Shandong Hengfen Textile Co., Ltd is a high-tech nongovernmental enterprise group in pluralism of stock-holding system, which is engaged in industries such as spinning, high and new technology, high and new-material, real estate, thermoelectricity etc. and integrates trade inside and outside group as a whole. The group is registered and established in Tsingtao with registered capital of RMB 112 million Yuan. The annual production value reaches RMB1000 million Yuan and the profit payments and tax turnover amounts to RMB120 million Yuan. It has 7000 employees and occupies 1.1 million square meters. During the course of carving-out and development, the group always insists on the development stratagem of textile industry specialized deeply, with deep technology, broad market, effective risk control, scientific management, and building for Multi-modal step by step . It keeps on trying to be larger, stronger and finer in textile industry and also took part in the operating activities of correlative industries such as real estate, high and new-material and thermoelectricity, etc, at the same time. Being faced with 21-century international great market, it strives to regard the high-tech as drive, the product innovation as means, and constructs energetically the system advantage, mechanism advantage, competition advantage and development advantage. The Group emphasizes the quality for survival, the credit for development, and insists on the operation idea of none but the users' success and development can give Shandong Hengfen Textile Co., Ltd success and developmentand not only to satisfy users' demand, but also to exceed rivals. In the past years, Shandong Hengfen Textile Co., Ltd products were sold well at home and abroad, and enterprise benefits increased year by year. The group takes the found modern enterprise group competed in the seven seasas the objective of the struggle, keeps on tempering the Enterprising Spirit of unite for enterprising, study for innovation, and develops the work style of fast rhythm, high efficiencyin order to ensure the fast, healthy, persistent development of the enterprise. Under the direction of religion of base itself upon Tsingtao, face our country, go to the world; good faith for ever, benefit the society, it is taking big strides for brilliant tomorrow.