Mortex Limited

Research & Development



Mission Company introduction Factory statistics Company structure Company values Business priciples
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	Mission To be the most sought after vendor of inflatable balls and sports bags in the world.

	Company introduction

	Mortex Ltd. was founded in 1993 to meet the market demand for Chinese manufactured sporting goods. Mortex began as a Hong Kong based trading company. Starting in 1994, Mortex started its transition from a trading company to a manufacturing company. Mortex chose Shanghai as its base of Mainland China operations because of its educated work force, developed environment, and high labor standards.	Mortex’s new factory campus, 2006
	In 1994, Mortex set up its first factory in Shanghai, manufacturing baseball gloves. In 1995, Mortex built its second factory, producing inflatable sports balls. In 1997, the golf bag factory was set up and put into operation. Since its inception in 1993, Mortex has grown from a 3 man trading company to a 3 factory company with 1,300 employees and an annual output of 3 million balls and almost 400,000 golf bags. In 2007, Mortex will consolidate all its operations in one factory campus. The company’s goal is for this entire campus to be compliant to Western labor standards.

Mortex’s investment in this new facility marks another turning point for the company. These larger, more modern factories will usher in a new era of output, quality, and efficiency in production as well as consolidate the capital resources and management talent of the two operations.

	Factory statistics
	MXA (Mortex Golf and Sport Bag Factory)
	-2006 production in total pieces bags (golf and sport) = 300,000 -Average production/year in pieces = 360,000 -Number of employees = 400
	MXB (Mortex Inflatable Ball Factory)
	-2006 production in total pieces inflatable balls (soccer, volleyball, and other) = 3,000,000 -Average production/year in pieces = 2,800,000 -Number of employees = 900

	Company Structure



	Company Values
	Customer Focus: “We satisfy our customers’ needs.” Manufacture high quality, attractive products according to our customers’ specifications. Work with our customers to develop new products for their markets. Listen carefully and employ native English speakers for effective communication Are prompt, honest, and polite in all our dealings with customers. Innovation: “Our future is R&D.” Design new products that are more durable and aesthetic than the ones before them. Develop and use patented technology to gain a competitive advantage Stress creativity and “thinking outside the box” in our product development Accountability: “We are all accountable to the company.” Take personal responsibility for our customers’ projects Give concrete solutions to problems Strive to meet and improve deadlines Integrity: “We are honest and above-board in all our business.” Communicate using direct and honest language Solve problems in a lawful and transparent manner Value Creation: “Our business creates value for our partners and ourselves.” Set high goals Create value through efficiency Create value through the technology of utility

	Business Principles
	Responsibility in society Human rights We adhere to our own, high, ethical standards. We also comply with the Chinese government, Shanghai government, and our clients’ requirements regarding human rights. The environment At Mortex, one of our goals is to manufacture world-class goods without harming the natural environment in which we live. All staff are encouraged to be economical in their use of resources and recycle whenever possible. We also adhere to the strict environmental restrictions of our clients. Community minded We hope to improve the quality of life in our surrounding community by raising the level of employment, income, and worker satisfaction. Employees Professionalism, competence We demand professionalism in all facets of our work. To this end, we hire and train the best talent available for each position in the company. Communication and dedication As a manufacturing vendor based in China, language skills are an invaluable resource in our dealings with clients and one another. Our management team includes expatriates who are native speakers of both English and Mandarin Chinese and all our office workers read and write English. All work is dedicated to the customer’s finished product, from the office to the sample room to the finishing floor. Equal opportunity We hire and fire based purely on merit. We do not discriminate against or in favor of any gender, race, religion, age, physical disability, sexual orientation, or nationality. Health and safety Mortex does everything reasonable and practical to ensure the health and safety of its employees. Business integrity Compliance with applicable law We conduct all our business according to, or above, the standards set by the Chinese government and local authorities. Preventing corruption Giving and receiving bribes is strictly forbidden at Mortex. Business partners We do not enter or sustain business relationships with any company that is at odds with the ethical standards listed above and below. Business gifts and entertainment We do not offer gifts to customers beyond those limited to common courtesy and custom. We do not accept gifts of any kind from our suppliers in return for undue favor or advantage. Confidentiality While trying to be as transparent as possible in our business dealings, there are certain facets of a company that must be kept confidential. We expect all employees to respect the confidentiality of such information both during and after their tenure at Mortex. We also are entrusted with confidential information from our customers and third parties. We strictly prohibit the unauthorized distribution or dissemination of this information by our employees.