THE PRIZE OF ADVANCED TRUST WORTHY
J-V COMPANY FROM DONGYANG CITY, ZHEJIANG. AND,
CREDIT LEVEL OF 'AAA' FROM THE AGRICULTURE OF BANK
