As a large private owned enterprise, HUAFON GROUP was founded in May 1991 and its main business is new materials while sets foot in industries such as real estate, logistics and finance. So far it has more than 3, 200 employees and beyond 6 billion RMB total assets. In 2009, the manufacturing industries of HUAFON GROUP realized sales income of RMB 5, 683, 000, 000 with tax of RMB 798, 000, 000. HUAFON GROUP is selected as China Top 500 Large Enterprises Group Competitiveness, China Top 500 Manufacturing Enterprises, China Top 500 Private Enterprises and China Top 100 Petroleum and Chemical Industry for successive years.ã??ã??In the past 19 years, HUAFON has been striding forward and creating many national and industrial NO.1 by continuous innovation. Up to now HUAFON has become biggest manufacturer of PU resins for shoes and leather around the world and also the domestic biggest while the global third largest spandex fiber producer. HUAFON focus on researching and developing series products such as PU resin both for shoes and leather, PU elastic fiber (spandex), micro-fiber synthetic leather, insulation materials and aluminum foil etc. of which PU resin and spandex series of products are awarded China Famous Brand Product by the National Famous Brand Promotion Committee. HUAFON has five production bases in Wenzhouã??Shanghaiã??Fujian and Chengdu etc, a National Enterprise Technology Center, a National Industry R & D Center, two Provincial R & D Center, four national Hi-Tech enterprisesï¼?and it is also the drafting unit of the national industry standard of five series of products such as micro-fiber synthetic leather and spandex filament etc.ã??