Subcompany

   Jiangsu Adefu Latex Products Co., Ltd. was founded in December 1994 and is located in the hinterland of the Yangtze River Delta Economic Circle. After nearly thirty years of hard work and development, it has grown into one of the largest suppliers of latex foam products in the Asia Pacific region. The company completed the equity transfer in August 2019, with Hainan Natural Rubber Industry Group Co., Ltd. (A share code: 601118) holding 80% and Galaxy Mattress Co., Ltd. in Jiangdu District, Yangzhou City holding 20%, transforming into a state-owned mixed ownership enterprise. The main business is the production and sales of natural latex coiled materials, mattresses and pillows, as well as Original equipment manufacturer production and other businesses.