Changyi Huachen Group is a leading enterprise in the cotton textile industry in north China. Our business includes combing, carding, weaving, printing, dyeing, wax printing, the import and export of yarns and fabrics, and the mining and selection of crude salt. Now, Huachen has 7 subsidiaries, CNY 600 millions of assets and 3,180 employees, 685 of them are technicians. Now 3 members of our group are introduced as follow: Changyi Huachen Yuesheng Textile Co., Ltd. is a modern hi-standard cotton spinning enterprise founded by Changyi Huachen Group, with the total investment of CNY 370 millions. As an I/E licensed company in combing and spinning industry, Yuesheng has a designing scale of 300,000 spindles; at present, we have 200,000 spindles to produce 60s to 120s of top-grade combing cotton yarns. We have experience technicians, and our equipment and production technologies are importe

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