The company adheres to the core value of “Building Trust Through Quality and Moving Forward with Determination”, follows the corporate mission of “Committed to Green Development and Creating a Quality Life”, and establishes the corporate vision of “Benchmark of Excellence, Happy Home”. It has built two pillar industries: “Fashion Intelligent Manufacturing” and “Premium Cultural Tourism”. The Fashion Intelligent Manufacturing sector is the foundation of Minfeng.
The main product is synthetic leather, mainly including garment leather, shoe leather, luggage leather, sofa leather and other types of synthetic leather. The company owns three production bases in Lugu, Shiniu and Tongji, including three synthetic leather factories and one resin factory, covering a total area of 266 acres. It has 24 advanced production lines, a full set of post-processing equipment and automated resin production equipment, with an annual production capacity of 60 million meters of PU synthetic leather and 100,000 tons of PU resin.
The company steadily promotes mergers and acquisitions and continuously enhances the advantages of the industrial chain. In 2007, it acquired Lishui Nanping Leather Base Fabric Co., Ltd.; in 2010, it wholly transferred the assets of Lishui Kaida Garment Accessories; in 2013, it merged and reorganized Zhejiang Fangyuan Artificial Leather Factory; in 2016, it acquired the Tongji Street plant of Zhejiang Tekang Leather Industry. The industrial scale continues to expand and competitiveness continues to increase.