near to Jing-Jiu Railway, north near to Ji-Han Railway and Ji-Liao Highway and only 30 kilometers'distance to the center of Liaocheng, our company has enjoyed a very convenient transportation as well as easy communication. We have already been granted the import and export license by the National Foreign Trade Department and listed as a medium-sized state-owned enterprise in 2000.

Our company owns a staff of 3200, a covered area of 130,000 square meters, a total asset of over RMB 80 million Yuan, 30,000 spindles, 814 sets of looms and two production lines of 180 model and 200 model circular screen printing machines. Our main products, which are suitable for producing 36-inch-100-inch yarn-dyed fabric and 36-inch-80-inch printed fabric, are greatly welcomed in more than 20 provinces and cities at home. We now have an annual output of 18 million meter yarn-dyed fabrics, 27 million meter printed fabrics and the 80% of them are exported to foreign markets. In 2001, we gained a sale income of RMB 125 million Yuan and a taxation of RMB 14 million. In order to expand the markets both at home and abroad, we invested a fixed asset of RMB80 million Yuan and increased 30,000 spindles for ring spinning and open-end spinning machines, and 1000 sets of rapier looms. Under this condition, we specialized in producing pure cotton yarn-dyed garments and jeans series. Most of our products are exported abroad and we hope to enlarge our sales by paying attention to the markets both at home and abroad. The first period project will be put on its way at the end of this year with an investment of RMB 30 million Yuan, 10000 spindles and 150 sets of rapier looms.

Mr. Xu Jisheng, director of the Board of our company and General Manager, Mr. Wang Enzhu extend warm welcome to the visit and cooperation from all the parties both at home and abroad.