China Textile Cotton Dongying Cotton Co., Ltd. was founded in May 1984. It was originally a collective enterprise affiliated with the supply and marketing cooperative. It was restructured into a joint-stock company in August 2000. In November 2003, it was reorganized by Zhongfang Cotton Import and Export Corporation. the company. The company occupies a total area of 120,000 square meters, has fixed assets of 18.6 million yuan, 50 employees, under the office, business department, production department, finance department, safety and environmental protection department. The business scope is mainly based on cotton purchase and processing and cotton trade, and the current annual business volume of lint is about 150,000 tons.