San Fang Chemical Industry Co Ltd is principally engaged in the manufacture of synthetic leather and semi-finished materials. The Company provides polyurethane (PU) synthetic leather, which are applied in the manufacture of shoes, bags, apparels, furniture, balls, gloves, covering materials of computer, communication and consumer electronic (3C) products, as well as medical materials, among others. During the year ended December 31, 2011, the Company obtained approximately 57% and 43% of its total revenue from semi-finished materials and PU leather, respectively. The Company distributes its products primarily in Taiwan and other Asian markets.