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Zhejiang Jinyuan Flax Co., Ltd.

Founded in 2003, it is a business with total asset of RMB710 million and more than 1,100 employees. It specializes in the production and sale of linen yarn and is one of the key manufacturers in linen industry in China. Its registered capital is USD36.32 million with total scale of linen yarn production of 37,000 spindles, translating into an annual production of more than 7,000 tons of wet spun linen yarn in various specifications, ranging from 6 to 80 nm and a variety of functional and differentiated flax fiber. It is a key supplier to customers worldwide.

Zhejiang Kingdom Flax Co., Ltd.

Invested and founded by Zhejiang Jinyuan Flax Co., Ltd., a subsidiary of Kingdom Holdings Limited. The registered capital is RMB100 million.  Its total project investment is RMB319.89 million with RMB259.3 million in fixed assets. It occupies approximately 86.3 mu (roughly 14.4 acres) of land, including 71,939 square meters of new factory, office building, production facility and etc. There are 56 sets of various advanced equipment, such as roving machine, boilers, drying machine and winding machine from overseas, meanwhile, there are also 135 sets of advanced spinning machine and auxiliary equipment procured domestically, creating the production capacity of 5,000 tons of high-end linen yarn annually.

Embracing technology and adopting advanced technology to improve the traditional manufacturing processes, the production skills of the company is in the world leading position among its competitors. The main features including:

1. There are 5 proprietary invention patents utilized in production equipment and technology used in the factory, and they were all turned into practical application in production.
2. Achievement in "automated production". New breakthrough in information technology and automation, to reduce use of labor workers by 25% than that of competitors per 10,000 spindles of production.
3. Focusing on environmental protection and energy saving. In collaboration with Siemens AG, utilizing its advanced equipment and technology management to realize high efficiency of energy saving by means of energy management, power supply and distribution system, etc.

Jiangsu Jinyuan Flax Co., Ltd.

Founded in 2003 and commenced production in March 2005. This facility occupies ​​207,446 square meters of land. The registered capital is USD28 million and invested by Zhejiang Jinyuan Flax Co., Ltd. and Kingdom Group Holdings Limited.

The total investment is now more than RMB600 million with 32,000 spindles that produces more than 6,000 tons of wet spun linen yarn annually, with more than 1,100 employees. It is the largest flax spinning enterprise in Jiangsu Province.

In addition, it has won honorary titles, such as "Advanced Business in Foreign Trade", "Four-Star Grade Business", "Top 50 Business in Industrial Economy" in Rugao City.