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Huaian Xinlian Textile Co., Ltd. is a privately-run high-tech backbone enterprise in Lianshui County. The company has total assets of more than 160 million RMB yuan, and in the year 2004, the sales income reached 220 million RMB yuan, with tax payment 17 million RMB and profit 6 million RMB yuan. Boasting 60,000 spindles, the company is capable of the annual production of 12,000 tons of yarns, which are exported far to Europe and the US, Japan, South Korea etc., and has occupied the domestic markets, such as Guangdong, Zhejiang etc. There are altogether 860 employees, including 3 senior en...[ Click for details]
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