01962 EVERGREEN PG

We are one of the world's leading manufacturers of hair accessories, including wigs, hair accessories, braids and high-end human hair products. According to the Frost Sullivan report, we ranked fifth in global hair accessories sales, accounting for about 4.6% of the global manufacturer's revenue market share in 2015. We design, manufacture and sell a range of hair accessories made of synthetic fibers and human hair for different ethnic groups and Halloween markets. Our main market is the United States, which accounted for about 73.9% of our revenue in 2015. Our main products sold in the United States include chemical fiber hair accessories mainly used for daily wear, beauty and care for African-American women. Our other major markets are Europe and Asia, accounting for about 9.6% and 13.0% of our revenue in 2015, respectively. The products we sell in these two markets mainly include high-end human hair receiving products and other hair accessories designed for African American women in Europe. We have three production centers in China and two production centers in Bangladesh. Although our production equipment was originally located in China, we began to expand production to Bangladesh in 2009. We plan to take a step forward to build and complete five new production facilities in Bangladesh by the end of 2019, with a total floor area of about 150000 square meters and a planned capacity of about 8000 production workers. As at June 30, 2016, we had a total of 826 staff in China and 14097 in Bangladesh.