Australian ribbon was founded in 1993, is the first company in Dongyang with Australian foreign enterprises put into operation since 1995, the creation of "Australian" brand, with its excellent quality, product diversification, quickly open the domestic and foreign markets, and achieved good market share.

In 2000 the company to participate in the drafting of a number of Zhejiang province textile industry standard, carry out cooperation with lab multi Textile Science Institute, Switzerland, Italy, the introduction of advanced weaving equipment, has passed the ISO9001:2008 quality management system certification, EU OEKO-TEX100 certification of environmental protection.