Established in Oct.1992, Hangzhou Chemical Fibre (Group) Company has total assets of RMB 1,300,000,000 and a work force of over 4000. The company is specialized in producing 3 series of chemical Fibre (viscose rayon, nylon filament and polyester staple fibers) with over 30 varieties. Annual output amounts to about 24,000 tons. The quality of our products comes out first in China, 6 of which have been awarded Quality Prizes by the Provincial Development, the Ministry and the State. In particular, BLUEPEACOCK Viscose Rayon has got the State Silver Medal for Superior Quality every year from 1983 and passed the ISO9002 certification in 1997, which are produced by our main enterprise - Hangzhou BLUEPEACOCK Chemical Fibre Co., Ltd. BLUEPEACOCK has been entitled Famous Brand of Zhejiang Province and enjoys a high reputation in the international market.

The group company has changed from a single manufacturer to a capital-operation enterprise acting as a investor, a holding company, a mutual shareholder and a joint operator. Its subordinates include 3 joint ventures of Hangzhou BLUEPEACOCK Chemical Fibre Co., Ltd, Hangzhou Huaou Nylon Co., Ltd and Hangzou Duoli Yarns Co., Ltd as well as 8 subcompanies (including the Bluepeacock Hotel). Being a large-size enterprise group integrating chemical fiber production, weaving and textile ornament production, it ranked among the Top 500 Excellent State-owned Enterprises in 1995, was approved as on of the Five First Enterprises Supported by Zhejiang Province. Besides, it is a AAA-Credit enterprise and Advanced Enterprise in Management in Hangzhou and Zhejiang.

At the beginning of the new century, we set up the development strategy of Narrowing Business Scope, Strengthening the Mainstays, Enforcing the Group and Stressing Capital Operation. We are making efforts to establish a modern enterprise system. Meanwhile, we are willing to make more contributions for the development of the chemical fiber industry in China and more exchanges and cooperation with other investors who have the same ambition in a wider range.