Zhejiang Shindai Group Co., LTD. is reformed from Zhejiang Animal By-products I/E Corp. which was founded in 1980 . "Shindai" is a province-level foreign trade enterprise group engaged mainly in production of textiles. Group owns more than 20 subsidiaries and 10 manufacturing plants of various types, and has its own cotton mills, printing and dyeing plants, knit-wear and woven garment manufacturing bases. Following its enterprise spirit of " Uniting, Innovative, Realistic, Efficient and Dedicative." , group has witnessed an ever-increasing business volume, richer variety of items and gradual rise of product sophistication since it embarked on I/E business 20 years ago. The turn-over in foreign currency increases every year. Since 1992, the annual amount has exceeded us$100 million at a stretch, and for ten years it has been ranked on the top 500 largest import and export companies in China. Since 2000, the annual turn-over has exceeded us$200 million . In 2001 the total amount of exports has ranked the 120-rd among the top 200 largest export companies in China. In 2002 its I/E turnover reaches us$233.60m.