Chinatex Corporation, originally China National Textiles Import and Export Corporation, was established in 1951 and is a large-scale group corporation under the admininstration of the State-Owned Assets Supervision and the Administration Commission of the State Council.

 

    Chinatex focuses on the trading, R&D and production of raw materials, textiles and garments. With more than 30 subsidiaries and overseas affiliates and more than 40 manufacturing plants of various types, Chinatex is engaging a business ranging from trade and production of textile raw materials, textiles to oil and oilseeds with an annual turnover over USD 2 billion. Chinatex has its own cotton plantation, cotton ginning and spinning mills, wool-top processing factories, knit-wear and woven garment manufacturing bases, grain and edible oil production bases, all of which are located across the country and overseas. Chinatex is also the biggest trader of cotton and soybean, the biggest importer of acrylic and one of the initiators of China Cotton Exchange. In addition, it is also an essential buyer at the Australian wool auction market and a well-known wool importer as well as one of the largest Chinese clothing exporters. Chinatex has also made considerable investments in the fields of machinery, energy new materials, cultural establishments and advertising agencies, all of which have generated considerable business growth and returns to the company.

 

    With the support from a world famous strategic consulting company, Chinatex has set down its medium and long-term development strategies. Its mission is to take a leading position in raw material supply, textile and garment products as well as relevant upper-stream and lower-stream industries. It is also committed to worldwide operation, constant innovation and seeking excellence. Chinatex will continue developing high value-added products and provide client-oriented and comprehensive value-added services. It will strive for increasing integral value of the company as well as the individual value of the staff through constant education or becoming a WISE company.

 

    Based on the strategic planning, Chinatex divides its core business into three modules namely, raw materials and cotton spinning, textile production and trade, oil and oilseeds business.

 

    The business of raw materials and cotton spinning includes the trading and production of cotton, wool, chemical fibres, yarns and grey fabrics etc., among them the goal of the business of raw materials is to promote the capability of supply chain integration and general service by the extension to the sectors of origin sourcing and processing on the basis of trading expansion, in order to maintain its leading position in the fields of cotton, wool and chemical fibers thus become an influential supply chain management enterprise in China then.

 

    The goal of the cotton spinning business is, on the basis of available spinning enterprises, to become one of both main competitors and leading enterprises in the mid-high grade market of yarns and fabrics by means of self-construction and the way of capital operation, along with the production capacity expansion as well as the building of superior industrial structure etc..

 

    The business of textile trade and production includes trading and production of the textile products ranging from garments, fabrics to home textiles. The goal is to set up strategic co-operation with world-noted garment business enterprises, brand owners and retailers by means of investment to the establishment and control of certain scale production capability of the high value-added products, improving service function of fabric design and development with advanced and efficient QC, expanding market share and becoming an important supplier in the international market of textiles and garments.

 

    The oilseeds business includes the trading, logistics and processing of the bulky agricultural products such as soybean, rapeseed and corn as well as those lower-stream products, The goal is to promote the capability of supply chain integration and general service with extension to the sectors of upper-stream origin sourcing and lower-stream initial processing on the basis of trading expansion, becoming an influential supply chain management enterprise of oilseeds products in China thereby.

 

    Since entering the WTO, China has been facing an ever-changing market environment and tough challenges. Due to effective solutions and the commitment to innovation, Chinatex has enjoyed increasing profitability and business volume. It has successfully transformed from a traditional foreign trade enterprise into a strong supplier with its business covering upper-stream and lower-stream industries. Chinatex has the capabilities of supply chain management, industry development, strong purchasing and sales as well as the value-added service of logistic management and risk control. Chinatex has already established a positive business and organizational structure.

 

    According to the authoritative statistics from China Enterprise Federation and China Enterprise Directors Association, Chinatex ranked No.172 in the Top 500 list for China’s enterprises and has become a group corporation enjoying wide influence and a leading position in the industry.

 

    In today’s globalization, Chinatex is ready to cooperate with partners and friends to make a brighter future.