Henan Zhongfang Cotton Exchange Market Co., Ltd. (hereafter referred to as the Company) is located in Zhongfang Textile Industrial Park, Fugou County, Henan Province. It has the registered capital is 30 million yuan and an area of more than 200. It is a special company in running cotton storage service. At present, through evaluating and approval of national cotton exchange market, the company officially became cotton transaction warehouse in 2006.  The company enjoys advantageous geographical position and convenient traffic, which is 120 km far from Zhengzhou, the capital of Henan Province. It is adjacent to Jingshen Expressway and Jingguang Railway in the west, Longhai Railway Line in the north, not 100 km away from Zhengzhou Xinzheng International Airport. National Road 311, Zhengzhou-Zhoukou Provincial road and Zhengfu road and other local railway near the company. It is 3 km away from the passageway of Luofu Expressway which is the traffic hinge of eastern Henan and has strong goods transfer and loading-and-unloading capacity. 　　 The Company has a cotton exchange building, high-standard steel structure warehouses about 50,000m2 according to No. 78 [2002] Cotton Storage Construction Standard, and 23,400 m2 of open depository. Now there are 60 employees including 30 professionals engaging in cotton storage in a long term and 6 cotton check professionals. The company possesses sound equipment concerning storage, check, load-and-unload and fireproof. It has completely reached the supported capacity with storage volume. It can meet bigger cotton throughput capacity. The Company meets the requirement of cotton storage enterprise in storage capacity, management level, and safety control. It can supply sound cotton storage service for many cotton-related enterprises.  The Company bears related cotton storage responsibility according to designated transaction warehouse agreement signed with national cotton exchange market. It charges according to standard. Its service charge is made according to the storage contract between the company and cotton enterprises. The cotton-related enterprises, national cotton exchange market and our company have established cotton storage business contact. Based on original single sales channel, it broadens the sales channel and improves the market feedback speed, and speeds up the cotton turnover under the sales network of national cotton exchange market and the sales mode of electronic matched and hedge. It is conducive to balance sales and decrease the market risk. At the same time, it greatly improves the operating efficiency and reduces cost of local and circumjacent cotton companies and textile companies and provides standard circulation channel to ensure the quality of cotton and drive the favorable operation and great development of cotton companies and textile companies and forcefully promotes the rapid development of local textile industry.  In order to give play to storage advantages and better serve the cotton-related enterprises, we will continuously enlarge storage capacity during the “Eleventh Five-Year Plan” an raise the annual transaction to 300,000 tons. Our company shall continue to strengthen the business cooperation with national cotton exchange market, improve the storage and exchange level and actively promote the construction of national cotton logistics system and the sustainable development of cotton market.