DARE Group is one of the top 520 state-level key and high-tech enterprises with national stations for post***toral study and provincial-level technology center. With its headquarter located in Shanghai, its major industrial basis is located in Danyang of Jiangsu province, and its international R&D and sales centers have been established in U.S. Boasting under its flag over 50 affiliated enterprises and over 1000 branches, the group holds Dare Technology Co., Ltd. which was listed in 1999 in Shenzhen Stock Exchange (code: 000910).
In 1978, the Chairman and President of the co***ny, Mr. Chen Xing Kang, started the business based on the initial investment of RMB 7000. In the past 26 years since then, he has lead the co***ny to pass smoothly its initial stage and development stage based on his outstanding strategic insights and perseverance. Three business groups, i.e. Dare packaging, Dare wood processing and Dare information technology, have come into being, and the co***ny with over 10 subsidiary co***nies has grown into a leading and renowned player in China with over one billion RMB of total assets.
It was at the end of 2001 that Dare Group first entered the wood processing industry and the co***ny has three business units of building board, floor board and furniture. Thanks to the successful market operation in 2002, Dare wood and furniture business division was officially founded in 2003.
Dare Furniture positions itself to be a leading supplier in both domestic and overseas furniture market with certain manufacturing capability. At present, it has recruited under its flag top business and technological elites from every corner of the world. The top team, under the calling and inspiration of Dare culture, will reinforce greatly the inputs in marketing, R&D, operation, and HR with overwhelming importance attached to both business and technology, and plan to expand the overall scale of the group to USD 500 million within five years.
In 2003, the Furniture Division under Dare Group successfully purchased two
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