Kendi Industry Co., Ltd.

Kendi Industry Co., Ltd. was founded in 1989, It is a private enterprise specializing in the production and sales of common bicycles, environment-friendly electric bicycles and bicycle frames with a covering area of 50 Mou-a unit of area, It has also set up a workshop with a covering area of 10 Mou in Nan Village, Huashan District, which specializes in the production of all kinds of bicycle frames, and equipped with the Japanese Static Spray-paint facilities and Taiwan advanced production lines of bicycle frames and complete assembly lines. Since the founding in 1989, it has transformed small hardware factory with several dozen persons in the initial stage to a nowadays company with over 720 persons, among which there are over 120 persons above the technical secondary school and over 60 technical and managerial persons above the junior college (3 engineers, 10 economists and 20 technical persons and over 40% staff above the junior college). Annual sales volume reaches over 600, 000 bicycles, production value over 100 million Yuan and yearly national profit tax over 2 million Yuan. It is a medium-sized enterprise with a good reputation, having extensive customers at home and aboard.

We always adhere to the principle of "customers are the focus and quality is life" and operational concept of "innovation, quality, honesty and credit, and efficiency". Acting in the enterprise spirit of "constant study, constant improvement, constant progress, constant innovation and constant perfection", we will guarantee to provide the extensive customers at home and aboard with the first rate quality and sincere services. Due to the brand new styles and fine quality, our products were selected as the "Surmount the Dream" special purpose vehicles for the closing ceremony large-scale performance evening in the ninth National Games of People's Republic of China, thus making our products famous at one blow. Then we have taken a key step from the products to brands.

We have enjoyed the great popularity in the East Europe, South America, Middle East, America and other countries and regions by high efficiency and quality. After the year 1999, our products were fundamentally export-oriented with 80% for exports, bringing in the foreign exchange of over 10 million dollars. In 2002, we produced 501, 000 bicycles worth of 76 million Dollars, turning in the benefit tax 1, 670, 000 Yuan (national tax 1, 240, 000 Yuan, Local Tax 430, 000 Yuan) and bringing in the export exchange of 8, 060, 000 dollars; Our target production volume in 2003 is up to 750, 000 bicycles with expected worth of 120 million Yuan. In order to shorten the logistics turnover, rationally utilize resources, enliven the south and north economical exchanges and speed up the enterprise development.

"Surpassing every step" is kendi's working target. Following the successful 60 years of OEM contract in 2002, we are advocating the environmentally friendly concept compatible with the international building and production industry. In 2003, we began to double our efforts to build up the electric production line of bicycles incorporating the environmental protection, energy saving, practicality and leisure In three years, we will develop into the first rate enterprise domestically producing all kinds of bicycles including electric bicycles, realize the business administration informationization gradually. We believe that Kendi will become more splendid and brilliant tomorrow with the common efforts with one heart and mind and will also make more contributions to the national foreign exchanges and the national and local development.