Under Hang Zhou QingYun Holding Group, Hang Zhou Sunrise Spandex Co., Ltd. is a high-tech enterprise specializing in developing and exporting spandex products. It locates in Xiao Shan district, Hang Zhou city, near by one of the China biggest textile City. Sunrise has 320 employees. The factory covers 25 acres of land. Registered capital is 70 millions is 590 millions RMB (about 90 millions USD). The company started up in 2003. It has an annual output of 12000 tons of spandex with 3 production phases. The phase 4 expansion project of 8000 tons of special spandex has been commenced on. The company has a R&D center with highly qualified talents in spandex industry including US Ph. D&＃039;s. The company has been named as a National High and New Techno-logy Enterprise in 2010. 5% of the annual sales revenue has been fed back to R&D for new technology and new products development. The company owns 6 patents and number of self-developed intellectual property.