Yantai Hua bang Carpet Co., Ltd. is a Sino-American joint venture. The company has been dedicated in the production, research, development and promotion of nylon carpet. It is among the earliest manufacturers of nylon carpet in China. The product is registered with "Hua Bang" brand. The annual production capacity is 1.2 million square meters. Because the product fully takes imported nylon yarn, Swiss CIBA material, and German BASF gluer as the main materials, it has very stable quality. During '2000 Inspection of Carpet Quality of the country, the product of the companypassed and ranked top of similar products. In Feb. 2002, Hua Bang carpet was awarded "National top ten brand" of carpet industry by China Construction & Decoration Association. In March 2002, the company was titled "3.15 Honest enterprise with no claim of quality or service from customers" by China Technology Supervision Association, etc.