Haian-the Town of Cocoon Silk in China, is located at plain-area of middle Jiangsu, neighbors Yellow Sea in the east, Yangtze River to the south, Nanjing City to the west and Yancheng City to the north, is teemed with silk.
     On this abundant ground, one of Jiangsu� largest silk fabric, silk yarn and cotton fabric manufacturers was born--Jiangsu Hengyang Silk Group Co. and now is on its way approaching its career� zenith.
     �engyuan�was set up in June of 1970. During this not-long period, it already transformed itself from a silk-yarn work place with 28 workers and USD780 assets into a group company with more than USD24 million assets and USD49 million yearly sales revenue, and also is gradually becoming a backbone self-import and export company with many kinds of production lines, including silk fabric, silk yarn, cotton cloth, yarn-dyed cotton fabric, denim fabric and silk fabric dyeing.
     Now "Hengyuan" has nearly 3000 employees, 15 subsidiary manufacturing and trading companies. "hengyuan" boasts 500 sets of silk woven fabric production looms (among which 200 are shuttleless looms) , 200 sets of new-generation airjet cotton weaving looms imported from Japan, an annual production capacity of 100 tons of silk carpet yarn and one production flow line for all kinds of silk rod threads. "hengyuan" has one subsidiary company which can produce 22 million meters of cotton fabric and one imp. / exp. Company which can export more than USD45 million goods on the yearly basis, also Hengyuan established Europe Representation Office, Shenzhen and Hong Kong offices.
     Since the development of cross-sectoral in the year 2006, its annual output of the high performance permanent magnet oxygen has been 5000 tons. The establishment of the electrical machine magnetic shoe project has contributed to the foundation of the cross-sectoral development.