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Brief Introduction of Nanjing Textiles
Import & Export Corp., Ltd. |
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Nanjing Textiles Import & Export Corp.,
Ltd (abbreviated as the Company in the following) was founded in 1978, under
the leadership of Council of Foreign Trade and Economy Cooperation of Nanjing.
In the year of 1988, the Company was authorized to do foreign trade business
independently. In the year of 1994, the Company was reformed into a stock
company. Approved by the [2001] No.7 Document issued by China Stock Supervising
and Administrating Council, the Company¡¯s stock is listed in Shanghai Stock
Exchange in March 6th, 2001. |
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The total shares of the Company now is 258692460,
in which: State-owned Shares holds 121611325 stock, occupies 47.01% ; Public
Shares holds 111030804stock, occupies 42.92%; Public Juridical Person Shares
holds 26050331 stock, occupies 10.07%. |
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The Company involves in the fields of textiles
and garments, electric and machinery, light industry, chemical industry
etc, covering over 1000 merchandise. At the same time, the Company also
has overseas labor services and economic & technical cooperation activities.
The business scope of the Company covers 120 plus countries and/or regions
all over the world and has established steady cooperative relationship with
more than 800 foreign business partners and 1000 domestic suppliers. |
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Stationed in a modern 21-storey building, the
Company has 29departments, 5 overseas branches. At present, the Company
has total 379 employees, among which: 68% are below 35 years old, 80% are
college graduate, 65% are majored in foreign trade and 30% have professional
titles. |
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The fund collected from the stock market are
invested mainly in textiles, chemical and electronics industry, projects
including: biologic functional treated silk products, high-grade cloth dying
and treating base, high-grade textiles production base, teletron and large
screen displacing system production base, natural phosphor-free detergent
production base, etc.. All these projects are high value-added and of hi-tech,
which shows the strategy of the Company¡¯s future development. |
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Since 1994, after the Company was reformed
into a stock company, the Company holds the idea ¡° enlarge the export ,
improve the competitiveness¡± as its guideline. Taking its own advantages
in human resources, management and market, the Company developed at a surprising
fast speed and this developing tendency still keeps going. In 2003 , the
total export and import volume was7.98 million USD, in which export volume
reached 6.21 million USD. |
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In 1992, the Company became one of the 500 biggest foreign
trade enterprises in China and the position keeps rising since then. From
1997 to 2003, in this continuous seven years, the Company successfully positioned
in the 100 biggest foreign trade enterprises in China. During its developing
period, various honorable titles were issued to the Company, such as: ¡°National
Top 10 Export Sales Company¡±, ¡°Excellent National Foreign Trade Enterprise¡±,
¡°Advanced Efficient Foreign Trade Company¡±, ¡°Backbone Foreign Trade company
of Jiangsu Province¡± etc.. At present, the Company is not only an enterprise
of large-scale developing in both foreign and domestic markets, but also
an enterprise strengthened with scientific research and industrial production
ability. |
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