Introduction

Guanxing Group was founded as Guanxian cotton textile factory in 1977. We became a stock company in 1999. AT present, we are one of top-18 companies of Liaocheng city and leading textile company in top-10 10-billlion industries, with 1,100mu of lands, 1.3 billion of asset, 580 technicians, 500,000 pieces of spindles, 110 sets of knitting machines, 260 sets of sewing machines, Cotton Processing Factory and related service industry projects. Now, we mainly produce 10-120S of Cotton yarn series, knitting fabrics and Knitting Garment , the quality can reach 5-25% of usTER(2007). We got the certificate of ISO9001 quality system in 2006. Now, our products are well sold in China and over 20 countries and regions, and they enjoy good reputation.

With the supports and helps of our leaders and friends, driven by emancipating minds and scientific view on development, we aim to be a company with 100 years' history. Sticking to such developing pattern of "human-orient, honest business, exert and strive without stop, creative technology, accord development, seeking for excellent", following such tenet of "Bring the best profits to our customers", through keeping making innovations on technology and management, keeping improve technical level and values of our products and keeping improving our working conditions, we have experienced lasting, steady and hypernormal development.

For more than ten years, our group has been approved as "Honored enterprise", Star enterprise of city and good enterprise of province; moreover, we are awarded "Labor prize for good contribution to Shandong province" and "Trusted enterprise" of Shandong province. Our "Guanxing "Cotton yarn is the famous brand and products of Shandong province; it was approved as "National Products Exemption From Quality Surveillance Inspection" in 2007. Our combing series of Cotton yarn are approved as "Customer trusted products" by China textile industry association. We were approved as top-50 enterprise in China textile industry for successive year. In 2005, we ranked top-500 in the most competitive groups of China.

During the period of "Eleventh-five-year program", we will invest in such projects as 500,000 pieces of yarn spindles, 100 sets of import big-round knitting machines, 800 sets of air-jet looms, 6 printing & dyeing production lines and 100,000KWH power unit. After these projects are put into function, our group will become a textile, printing, dyeing, home textile, garment and thermoelectricity group, with annual sales income of CNY 5 billions and 500 million of profit payments and tax turnover.