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The company owns dipped polyester tire cord and conveyor belt fabric plant and possesses the majority shares of Jiangsu Hongyuan Textile Machinery Co., Ltd.

The company specializes in producing high tenacity polyester industrial yarn, dipped polyester tire cord and conveyor belt fabric, chemical fiber machinery, cotton spinning machinery, etc. All the products have a high market share in Chinese domestic market and have been exported to the overseas market, such as Southeast Asia, Africa, Europe and America.

There are more than 2800 employees in the company, including over 500 professional technicians and engineers. The company has acquired Certificate of Conformity to Quality Management System ISO9001: 2000. Meanwhile it has gained the Certificate of Approval for enterprises with foreign trade rights.

The company has set up the following overall developing plan for the future.

Regarding enhancing the economic efficiency as the core, assuring the leading position of the diversified operations, brand strategy, science and technology boosted industry and export oriented expansions, utilizing fully marketing strategies to open the domestic and overseas market, progressively improve the structure of operations and products with the science and technology. Guided by the market, completing the internal operational mechanism, so as to develop it into a top enterprise with diversified products, international trade expansions, efficient operation and modern management.