The company was founded in 1976 and listed on the Shanghai Stock Exchange in September 2001. It is a leading backbone enterprise in China's textile printing and dyeing industry. The company has successively passed the quality management system, environmental management system, occupational health and safety management system, energy management system, and intellectual property management system certification, and obtained the Oeko-TeX Standard100 international environmental textile certification. The China Textile Industry Federation has recognized it as a whitelist qualified company with printing and dyeing processing as its main business, forming a diversified development model including spinning, clothing, finished home textiles, textile trade, brand development, “B2B” platforms, financial investment and thermal power. Company honors include “AAA Credit Enterprise”, “Provincial Contract-honoring and Trustworthy Enterprise”, and “Shandong Province Harmonious Labor Relations Enterprise”. It won three honors including the “Outstanding Leader Award” from the China Quality Evaluation Association. It successfully won honorary titles such as advanced enterprises, advanced teams, and advanced individuals in the China Textile Industry Federation's digital transformation labor competition.