Shandong Eagle Textile Co., Ltd. is a private enterprise jointly built by Zoucheng Guohong dyeing and Weaving Co., Ltd. on the basis of Zoucheng Guohong industry and Trade Co., Ltd. The company is located in Tang Cun town, Zoucheng City, Shandong. It covers an area of 30 mu, with a total investment of 38 million yuan and a design scale of 30000 spindles. The project was implemented in two phases. The first phase invested 23 million yuan and started in early 2006. The construction of twenty thousand spindles production plants and supporting infrastructure was completed in that year. In July 2006, the commissioning of 5000 spindles was put into operation. At the end of the year, the scale of 22000 spindles was completed, and the output of cotton yarn was 2200 tons per year. The sales income was 40 million yuan, the profits and taxes were 3 million yuan, and 260 people were placed in employment. ...
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