sell Bungee Loop

Since 2002, we have mushroomed at a doubled speed, sold products to more than 30 countries and regions in Europe, America and the Asia-Pacific region, and blossomed into a large manufacturer in industry at home. To break through the regional restriction and further satisfy market, when introducing hi-tech equipment to increase output, we are planning to establish Libenli Fitness Equipment Co., Ltd. in Haiyang city. Libenli Fitness Equipment Co., Ltd is located in Haiyang City, which enjoys beautiful scenery and convenient traffic, with Qingdao in the west, Yantai in the north, and Weihai in the east. It is planned that the company will cover a land of 20,000sq.m. In the process of construction, ten sets of full automatic line for latex tube and assorted facilities will be manufactured, installed and put into operation gradually. The modern office center and fitness equipment line will also be completed step by step. Meanwhile, we will strive to snatch an occupation in fitness equipment market, complete brand construction, and realize an annual output of 1,700tons for latex products and sales amount of RMB 100million. III. Market Share 　　One of our main products is hi-tech elastic latex tube, which is made of the natural latex through unique formulation. It excludes any harmful substance and has no side-effect to human body. Featuring by portability, safe operation, novel pattern and lower prices, fitness equipments made of latex tube are gradually replacing those heavy and expensive equipments made of iron. Nowadays there are only three manufacturers of high-elasticity latex tube in the world: a. Manufacturer in Mexico: 15 years of history, annual sales income of US$ 8 billion, and annual output of 300 thousand tons; b. Manufacturer in Thailand: a Germany-owned enterprise with 10 years of history, annual sales income of US$ 12 billion, and annual output of 450 thousand tons; c. Qingdao Xinhan Special Rubber Products Co., Ltd. It is estimated that Xinhan will realize sales of US$ 12 million and annual output of 1700tons. With a decade of history, Xinhan has established long-term and steady cooperation with nearly 100 customers due to its quality products at rational prices, and sold products to more than 30 countries and regions. Featuring by good elasticity, bright color and anti-aging performance, Xinhan products have snatched an occupation in the international market. In a view of the international current, the international purchase is gradually transferring to China, and we believe that Xinhan will have larger market share in the future years. At present, Xinhan multilayer high-elasticity latex tubes have monopolized the domestic market, and Xinhan small-size fitness equipment accounts for at least one third of the total. No enterprises at home can compare with us.