Kaifa listed among Top 200 Export Enterprises in China again


China Customs lately published the list of Top 200 Export Enterprise in China of 2005. Kaifa was ranked 83rd with an income from export amounting USD763 million in 2005. This is the second time Kaifa was listed among Top 200 Export Enterprises of China. The ranking evidenced the strong competence of Kaifa in export business.

In 2005, under guidance of the National Bonded Factory Supervision Networks, Kaifa took the advantage of the favorable development opportunities by relying on its effective customs clearance operations. The Company saw great increase in the volume of operations in terms of magnetic heads, memory modules, U disks, electricity meters, optical and magnetic elements. Meanwhile, Kaifa has made successive efforts in improving its internal control to promote its credit ranking with governmental supervising bodies, reduce its credit risks in the operations, and win more conveniences for its future development.