CRD is located in Maqiao Warp Knitting Technology Industrial Park of Haining, nearby the beautiful Qiantang River in the Yangtze River Delta, 110 km from Shanghai in the east and 70 km from Hangzhou in the southwest. Founded in 1997, CRD has a registered capital of 25 million yuan, total assets of 270 million yuan, an area of 82,000 square meters, more than 350 employees and highly-educated managerial and technical personnel. Since its inception, it has been introducing internationally advanced technology and equipment, and it has now grown into one of the largest enterprises with the most advanced facilities and strongest technical force in the industry.