- CEO
- Qing Liang Hong
- Full Time Employees
- 1,152
- Sector
- Consumer Cyclical
- Industry
- Apparel - Manufacturers
- Address
- Hangbian Industry Area Jinjiang People's Republic of China 362241
- IPO Date
- May 29, 2025
- Business
- Fuxing China Group Limited (FFFZ) is an investment holding company principally engaged in the production and sale of zipper products, including zipper sliders, zipper chains, and finished zippers such as nylon, plastic, invisible, and metal variants; zipper processing services comprising dyeing of fabric tapes, electroplating of sliders, and manufacturing of dyed yarn; and trading of textile raw and auxiliary materials, including rubber thread, nylon fabric, and nylon yarn. The company operates under its "3F" brand, which is recognized in over 30 countries, and serves a diversified customer base exceeding 1,600 clients, including prominent brands like Anta, Septwolves, LiNing, 361°, Samsonite, and Northpole China, primarily in apparel, footwear, camping equipment, bags, and upholstery furnishings. Its products are sold to local Chinese manufacturers, other zipper assemblers, and trading companies exporting to markets in Australia, Europe (such as Russia, Turkey, Spain, Italy, Poland, Belgium, Greece, Slovenia, and Lithuania), and Asia (including South Korea, Thailand, Vietnam, and Indonesia).
Founded in 1992 and headquartered in Jinjiang City, Fujian Province, China, with additional facilities in Xiamen and operations through subsidiaries in mainland China and Hong Kong, the company maintains an integrated manufacturing chain supported by over 1,000 sets of equipment for R&D, mold-making, and production across nylon, metal, and plastic materials. Key subsidiaries include Jinjiang Fookhing Zipper Co., Ltd., Jinjiang Fuxing Garment Co., Ltd., Jinjiang Fuxin Electroplating Co., Ltd., and Jinjiang Fulong Dyeing Co., Ltd., enabling end-to-end capabilities from raw material processing to finished products.
In recent developments, Fuxing China Group withdrew its planned Nasdaq IPO in November 2025 after filing amendments in 2024 to raise up to $8 million through 1.5 million American Depositary Shares priced at $4.00 to $6.00, originally targeted for listing under ticker FFFZ. On the Singapore Exchange (where it has traded as AWK.SI since 2007), the company announced in November 2025 a private placement of up to 3,000,000 new ordinary shares at S$0.415 each, aiming to raise S$1.25 million through SAC Capital Private Limited for investments in technological R&D and upgrades to intelligent manufacturing equipment and assembly lines. These initiatives reflect ongoing efforts to enhance production capabilities, R&D (bolstered by a team of 20, including a leader with 69 zipper-related patents), and market positioning amid annual revenues exceeding $100 million.