| Zhejiang Huaxin Holding Group has six subsidiary co***nies: Hangzhou Huaxin Textile Co., Ltd., Hangzhou Huaxin Thread Co., Ltd., Hangzhou Huacheng Polymerization Chemical Fiber Co., Ltd., Hangzhou Xinyang Chemical Fiber Weaving Co., Ltd., Zhejiang Lace Technology Co., Ltd., and Zhejiang Lace Import and Export Co., Ltd., Furthermore, there is a polyester fiber project named Jiangsu Desai Chemical Fiber Co., Ltd. The project is organized and invested by Huaxin Holding Group Technology Research and DevelopmentCenter, which is applying for the Provincial Level Technology Research and DevelopmentCenter, and China Textile Design Institute .
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