Jiangsu Honggang Industries Co., Ltd. situates in Wuxi, a dynamicindustrial and commercial area adjacent to Shanghai and Suzhou. Wehistorically transformed from Jiangsu Textile Group Wuxi BusinessCenter established in 1982, a state-owned branch of JiangsuProvincial Textile Administration. Apart from traditional textilemachinery, in mid 90s’ the group diversified into vegetable oilmachine business beginning with cottonseed oil mills, a deepenedvalue chain from cotton ginnery. From there we gradually extendedour business to versatile facilities in agriculture productsprocessing. After the structure reform in 2002, we operated undercurrent name to continue introducing Chinese machinery to theworld. Now we are a member of Jiangsu SOHO Holdings Group Co.,Ltd., watched by State-owned Assets Supervision &Administration Commission of Jiangsu Government.Currently we have three real-estates in Wuxi, total 20,000m2evaluated over RMB 250 million (USD40M). To serve our business wehave three strategic alliances in manufacturing sector.
