Heilongjiang Xinda Enterprise Group Company Limited currently focuses on the development, manufacture and distribution of modified plastics primarily for use in automotive applications. The Company's predecessor,Harbin Xinda Nylon Factory, was founded in 1985 and became the first firm engaged in the R&D and manufacturing of auto modified plastics in China. The Company is headquartered in Harbin, Heilongjiang Province, China. The Company currently has three production facilities which cover an area of approximately 260 thousand square meters, and own 58 state-of-the-art production lines and over 200 sets of advanced R&D and inspection devices. Currently, the Company's annual production capacity is 255,000 MT and is a public company listed on NASDAQ.