Jiangsu Guotai International Group Guomao Co.

Jiangsu Guotai International Group Guomao Co., Ltd , with a registered capital of 300 million RMB , was founded by the approval of the people¡¯s government of Jiangsu Province in 1998. The main business scope involves import & export , such as textile, garment, tools, light industry and chemicals, and labour dispatchment. Guomao¡¯ stock name is Jiangsu Guotai, and stock code is 002091. Guomao is located in Zhangjiagang City which is in the southern bank of lower reaches of Yangtse River, and southeast of Jiangsu Province. Neighbored Nantong, Rugao, Jinjiang in north, Taihu Lake, Wuxi, Suzhou in south, Changshu in east, Jiangyin, Changzhou in its west. It is only 98 km from Shanghai, and 200 km from Nanjing. It is a newly industrial city , which is in the Yanhai Economic Development Area and Yangtse River Economic Development Area. It has a international commercial harbor----Zhangjiagang Harbor, and an only inland river-type free trade zone in China ----Jiangsu Province Zhangjiagang Free Trade Zone. In 2011, total value of import & export amount to 597 million USD, with export value reaching to 552 million USD. By the end of year 2011, total assets of the company has increased to 1849 million RMB, net assets has reached 1080 million RMB. Also earnings per share is 0.546 yuan . Guomao now has been establishing the scientific view of development and carrying out the strategy of sustainable development . Talents are core resources in the company. The company is training a procession of talents, who are good at international trade, chemical material, technology R&D, enterprise management, and capital operation. The company practices supply chain management which regards customers¡¯ demands as motive power, converts the management pattern to change from a trader to a supplier. It will increase the investment in new chemical materials through additional share, and make the trade and chemical develop harmoniously. It will take more social responsibility, and protect the interest of the shareholders, especially the minor shareholders. Guomao is going to develop itself as a comprehensive enterprise with integration of trade, industry and technology ,foreign trade being the flagship, industry being the basis, science and technology being the support.