Lingqin g No.2 Yarn-dyed Fabric Mill is a private-owned enterprise focus on spinning, dyeing, weaving and arrangement founded in 1988. Crowned as " 500 largest private companies in China", " 100 stron gest private enterprises in Shandong Province" etc.

Up to now there are 60000 spindles, 2350 sets of weaving machines. Its occupying area is 250000 m2 and building area is 150000 m2. Commanding a total asset of 380 million yuan, it has achieved AAA credit rating. Employing 7000 staffs, its annual output is 65 million meters of fabrics and sales volume is 500 million yuan.