Under The Leadership Of Huafang Textile Limited, The Textile Sector Rose.

July 20, 2012 morning data show that the textile sector rose, Huafang textile [6.60 10%] Limit up Tianshan textile [9.64 0.63%] rose more than 8%, the [10.57 -0.38%] rose more than 5%, and the leading shares [6.01 10.07% rose more than 3%.

In the context of the overall downward trend of the macro-economy, the textile industry has also been greatly affected. According to the data released by the Ministry of industry and information technology in July 6, 2012, 1-5 months ago, the textile industry of all over the scale reached 21449 billion yuan of industrial output value, an increase of 11.8% over the same period last year, and the growth rate dropped by 18.3 percentage points over the same period last year.

According to reports, Xia Lingmin, vice president of China Textile Industry Federation, said that compared to the 2008 financial crisis, China's textile industry is even more miserable. Data in the first 5 months showed that China's textile industry showed a downward trend in the first half of this year. The decline in production growth, the decrease in export volume and the decline in enterprise efficiency have made the textile industry face an unprecedented grim situation.

hfang Spin The Limited by Share Ltd (hereinafter referred to as the "company") is approved by the Jiangsu Provincial People's government, [1998]6, and is jointly sponsored by Huafang Group Co., Ltd. (Hua Yuan Fang Industrial General Corporation, hereinafter referred to as Huafang group), Zhangjiagang Tong Qiao welfare woolen mill, Zhangjiagang Qinglong copper material factory, Zhangjiagang City Tong Qiao flower factory and Zhangjiagang Everbright computer printing factory. The Limited by Share Ltd was founded in the form of launching. The Huafang textile Limited by Share Ltd was established in April 3, 1998 with the original registered capital of 125 million yuan. Approved by the China Securities Regulatory Commission in April 28, 2003 (2003) 41, the company publicly issued 90 million shares of RMB common stock in June 12, 2003 and traded on the Shanghai stock exchange in June 27, 2003. Approved by the Securities Regulatory Commission of China Securities Regulatory Commission No. [2007]114, the Xiang Huafang group issued 100 million shares of common stock in July 2007, with a registered capital of 315 million yuan. Huafang textile Limited by Share Ltd holds the No. 320000000011319 business license of enterprise legal person issued by the Suzhou Administration for Industry and Commerce of Jiangsu province. The registered capital and paid up capital of Huafang textile Limited by Share Ltd are 315000000 yuan. The registered address of Huafang textile Limited by Share Ltd is Zhangjiagang, Jiangsu. The legal representative of Huafang textile Limited by Share Ltd is Dai Yun da.

The main business includes: Needle textiles, clothing manufacturing, textile raw materials sales, industrial investment. Self employment and agency of all kinds of commodities and technology. Import and export Business, construction of sewage treatment works (according to qualification certificate) and management.