Texnology Nano Textile (China) Ltd. ("Texnology Nano"), a subsidiary of U-Right International Holdings Limited ("the Group"), has been granted an exclusive right to use and license Swedish Texcote-processing Technology for the processing of the textile products in the PRC, Hong Kong and Macau. Texnology Nano engages in marketing, processing and selling Swedish Texcote-treated garments and textile products as well as licensing the Swedish Texcote-processing Technology to other brands, textile and garment manufacturers in the defined territory.

U-Right International Holdings Limited

The Group was listed on the Main Board of The Stock Exchange Of Hong Kong Limited on 13 November 2000. The Group is principally engaged in the design, manufacture, distribution and retailing of men and ladies casual wear. The products are distributed in Hong Kong and the PRC under the brand name of "U-Right" through franchise shops and self-managed shops.

In addition to the traditional garments and apparels business, the Group is also focusing on the unlimited business potential of the Swedish Texcote-processing Technology. Garments after Texcote treatment possess the functionalities of being stain resistant, water repellent as well as environmental-friendly. Not only can the technology be applied on the Group's products, it can also be promoted on finished clothing of other brand names. In addition, the Group has successfully explored the application of the processing technology to other commercial goods that include paper, glass, tiles, paint, emulsion paint, wood products, etc. The Group is now seeking out strategic business partners and licensees of Swedish Texcote-processing Technology together to open up further business opportunities.