DONGYANG GRACE TRADING CO.,LTD

As a subsidiary company of Zhejiang Sunny Group, Dongyang Grace Trading Co., Ltd. is an international trade corporation with the right for import and export. It has reached excellent achievements and progress in export of products and exploitation of international market for Sunny Magnet Co., Ltd. Sunny Garments Co., Ltd. and Sunny Chemical Co., Ltd. which are the other subsidiary companies of the Group. At the same time, it also provided good service of international trade in import of worldwide lst class equipment used for package of IC chips. Besides, Grace Trade Co., Ltd. fully utilized its right for import and export of various products and developed the business of "Commitment for processing with imported materials and buy-back of products". It achieved great progress in providing agency service of export business for garments, shoes & hats, arts & handicrafts, mechanical & electrical products for other medium- and small-sized non-state-owned and private enterprises in Zhejiang. From Early 2002 to the end of June 2002, i.e. only within a half-year, Grace Trade Co., Ltd. fulfilled total import & export amount 14.24 million USD, in which export volume reached 12 million USD.
    Grace Trade Co.,
Ltd. will be the vanguard and pioneer for Sunny Group to advancing into international market and will become a new generation among the non-state-owned international trade companies of Zhejiang Province.