In July 2007, Qingdao Hongshi Fuxing High Tech Co., Ltd., the northern company of Fuxing Group, was established. Qingdao Hongshi Fuxing High Tech Co., Ltd. is a zipper and high-tech product production base covering an area of more than 50 mu, which Fuxing Group invested HK $50 million in Jimo western development zone. It is a joint venture between Fuxing Group, Jimo municipal government and Jimo Investment Promotion Bureau, Carefully build a northern zipper manufacturing giant.

With the support and care of the leaders of Fuxing Group Corporation, Qingdao Branch has completed the commissioning of the production workshop and entered the initial stage of production. At present, there are more than 70 employees in total, including more than 40 employees in the production workshop. Strip assembly, painting pull head and metal code assembly can be completed independently and have orders. The painting workshop has also entered the normal production track, and the dyeing workshop is in the active preparation. On the basis of the original Qingdao Office, the business department continues to expand its business areas and recruit talents. At present, in addition to continuing to develop the business in Qingdao, the business department focuses more on the whole northern market. The Dalian Office has been completed and the business work has been carried out. The Beijing office, Tianjin Office and Harbin Office are also investigating the market and making active preparations.

The establishment of a factory in Qingdao will greatly improve the speed of zipper mold opening and proofing. Compared with other consignment factories, we have greater advantages. After investigation, there is great development value in Qingdao, Weihai, Yantai, Dalian, Tianjin and Beijing. Therefore, it is wise for Fuxing Group to establish a company in Qingdao. We believe that Fuxing Qingdao company will not disappoint you and will bring greater profit value to the group company.