General situation of China Hengtian Group Co., Ltd.

Hengtian Group is a large state-owned enterprise group supervised by the State Council SASAC with a registered capital of 2.759 billion yuan. It focuses on textile machinery, textile clothing and trade, including research and development, manufacturing and sales of textile machinery, and provides customers with textile engineering system solutions, design, production and sales of textile clothing. Import and export trade of textiles, clothing and textile raw materials. At the same time, take real estate and securities as strategic businesses and implement a moderately diversified business strategy.

China Hengtian Group Co., Ltd. 10 directly under the second-tier subsidiary; There are 88 wholly-owned and holding enterprises above Grade III, including 5 A.B.H-share listed companies, namely Baoding Swan (direction: textile materials), Kyle B (direction: automobile manufacturing and sales) and China Clothing (direction: clothing design, production and sales; Clothing magazines, etc. ), Jingwei Textile Machinery (direction: textile machinery, finance, real estate, automobile industry), Lixin Industry (textile machinery manufacturing). Enterprises are located in more than 20 provinces and cities in China and nearly 20 countries and regions abroad. By the end of 2006, the total assets were 654.38+084 billion yuan, the net assets were 6.5 billion yuan, the product sales revenue was 654.38+059 billion yuan, and the import and export scale was about 900 million US dollars.

The development goal of Hengtian Group is to become a textile industry group company with reasonable property right structure, perfect corporate governance structure, scientific organizational structure, strong capital operation ability, sound incentive and restraint mechanism, remarkable corporate culture and international competitiveness.

Company headquarters address: Zhongfu Building, No.99 Jianguo Road, Chaoyang District, Beijing