CHONBANG CO., LTD. is a Korea-based company engaged in the manufacture of yarns and fabrics. The Company provides yarns including cotton yarns, tencel yarns, modal yarns, open-end yarns, cleaniber silver yarns and others; dyed yarns, including mercerized yarns, space dyed yarns and indigo dyed yarns; threads including embroidery threads and sewing threads; fabrics including denim, modal fabrics, tencel fabrics, span fabrics and cotton fabrics, as well as knits. It also provides raw materials, such as cotton. As of December 31, 2011, the Company had four affiliated companies.