Hangzhou Shuerzi Spandex Co., Ltd.is a state-level high-tech enterprise specializing in the production, sales, and R&D of spandex special fibers under the Hangzhou Qingyun Holding Group. The company is located in Xiaoshan District of Hangzhou City, adjacent to China's largest textile intensive place - China Textile City, it enjoys excellent location and convenient transportation. The company has more than 320 employees. The factory covers an area of more than 150 acres, with a registered capital of 70 million yuan and total assets of 590 million yuan.

The company was officially put into production in 2003. At present, there are three production lines with a production capacity of 12,000 tons/year. The fourth-phase production line is capable of producing 8,000 tons of spandex special fiber.

The company has provincial high-tech research and development center and a high-quality R & D team, and has introduced American experts and other management and technical personnel, with strong research and development capabilities. Each year, the company invests more than 5% of its sales revenue in researching and developing of new products and new technologies. Through years of research and development, the company has got 6 patents and a number of independent intellectual property rights.