Fuxing China Group

General Information

Fuxing China Group, based in Jinjiang, is a holding company incorporated in Bermuda. 

Through our operating subsidiaries in mainland China and Hong Kong, we are principally engaged in the production and sale of zipper sliders and zipper chains, trading of textile raw and auxiliary materials used in zipper production, and provision of zipper processing services in mainland China and Hong Kong. Since our establishment in 1993, Fuxing Group has built up a credible track record and market reputation with a diversified customer base of over 1,600 customers in China, including many renowned brands such as Anta, Septwolves, LiNing, 361°, Samsonite and Northpole China. We aim to become one of the leading zipper product manufacturers and to achieve recognition as a market leader for our brand name, quality of products and research and development (“R&D”) capabilities.

Our zipper products consist mainly of zipper sliders and zipper chains and are widely used in apparel (including sportswear), shoes, camping equipment, bags, such as handbags, briefcases, luggage and laptop bags, and upholstery furnishings, such as bedding and sofa covers. Our products are sold mainly to China local manufacturers of apparel and footwear products, camping equipment, bags, manufacturers of upholstery furnishings, as well as other zipper manufacturers which further process or assemble our zipper products in order to customize these according to their customers’ needs. Some of the zipper products which we sell are manufactured under our “3F” brand name. In addition, we sell to trading companies which export our zipper products to overseas markets, including Australia, European countries, such as Russia, Turkey, Spain, Italy, Poland, Belgium, Greece, Slovenia and Lithuania, and Asian countries, such as South Korea, Thailand, Vietnam and Indonesia.

Our operating subsidiary, Fook Hing Trading in Hong Kong, is primarily engaged in the trading of textile raw and auxiliary materials, including rubber thread, nylon fabric and nylon yarn.

Our operating subsidiaries, Fulong Zipper, Fuxin Electroplating and Jianxin Weaving, provide zipper processing services, including color dyeing of fabric tapes for zippers, electroplating services for zipper sliders and manufacturing and sales of dyed yarn.

Our manufacturing facilities are located in Jinjiang City, Fujian Province. Our manufacturing operations are highly integrated, and we have an extensive range of machinery and equipment at our manufacturing premises. Building on our technical knowledge and our manufacturing expertise, we are able to integrate our operations and business to cater to our customers’ needs. We have the ability to manufacture the entire zipper product from mold-making for the production of our zipper sliders to the manufacturing of fabric tape for zipper chains. Our range of manufacturing machinery also enables us to produce our zipper chains and zipper sliders using a wide range of materials, colors, and sizes in accordance with our customers’ requirements. Most of our raw materials are mainly procured from our suppliers located in Fujian Province.

*Note: Net income and revenue are in U.S. dollars for the fiscal year that ended March 31, 2023.

(Note: Fuxing China Group, the holding company of a Chinese zipper manufacturer, filed its F-1 on April 2, 2024, with these terms for what the document calls an IPO: 2.0 million shares at a price range of $4.00 to $4.50 to raise $8.5 million. Worth noting: The stock already trades on the Singapore Exchange, according to the prospectus; that would make this deal an uplisting to the NASDAQ.) 

Employees: 1096
Founded: 1993
Contact Information
Address Hangbian Industry Area Longhu Town, Jinjiang City Fujian Province 362241 The People’s Republic of China +86-595-85287788
Phone Number +86-595-85287788
Web Address http://www.3fzipper.com/
View Prospectus: Fuxing China Group
Financial Information
Market Cap $81.62mil
Revenues $120.79 mil (last 12 months)
Net Income $1.59 mil (last 12 months)
IPO Profile
Symbol FFFZ
Exchange NASDAQ
Shares (millions): 2.0
Price range $4.00 - $4.50
Est. $ Volume $8.5 mil
Manager / Joint Managers Boustead Securities
Expected To Trade:
Status: TBA
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
Rating Change