Lichuan Hongli Bristle Making Co., Ltd.

Our company was founded in September 1997 and belongs to the processing of agricultural by-products. It is an export-oriented private enterprise integrating bristle acquisition, processing, sales and export. Its registered capital is 20 million yuan, and its total assets are 50 million yuan. The annual output of finished products is 100, 000 kilograms (2, 000 boxes), with sales revenue of 55 million yuan (including export earning foreign exchange of 3 million dollars).

The company has more than 100 employees, belonging to processing enterprises above scale, and is also a key export earning enterprise in Lichuan City. After self-employed export in 2006, export earned US$138, 000, and gained good reputation in the international and domestic markets. Export earned more than $500, 000 in 2007. In 2008, we achieved a breakthrough in earning millions of yuan from exports. In 2009, it is expected to achieve export earnings of 1.5 million yuan and output value of more than 20 million yuan.

According to the company's development goal and the international market, the company has established good business relations with Britain, Netherlands, Turkey, Italy and Indonesia. In order to improve the competitiveness of the company's boiled bristle products, the company continues to occupy the international market, increasing capital investment, expanding production scale and improving processing technology.

It is planned that in the next three years, enterprises will develop to about 10, 000 boxes (50 kg per box), improve product competitiveness, achieve export earnings of US$5 million, and complete the output value of more than 80 million yuan.