China Worldbest Group Co. Ltd. - China

The company is the State Economic and Trade Commission approved the establishment of the national large-scale enterprise groups, in July 1992 registered in the Pudong New District of Shanghai, in January 1999 from the direct management by the central authorities. The company has wholly-owned subsidiaries, and holding 27, 26 Sino-foreign joint ventures, 12 professional import and export companies, overseas companies and offices of eight, has been preliminarily formed a state-level high-tech industrial development zones - China Textile International Science and Technology Industrial City as the main high-tech industries; Textiles, clothing, agricultural machinery, Chemicals, consisting mainly of new building materials manufacturing; 12 professional companies and the China Textile Import and  

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Export Trade Centre bonded to the mainstay of the international trading system; Shanghai China Source Investment Group as the core Real Estate enterprises, as well as financial investment five plate. 1996 successfully form a Shanghai Worldbest Co., Ltd. and Shanghai Huayuan Enterprise Development Co., Ltd. two listed companies by the end of 1997 holding of the Zhejiang Phoenix Chemical Co., Ltd., listed in 1998 and the Worldbest Kama Machinery Co., Ltd., Currently the total size of 11 billion yuan and net assets of 3.8 billion yuan. Won every year since 1994 the Shanghai municipal government issued export Contribution Award, in 1997 foreign trade enterprises in Shanghai ranked the first six total import and export volume, ranking first in the country 45. 1998 Chinas total import and export volume ranked 500 largest import and export volume of 102, of which exports accounted for the first 56.