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In 2003, Hangzhou Chifei Technology Company Ltd. was founded in Africa with its main scope of business aiming at investment and industry operation and its business network crossing more than 30 countries and areas and its sales companies and manufacturing bases in more than 10 countries in the world. Up to 2015, company's annual sales volume exceeds 200 million and it is also a syndic unit of China-Africa Business Council(CABC)