Yuyao Textile Equipment Plant is a member unit to China Textile Machinery & Equipment Industrial Association. it was established in 1993 with a registered capital of RMB3.18 million yuan. Ningbo Dan Dan Chemical Fibre Textile Co.,Ltd was established in 2001 with a registered capital of RMB1.5 million yuan. It is a new type modernized non-governmental enterprise, located in the Yaobei Industrial Development Zone, Yuyao, Ningbo City-a city known as a grandious port in the east. Presently the company covers a floor space of about 25,000 square metres and a floorage of about 16000 square metres along with a RMB50 million yuan-worthy self-owned properties. It is an enterprise that combines the manufacturing, the scientific research and the trading into an integral whole. It was ISO9001:2000 certified in 2000, has established the textile machinery part industry, a deep groove ball bearing industry and the textile yarn industry, etc. has formed a strategic arrangement for the development of the international market. In 2004 the company was conferred upon the self-import & export permit on commodities and technologies.