Weiqiao Textile Co., Ltd. Attends Jinan Textile Expo
Weiqiao Textile Co., Ltd. ("Weiqiao Textile" or "the Company"; together with its subsidiaries, "the Group") is mainly engaged in the production, sales and distribution of cotton yarn, grey cloth and denim, which is the largest cotton textile in China production Commerce. Weiqiao Textile is a cotton textile enterprise with the largest textile capacity in the world, one of the top 500 Chinese enterprises and 26 super large enterprises in Shandong Province. In the past ten years, we have grasped the opportunity of China's rapid economic growth, established a huge production scale, combined with advanced technology and equipment, and laid a solid foundation in the global cotton textile market.
As of December 31, 2010, the Group had 9000 customers in more than 30 provinces and cities in China, and more than 900 overseas customers in more than 20 countries and regions. They increased by 5.9% and 8.4% respectively compared with the end of 2009. The group's customers include market leaders in the textile industry, such as Itochu, Foton Industrial Group and Deyongjia Group. As for the domestic market, the Group has up to 9000 domestic customers, many of whom are companies located in South China and East China, and there are many large spin And clothing companies.
With the growing demand for cotton textiles and the migration of the world's production base to China, China's ready to wear market will be further developed. Relying on its economic scale, low labor costs, strong R&D capability and geographical advantages, the Group will continue to expand its domestic and overseas markets, and is determined to build the Group into the world's largest cotton textile enterprise.
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