Zhejiang Xintai Group Co., Ltd.’s main business scope includes: brand agency, retail chain; energy development, property management and import and export trade, etc. The new industrial park is located in Louqiao Industrial Park, covering a total area of ??120 acres and a total area of ??160,000 square meters. It has fully realized the intelligent office of the group headquarters. Currently, there are about 3,000 employees in the headquarters.
The company is composed of six major business divisions, namely glasses manufacturing division, new energy division, brand agency division, retail chain division, import and export division and investment division. More than a dozen subsidiaries are located in Hong Kong, Shanghai, Shenzhen, Wenzhou, Jinhua, Quzhou and other places.
The group’s main glasses manufacturing division includes China Xintai Optical Co., Ltd. and Wenzhou Xingtai Optical Co., Ltd.: At the same time, we have a complete glasses production chain, from the collection and research of early market information to Wenzhou We conduct product research and development with a professional design team of more than 100 people in the Shenzhen Design Center, and then produce and manufacture the products through the production bases in Wenzhou and Shenzhen, and finally sell them to all over the world and export to the international market. The average annual output of glasses reaches 20 million pairs. It also has its own brand "dolphin glasses". After more than ten years of hard work, "dolphin glasses" has quickly become the largest-selling sunglasses brand in the Chinese market. It is also the first glasses brand in Wenzhou to win the title of "China's Well-known Trademark".
The new energy business divisions that the group is currently focusing on include Zhejiang China Silicon New Energy Co., Ltd., Zhejiang Saili Technology Co., Ltd., and Wenzhou China Silicon Technology Co., Ltd., which mainly produce solar monocrystalline silicon and solar polycrystalline silicon. , solar cells, solar module systems, solar system engineering and other photovoltaic products. It is expected to reach 600 megawatts in 2011, with an annual production capacity of 7 billion yuan.
The business direction of the import and export division under the group is the export of plastic particles, silicon materials, and components. In addition, it also has import and export business of materials and products related to the solar photovoltaic industry. It is estimated that the annual import and export sales will reach 5 -600 million yuan.
In 2007, the Retail Chain Division acquired MOSCOT, a century-old chain brand founded in 1889 and well-known in New York's high-end fashion eyewear industry. MOSCOT is positioned in Hong Kong, Beijing, and Shanghai, with first-tier cities as its main business positioning. Currently in Shanghai, it has a variety of store formats including flagship stores, concept stores, shopping mall stores, and community stores, targeting different brands, styles, and price points.
In 2010, the Wanjia chain project - American glasses was launched. American glasses entered Shanghai in 1996 and have a good reputation. The new "American glasses" advocate the business philosophy of "high quality, low consumption" and use a new experience model of direct sales from factory brands to stores; targeting sales in second- and third-tier cities, Create store services with relaxed, casual and conceptual features. Stores are located in shopping malls, pedestrian streets, communities, supermarkets, tourist areas, and markets with low and medium consumption levels.
Investment Division - Shanghai Lirui Industrial, mainly engaged in real estate, property management, brand agency, etc.
Since its establishment in 1993, Xintai people have always adhered to the corporate mission of "building Xintai brand and creating world glory", based on integrity, reaching forward with innovation, and always insisting on "pursuing excellence and using advanced technology". Technology and scientific management ensure the quality policy of continuous improvement of quality, striving for excellence, and pursuing product perfection and customer trust with ingenuity. It has been commended by governments and departments at all levels over the years, and has won the title of "Zhejiang Province Advanced Overseas Chinese Enterprise", Wenzhou It has been awarded honorary titles such as "Star Enterprise", "Five Batches" Key Enterprise, Bailong Enterprise, Municipal Civilized Unit, "Zhejiang Province Contract-abiding and Trustworthy Enterprise", and "National Customer Satisfaction Enterprise".
Introduction to the Chairman
Born in Wenzhou, Zhejiang in 1964. In 1980, he started learning the glasses business as an apprentice in his father’s glasses workshop
Founded in Wenzhou, Zhejiang in 1985 The first glasses wholesale and retail company at that time
In 1988, it invested in a glasses processing factory in Wenzhou, Zhejiang
In 1993, Wenzhou Xintai Optical Co., Ltd. was established, including optical glasses, sunglasses, etc. Multiple branches, mainly engaged in OEM production for large shopping mall customers such as foreign WAL-MART.
In 1994, China's first independent designer brand "Dolphin" was registered in China. Its trademark has been registered in many countries around the world. In 2007 Recognized as "China's Well-known Trademark"
In 1996, it invested US$25 million to establish Zhejiang Taiheng Optical City Group
In 1996, it signed a contract to become a supplier to many foreign chain groups such as WAL-MART.
In 1998, it continued to expand investment and established design centers and multiple factories in Shenzhen and Dongguan to produce world brands.
In 1999, it invested US$3 million to establish Shanghai Xintai Eyewear Co., Ltd., mainly Responsible for the management, brand operation and sales promotion of independent brands such as "Dolphin" sunglasses in the domestic market
In 2004, it invested US$3.5 million to establish Shanghai Yigao Eyewear Co., Ltd., and hired Robert Hilliman, a senior American optician, as the president. Manager, representing many world-famous brands such as Calvin Klein, FENDI, NIKE, etc.
In 2005, China Xintai Optical Co., Ltd. was established with an investment of US$43 million, covering an area of ??120 acres and a construction area of ??160,000 square meters, including factory buildings. , research center and headquarters building, the glasses industry began to upgrade, and the business model focusing on brand operation, design and R&D was in line with international standards.
In 2006, it acquired the permanent operating rights of MOSCOT Asia in the United States, invested US$5 million to establish Moscote International Chain Group Co., Ltd., and opened exclusive high-end brands and designer brands (such as alain mikli) with Shanghai as the center. The chain store has hired Frankie Chan, the former general manager of Gordon Optical in Hong Kong and a senior optical marketing manager, as its general manager.
In September 2011, Hu Fulin, the boss of Xintai, disappeared with money. Among the 2 billion in funds Hu Fulin took away, private loan sharks reached 1.2 billion, with monthly interest rates as high as more than 20 million, and The bank loan is 800 million yuan, with a monthly interest of more than 5 million yuan. If Hu Fulin really runs away with debt, this will be the largest debt escape incident by a Wenzhou enterprise.
Since local enterprises in Wenzhou have mutual guarantees, once problems arise in one enterprise, it will generally affect other enterprises. Industry insiders are worried that the incident will once again trigger a wave of bankruptcies among local small and medium-sized enterprises. Therefore, the news that Hu Fulin ran away with debt has always been the focus of public opinion.
Since April this year, news has continued to spread about Zhejiang business owners running away. At that time, three well-established enterprises in Wenzhou, Sanqi Group, Portman and Jiangnan Leather, went bankrupt or closed down one after another, attracting attention from all walks of life. Before Hu Fulin, chairman of Xintai Group, ran away with debts, the disappearance of Zheng Zhuju, the female owner of the well-known "Baile Home Appliances" in Wenzhou, caused quite a shock in the local area. After Zheng Zhuju was captured by the police, the situation gradually calmed down, but the escape effect gradually spread. According to incomplete statistics, from September 12th to 22nd, the bosses of 7 local companies in Wenzhou were involved in the disappearance whirlpool. On September 22nd alone, 9 bosses ran away in Wenzhou, and Hu Fulin’s disappearance will The incident of Zhejiang business owners running away due to debts has reached a climax.