Ningbo Veken Elite import & Export Co., Ltd.

Ningbo Veken Elite Group Co., Ltd. is a public company with net assets exceeding USD85,080,000 listed on Shanghai Stock Exchange (stock name: Veken Elite, stock code: 600152).

The company is an industrial group, of which the leading products are top-grade bedding sets, curtains, sofa cover, blankets, knitted garments and fabrics, and yarns & threads. It annually produces 5.5 million pieces of raschel or other cotton blankets, 6 million meters of high-grade jacquard fabrics, 1 million sets of high-count bedding sheets and 13,000 metric tons of sewing threads, thus the annual sales income is over USD255 million.

The company is an export-oriented enterprise group, and owns 12 industrial entities and 2 trading subsidiaries, including 7 Sino-foreign joint venture enterprises, with more than 75% products are directly exported to developed countries and regions, mainly to the United States, European [Details]