Ningbo Veken Elite Group Co., Ltd is a public company with net assets exceeding RMB 700 million. It is listed on Shanghai Stock Exchange (Stock name: Veken Elite; stock code: 600152).The company is an industrial group whose leading products are up-market home textile, yarns & threads,knitted garment and fabrics. It annually turns out 5.5 million Pcs of Raschel or other cotton blankets, 6million meters of high-grade jacquard sheeting, 1million sets of high-count bedding and 13000 tons of various sewing threads, with annual sales exceeding RMB 3 billion. The company is an export-oriented group and also the largest home textile exporter of China. It owns ten industrial entities and two trading firms, with 70% of the products for direct export to Japan, USA, Europe, Hong Kong and other developed countries and regions, earning over USD 150 million in foreign exchange annually.
The company advocates human priority, emphasizes economic benefit as well as social benefit. Its ultimate objective is to “absorb the essence of fiber technology and create a top brand of Chinese home textile”. Besides getting the certifications of ISO9000 quality system and international green product system, the company is entitled to the Chinese home textile name brand.