Shanghai Wangshi Industry (Group) Co., Ltd

FENGXIAN DISTRICT


	Delta sheepskin Shanghai Co., Ltd. Delta sheepskin Shanghai Co., Ltd.is a comprehensive foreign trade company with sheepskin brushes as its main products. It has a mature sales net in the international market. Supported by the research and development of new products, the company has provided advanced technology, quality products for its foreign and domestic customers. The company has signed the leasing contract with The Wangshi Industry Group in 2004 and has now entered the factory building by the latter in the export processing district in Minhang, Shanghai .



	Xiangzhi Automobile Parts(Shanghai) Mfg.Co.,Ltd. Xangzhi Automobile Parts(Shanghai) Mfg.Co.,Ltd. is located in No 2 standard factory building of Wangshi Industry Group in Minhang export processing zone, at No.3111, East Huancheng Road, Fengxian district. The company, jointly invested by Daito Press Mtg. Co., Ltd and Nakamura Co., Ltd. mirror system, with a total investment of 257.14 million Yen, is engaged in the manufacturing and providing service for auto parts such as motor and car rear view mirrors. It has an annual production capability of 600,000 rear view mirrors and 360,000 mirror bars, which are all exported to Japan. To ensure the continuity of production and live up to the market future requirement, the company has signed the leasing contract with The Wangs’ Group and entered the later’s building in the export processing zone of Minhang in 2008.



	Natuzzi (China) Co., Ltd Founded in 1959 in Taranto, Natuzzi Group can boast for its long history. The Group is headed by Pasquale Natuzzi, its founder, CEO, and designer. 48 years ago, Mr. Natuzzi opened a little workshop producing armchair and sofa, serving for the local market. But today the little workshop grows into Natuzzi Group, the world’s leading producer of leather sofas and Italy’s largest furniture manufacturer. In 1993, Natuzzi Group was listed in New York Stock Exchange and its products are popular with 123 countries in five continents. The heart and mind of the Group, is in Santeramo in Colle, Southern Italy, with sales offices in Shanghai (serving Asia), and High Point, North Carolina (serving the Americas). In December 2006, Natuzzi establishes Natuzzi (China) Co.,Ltd in Shanghai Minhang Export Processing Zone.



	Kenseisha (Shanghai) Precision Machinery Co., Ltd. Kenseisha was established in 1953 in Tokyo. This firm has proceeded as an IT and electronic device manufacturer, integrating processes from globally renowned aluminum die casting to machining. This device technology has recently been recognized by automotive parts manufacturers as well, and Kenseisha will continue to hone their technologies as Kenseisha endeavors to take on new fields of applications. Kenseisha’s business ranges from the production of computer mechanism parts, to the design, production, and sales of dies for aluminum die cast. In May 2005, Kenseisha Mitsui Electronics & Information (Shanghai) Co., Ltd. was established and registered in Minhang Export Processing Zone in Shanghai.



	HELKAMA BICA (SHANGHAI) Co., Ltd Helkama is a Finnish company, specializing in the manufacturing and development of shipboard cables. Their experience in manufacturing them goes back almost twenty years. The high technical quality has been achieved by continuous development work supported by their clients. As a specialized, independent and optimum-sized company, focusing on service, Helkama has been able to grow steadily by quickly responding to our customers’ needs. In Autumn 2005, Helkama established HELKAMA BICA (SHANGHAI) Co., Ltd in Minhang Export Processing Zone in Shanghai, China.

Preferential Policies

Index	Preferential policies
Tariff-Free Imports	Machines, equipment, molds and maintenance accessory parts required for production; machines, equipment, and construction materials required for the construction of infrastructures; and office supplies for private use are all exempt from customs tariffs and import linkage tariffs.
Tax Refunds on Products Entering the Zone	Enterprises within China operating outside the zone that ship in commodities can benefit from national preferential policies regarding refunds of value-added tax on exports. Any domestic machines, equipment, raw materials, spare parts, components, wrapping materials, and reasonable amounts of construction materials, etc., will be treated as exports and receive tax refunds.
Bonded Imported Materials	Imported raw materials, spare parts, components, wrapping materials, and consumables required for processing export products are all considered to be fully bonded goods.
Tax-Exempt Exports	Products re-exported after processing are exempt from taxes. Products, raw materials, mechanical equipment and other goods transferred between export processing zones are exempt from taxes.
The trade of import products within the EPZ is tax free	The goods like products, raw materials and machine can be transferred and exchanged freely from one EPZ to another EPZ.
Foreign Exchange Policies	When goods produced in the zone are to be sold to international destinations, there is no need to undergo the receipt of remittance and sale verification procedures for exports, and when making payments to international destinations, there is no need to undergo remittance payment and sale verification procedures for imports.
Quotas and Licensing	Commodities can move freely between the Export Processing Zone and other countries. Not otherwise provided by the state, no quotas or licenses are required.