Jide Group 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. It founded 1 share stock company, i.e. Tsingtao Zhongjin Real Estate Co., Ltd, and10 subsidiary companies£?in which there are 4 wholly-owned subcompanies thereinto, i.e. Shandong Jide Ecology Technology Co., Ltd, Huiming Jide Weaving Industry Co., Ltd, Tsingtao Jide International Commerce Co., Ltd, Wudi Jide Oil