Qingdao Textiles Group is the succeeding subject of the textile civilization over a century in Qingdao and a platform for creation and development. It takes textile as main business, focusing on cotton spinning, integrating manufacture and trade, and combining production, study and research. It is a specialized textile company with a complete industrial chain. With annual turnover of more than five billion Yuan, it is among the top 500 textile and garment enterprises, and ranks high in the field of cotton and yarn-dyed spinning in China.