Universal Incorporation (Taiwan, China)

The company was founded on October 14, 1962, manufacturing knitted gloves for export. In May 1970, it set up respectively Rokko plant producing PK leather gloves, and Baihe Plant producing machine-sown gloves.In July 1989, it installed 3.2-m spunbond non-woven machine and put it into production, ending glove manufacturing business. In 1991 it transferred to invest Hong Kong Nanquan Group institutions, and invested to set upXiamen Universal Industry Co., Ltd. On December 11, 1992 it completed public offering of stock. On February 1, 1994 it invested Universal International Investment Co., Ltd. in Hong Kong, holding 51% stake, and then transferred to invest Xiamen Universal Industry Co., Ltd. On March 18, 1999 it invested and set up the subsidiary Universal Investment (Holding). On March 29 1999, its shares went listed in OTC market for trading. In May 1999, it obtained ISO9001 certification. On July 26, 2001 it transferred to invest Huiqiao Assocaiton (Holdings).