Our company, based on textile industry, is a huge conglomerate ranked State Grade and engaged in diversified-economy including industry, commerce, trade, science, finance, real estate, information and consultation, etc.  As the National Top Enterprise, the enterprise directly subordinated to the Central Government, it enjoys the authority in foreign affairs. UDC has invested in more than 60 enterprises, some of which are its wholly owned subsidiaries or its holding corporations. It has set up representative offices in the U.S.A., Western Europe, Japan, South East Asia and the areas such as Hong Kong and Macao and has established strong business relationships with over 100 companies from more than 50 countries and areas worldwide.  UDC has been classified as one of the most outstanding enterprises for trading volume, foreign currency earning, profit gaining and tax payment. It has been granted the AAA credit grade and is entitled as one of the Shenzhen City's Top Fifteen Conglomerates in terms of comprehensive economic capability.  UDC is a holding company of two public corporations in Shenzhen, the UDC Holding(000036), which owns the Jiansu Kangbo Corporation(Group), the largest down filled clothing manufacturer in China with the famous brand name of Bossden, and the Shenzhen Victor Onward(000018), which owns the Ninghai UDC Textile Corporation and Yuyao UDC Textile Corporation, the largest colored yarn production base in China. In real estate industry, Hualian Garden Residence Area, invested and developed by UDC, has been named as Shenzhen's Safe and Civilized Residence Area by the relevant authority. The Hualian Building (also known as Shenzhen's Big Ben), has become one of the landmarks of Shenzhen, it houses in its 32, 000 Sq. meter floorage offices, conference rooms, banking securities, civil airline box office, trainingcenter, hotel, entertainment, gym, bars, etc. is admitted by the Ministry of Science and Technology as the software development and production base in the national Torch Project. It is a hi-tech enterprise integrating the activities of R&D, manufacturing and service with products meeting the current international standard. UDC has invested to establish a number of the high-tech enterprises, with the China General Corporation of Textile Science and Technology Development and Honghua Computer Technology Corporation being two of them. China Textile Science and Technology Developing General Corporation was founded in January 1993 and is registered with the State Bureau for Industry and Commerce Administration as a national hi-tech Enterprise. Its operation involves textile hi-tech R&D, manufacturing and marketing of output of hi-tech, contracting textile technology engineering project. In fifteen years, UDC has experienced significant growth with all its staff's contribution to its resource and strength. UDC's businesses range has extended from textile industry investment to domestic and international trade, real estate development, property management, services  industry and other non-textile industrial area.  In the future, UDC will further enlarge its investment in the hi-tech field in an effort to becoming a modernized international corporation.  Union Textiles of China (UDCTEX)Ltd, (UDCTEX), affiliated to UTC, specialize in manufacturing & exporting of chemical or synthetic and natural and blend fabrics, such as polyester and nylon, cotton, T/C, T/R, N/C, N/R, C/N etc. It has the processing capability for all sorts of natural and synthetic fabric, from weaving, dyeing, printing to a full set of finishing technique.