Anhui Huamao Group Co.,Ltd. is one of the key 520 firms of China. It is located at Anqing City, Anhui Province, lies to the north of the Yangtze River and to the south of the scenic Dalong Mountain. The company takes the advantages of convenient transportation and the high-quality cotton acquisition from the local area.

The former name of the company is Anhui Anqing Textile Factory which was founded in 1958. In 1999, the mill was renamed and reformed into a investment company engaged in property investment and management. At present, the company has 522 technicians who have senior, junior or primary professional titles. By the end of 2001, the company has a total asset of RMB 1,449 million yuan, including a net asset of RMB 846 million yuan. The business scopes of its subsidiary companies covers textile, securities, real estate, pawn, auction, hotel, tourism, transportation and so on. The company has two subsidiary companies of sole investment, five hold subsidiary companies, and some offices in Shanghai, Guangzhou and Shenzhen. Anhui Huamao Textile Co.,Ltd. is a listed company hold by it.

　　By means of continuously reforming, enhancing management, improving quality, cutting cost and raising profit, the company has overcome many a market storm and has kept profiting for 27 years. In 1995, it was praised as the No.265 in the Top 500 Chinese Enterprises listed by overall evaluation, and was the first one among the involved textile firms. In 2000, its profit-tax payment and profit amount topped the national cotton textile firms of the similar scales. In 2001, its sales income reached 734 million yuan, export value reached USD 12.8 million, profit-tax payment reached 168 million yuan ( 22,400 yuan per capita ), which made it one of the "Top 50 Outstanding Enterprises" of the national cotton textile industry.

At the millennium turnover, considering the situation, Huamao Group launched a new strategy: to improve the textile business, to invest in the finance industry and to set foot in the hi-tech industry. Step by step, the above mentioned business will be the three backbones of the company. Taking the advantages of the amply funds, the famous brand and the good situation, the company is working hard to turn to the promising industries and reshuffling its industrial structure in compliance with the new strategy. Huamao Group will be an integrated investment corporation with both the mature business support and the long term development perspective.