Spectacle-maker Moulin International Holdings has forged an alliance with fashion retailer Goldlion Holdings to make and market glasses in China. The deal is the second for the company in the past 10 days, following a similar agreement with Giordano International. The three-year co-operation will allow Moulin to make glasses under Goldlion's brand. The two parties will take charge of the distribution at more than 30 provinces on the mainland. Moulin chairman Ma Bo-kee said: 'Goldlion is very popular in China, guaranteeing our sales.' Under the deal, Moulin will make 300,000 pairs of glasses, including sunglasses, priced between 300 (about HK$279.40) and 1,000 yuan, in the first year of production. Production will be doubled to 600,000 pairs the year after and doubled further to 1.2 million pairs in the third year. Moulin will distribute a third of the glasses through its six stores and hundreds of distribution agents around China. The remaining 200,000 pairs will be sold at Goldlion's 70 stores and about one thousand sales points. Moulin managing director Cary Ma Lit-kin said most of the glasses would sell for between 500 and 600 yuan, and the first year's sales should roughly reach 180 million yuan. He said the gross profit margin would vary from 20 to 30 per cent. Chairman Ma said: 'We plan to launch the spectacles early next year in China.' He dismissed fears of weak purchasing power across the border restricting sales. 'The spending power in Shanghai, say, is not worse than that in the territory,' he said. Chairman said the glasses might be brought into Hong Kong and other Asian countries in the future. Cary Ma said Moulin would sign co-operative deals with two other fashion retailers in the near future.