Company Profile

New Universe International Group Limited ( NU INT'L) became listed on the Hong Kong GEM Board (stock code: 8068 ) in 2000.

NU INT'L was founded in 1996 under the brand name “Smartech” as a plastic injection precision mold manufacturing and R&D base in Hong Kong. Accumulated over years of experience on making precision molds and manufacturing faultless plastic products, NU INT'L reckoned the importance of environmental management in the manufacturing process. In 2006, NU INT'L started to diversify its business and planned to invest on environmental and resources recycling business.

In October 2007, the Group completed the acquisition of 82% controlling interests in Zhenjiang New Universe Solid Waste Disposal Co. Ltd. , Yancheng New Universe Solid Waste Disposal Co. Ltd. and Taizhou New Universe Solid Waste Disposal Co. Ltd . These 3 wholly foreign-owned enterprises have been established since 2003 in the Jiangsu Province with aggregate registered capital currently amounted to US$8.25 million, which are principally engaged in environmental treatment of industrial and hazardous medical solid wastes. These 3 environmental companies owned their land with an aggregate area of 65,000 square metres (or about 98 mu). Each of them owns factory buildings and incineration facilities with aggregate basic disposition capacity of 11,550 tons hazardous solid waste per annum. Zhenjiang New Universe Solid Waste Disposal Co. Ltd. also operates a landfill with annual disposal capacity of 35,000 tons for handling general industrial solid waste, and has its confirmed capacity to handle industrial sewage.

In the second quarter of 2008, the quality management system each of Zhenjiang New Universe Solid Waste Disposal Co. Ltd. , Yancheng New Universe Solid Waste Disposal Co. Ltd. and Taizhou New Universe Solid Waste Disposal Co. Ltd. , has been certified to have acquired the standard of GB/T19001-2000 (idt ISO9001: 2000), and the environmental management system of Zhenjiang New Universe Solid Waste Disposal Co. Ltd. , has also been certified to have acquired the standard of GB/T24001:2004 (idt ISO14001:2004).

In 2007, NU INT'L commenced negotiation for other potential projects engaging in environmental resources treatment and recycling. In August 2008, NU INT'L acquired 38% investment interests in an eco-electroplating specialized zone under development at Zhenjiang in China. Zhenjiang Sinotech Eco-electroplating Development Limited was established in September 2007 with registered capital of US$31 million, which owned a specialized industrial zone with site area of 182,520.6 square metres (or about 273.8 mu). The site is under development, where an electroplating sewage and sludge treatment system has already been built. A multifunction building and 11 detached factory buildings have been completed. Currently, the industrial zone has accommodated variousqualified professional plating manufacturers entering the specialized zone to carry out plating production in compliance with the national environmental regulations.  In earlier 2011, NU INT'L has increased the equity interest in the project to 98%.

NU INT'L has since 2004 established its major production base and point of sale for precision mold making and plastics production at the Yangtze River Delta situated at Suzhou, China. The registered capital of Suzhou New Universe Smartech Tooling & Plastics Limited was US$4.6 million. It owns land of 33,333 square metres (or about 50 mu) and factory buildings with gross floor area of 11,964 square metres. These mold making facilities of the Group in Suzhou comprise the latest mold making equipment and technology mainly for the production of plastics injection molds and plastic products for automobile parts, office equipment, medical equipment and domestic appliance. The quality management system of Suzhou New Universe Smartech Tooling & Plastics Limited has been certified in 2006 to have acquired the standard of ISO9001:2000, which carries out in-process quality control on the manufacturing of molds and plastic products to ensure competitive pricing and satisfactory lead times. The factory’s quality systems have to pass periodical internal audits. From conceptual prototype to final product shipment, the Group's facilities provide complete value chain to meet customers' need.

To strengthen the network of plastics related business in China, in October 2007, the Group acquired 28.67%, 24.5% and 18.62% equity interests respectively in Qingdao Zhongxin Huamei Plastics Co. Ltd ., Danyang New Huamei Plastics Co. Ltd. , and Suzhou New Huamei Plastics Co. Ltd. These 3 Sino-foreign equity joint venture enterprises are engaged in plastic materials dyeing for major plastics manufacturing customers in China.

The Group of NU INTL undertakes to ensure lean and effective management, to exceed expectations of shareholders, to optimize integrated strength of business units, and to assure mission on environmental.