Detailed Company Description:

<b>Sungju Lefa Co., Ltd.</b> specializes in the manufacture of folding furniture with outstanding product design and technology under its own brand, Petrous. We hold the intellectual property rights for our folding furniture, which has been developed with an emphasis on user convenience. Plans are underway for the mass-production a range of one-touch folding furniture. The company recently concluded a contract in China.<p> <b>Established in 1992</b>, Sungju Lefa Co., Ltd. is a privately owned company with registered capital of US$860,000. A further US$2 million has been invested in business operations and annual revenue is US$3,5 million, 70 percent of which is accounted for by exports to worldwide. The company employs a total of 52 workers, including 5 production engineers and 5 quality assurance staff.