Waitex was established in 1981 in New York by Mr. Howard H. Li, sole-owner, Chairman and CEO. From the start, Howard Li's goal was "to create an organization where trust, respect and commitment to the client flowed from top to bottom." The fundamental success of the Waitex Group of Companies lies in this shared vision as well as the dedication and efforts by management and its employees to its clients. Waitex Group of Companies is now a worldwide conglomerate of companies consisting of Waitex Supply Chain Solutions, Waitex Apparel Group and Waitex Global Investments, operating with over 1000 employees in the US and several thousand employees worldwide. Having maintained an annual growth rate of 10 to 30 percent for over two decades, Waitex’s annual revenue in United States has reached US$ 110 million and the total assets in the US are worth several hundred million. The Waitex Group of Companies has been ranked one of the top 200 largest privately held companies in the greater New York area by Crain’s Business Magazine from the years 2001 through 2008. Mr. Howard H. Li was selected by Forbes Asia in September of 2008 as one of 25 Notable Chinese Americans in US business.