Singwax Rubber Industry Limited., formerly known as Huaxu rubber seal products factory, was established in Pingshan, Shenzhen in 2004. After 16 years of development, there are now two companies, xinhuaxu (Shenzhen) Company and xinhuaxu (Shangrao) company, with a total investment of more than 80 million yuan, with a production site area of 16500 square meters, more than 230 employees and an annual production capacity of more than 80 million yuan.