CHINA TEXTILE

China Textile Holdings Co., Ltd. (hereinafter referred to as "China Textile") was listed on the main board of Hong Kong Stock Exchange (Code: 3778) in December 2011, with a total number of 1.01 billion shares, a market value of HK $800 million a raised capital of HK $150 million. The main body of China Textile Group is Jiangxi Jinyuan Textile Co., Ltd. (hereinafter referred to as "Jinyuan"), which is the leading textile yarn manufacturer in Jiangxi Province. In September 2014, Jinyuan acquired Jiangxi Huachun Textile Technology Development Co., Ltd. (hereinafter referred to as "Huachun") with RMB 200 million. In November of the same year, China Textile issued an additional 126 million shares in Hong Kong raised HK $100 million as a part of the merger acquisition funds. Huachun is a large textile yarn manufacturer in Jiangxi province. The merger acquisition was completed in January 2015. Through the merger acquisition of Huachun, the capacity of China textile group increased about..

Also known as: China Textile Holdings Co., Ltd., China Weaving Materials Holdings Limited