NANJING TEXTILES GROUP

Nanjing Textiles Import & Export Corp., Ltd (abbreviated as the Company in the following) was founded in 1978, under the leadership of Council of Foreign Trade and Economy Cooperation of Nanjing. In the year of 1988, the Company was authorized to do foreign trade business independently. In the year of 1994, the Company was reformed into a stock company. Approved by the [2001] No.7 Document issued by China Stock Supervising and Administrating Council, the Companys stock is listed in Shanghai Stock Exchange in March 6th, 2001.


The total shares of the Company now is 258692460, in which: State-owned Shares holds 121611325 stock, occupies 47.01% ; Public Shares holds 111030804stock, occupies 42.92%; Public Juridical Person Shares holds 26050331 stock, occupies 10.07%.
The Company involves in the fields of textiles and garments, electric and machinery, light industry, chemical industry etc, covering over 1000 merchandise. At the same time, the Company also has overseas labor services and economic & technical cooperation activities. The business scope of the Company covers 120 plus countries and/or regions all over the world and has established steady cooperative relationship with more than 800 foreign business partners and 1000 domestic suppliers.
Stationed in a modern 21-storey building, the Company has 29departments, 5 overseas branches. At present, the Company has total 379 employees, among which: 68% are below 35 years old, 80% are college graduate, 65% are majored in foreign trade and 30% have professional titles.
The fund collected from the stock market are invested mainly in textiles and garment industry.