MengNa

　　Zhejiang MengNa Knitting Co., Ltd. (hereinafter referred as MengNa) was established in May 1994 with the total investment of US$2.3 million. Covering an area of 13,000 square meters, its construction area was about 11,000 square meters. MengNa officially started production in May, 1995, with 78 sets of Lonati fine gauge knitting machines and 132 employees. The annual production capacity then reached 13 million pairs, and the sales volume was about US$5.2 million.
　　 After 10 years' development, MengNa has become the largest hosiery manufacturer in China, specialized in the production of hosiery and hosiery materials. The total investment has also been increased to? US$162.5 million, with 2100 sets of hosiery knitting machines imported from Italy, Korea and Taiwan. MengNa now covers an area of 360,000 square meters, of which 230,000 square meters are construction area. There are 5000 employees in MengNa, and its annual hosiery production capacity reaches 150 million pairs. In the year 2005, the total sales volume reaches? US$85milion, of which US$36 million are from export. It is estimated that the export volume will reach as much as US$60million in the year 2006. MengNa products enjoy great popularity ?by consumers from China, America, Germany, Italy, Denmark, Spain, Russia, and other countries. MengNa and YuanZiDan Brands have been awarded as ZheJiang Provincial Famous Brands, and MengNa enterprise is awarded as Contract Honoring and Credit Keeping Company. MengNa products have also been ?awarded as quality-inspection-exemption products by China National Quality Inspection Bureau in the year 2005. In 2006, MengNa has become the socks exclusive supplier of Beijing 2008 Olympic Games. 　　In domestic market, MengNa established 36 sales branches and 300 monopoly shops all over the country. In order to meet the demand of international marketing fragmentation, MengNa established branches or offices in U.S., Italy, Germany, England, Japan, Russian, and etc. Meanwhile, there is a professional sales and marketing team in MengNa, fluent in English, German, Korean, Russian, Spanish, Italian, and etc.
　　With China’s entering into the WTO, the degree of marketing internationalization is getting higher and higher. ?MengNa is also improving its management so as to meet the international standards. For example, MengNa dispatched 39 engineering technicians to Italy for training from 2003 to 2004. In 2005, MengNa passed the audit of MARKS & SPWNCER, it's the first time that a Chinese Hosiery Manufacturer passed such audits.
　　With the increasing support of YiWu Government, MengNa is now investing another US$100 million, importing 3200 sets of the most advanced hosiery machines, increasing 130 thousand square meters for construction area. By the end of 2006, MengNa's total investment will reach? US$262.5 million, with 5300 sets of heavy and fine gauge knitting machines, 12000 employees, 360 thousand square meters construction area, 600 million pairs of annual production capacity, and US$187.5 million for the annual sales (including US$900 million for export sales). By that time, MengNa will be the largest hosiery-specialized manufacturer.
　　MengNa warmly welcomes clients worldwide to visit and offer guidance, to establish strategic cooperation, to negotiate business and communication. We are providing our best service, our? first quality, our most advanced equipment and our most scientific management, we are trying to? meet customers' requirements from all over the world.　　You are warmly welcome to MengNa!