Shandong Demian Group Co., Ltd was established in 1997. It is a large-scale and state-owned enterprise group dealing with spinning, weaving, printing and dyeing, knitting, garments as well as I/E operation. Demian Group governs 15 all-capital or holding subsidiaries, including Demian Incorporated Co.,Ltd,Dezhou Hengfeng Textile Co.,Ltd, Dezhou Printing and Dyeing Co.,Ltd,Dezhou Yadelian Knitting Co.,Ltd,Import and Export Co.,Ltd, Dezhou Industrial Co.,Ltd, Dezhou Textile Co.,Ltd, Henghua Textile Co.,Ltd , Qixia Textile Co.,Ltd,Hongkong Aceton International Co.,Ltd, Qingdao Hengyuanxing Industrial Co.,Ltd.Demian Group owns 350000 spindles,6,784 open-end spinning units,43 sets of comber, 3036 sets all kinds of loom,(1129 sets of them are shuttleless loom of international advanced level),6 printing and dyeing production lines, 889 sets of knitting machines, general assets RMB 2.1 billion and 16000 employees.