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Baokang Juxinyuan Textile Co.,Ltd. was founded in August, 2008. Register capital is 10 million yuan. The company invested by Hong Kong Huipeng Trade Co.,Ltd is the private mixture textile enterprise with cotton and chemical fibre, and is the key enterprise in Baokang county. The company is located in Chengguan of Baokang county in Hubei province, and covers an area os 33,333 square meters including 32,300 square meters for production fields. We own more than 21 million yuan for fixed assets and 108 employees including 18 professional technicians and 6 medium and advanced management employees with higher management level, business resolution ability, market analysis ability and production technology level. The company belongs to limited corporation and sets up pre textile and post textile workshops, production department, purchase department, sales department, financial department, safety environmental-friendly department, labouratory, comprehensive management office and others. General Manager takes charge of all kinds of department and daily business operations.

The company invests to rebuild combed cotton yarn and carded cotton yarn production lines, and adopts the most domestic advanced craft technology and production equipments at present. We can produce all kinds of yarns. Total investment of this project is 120 million yuan. Construction period is five years. This project can be divided into three periods to complete. Annual product sale volume will reach 500 million yuan after construction; annual tax is 29 million yuan. The first period project will invest 30 million yuan and produced is August, 2009. Production scale is 20,000 ingots. Annual output of cotton yarn is 4,500 tons; product sale volume is 120 million yuan; annual tax is 8.5 million yuan.

This project can fill the blank of cotton textile industry. The company will provide 1,500 employment positions after completing. Raw material and products should be transported by trucks. Meanwhile, it will enhance development of many industries including cement, package, transportation, accommodation, vegetable and others. In general, this project not only brings obvious economic benefits, but also gives development from other relative industries. It will increase employment opportunity and accelerate economic sustainable development in Baokang county.