Nanjing Textiles Import & Export Corp., Ltd.

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.
The total shares of the Company now is 132, 662, 800, in which: State-owned Shares holds 62, 362, 800 stock, occupies 47%; Public Shares holds 55, 000, 000 stock, occupies 41. 4%; Public Juridical Person Shares holds 13, 358, 400 stock, occupies 10% and Employee Shares hold 1, 941, 600 stock, occupies 1. 4%. The issuing price is RMB 8. 12 Yuan.

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 80 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. Stationed in a modern 21-storey building, the Company has 18 departments, 6 overseas branches, 4 stock-held textiles enterprises. At present, the Company has total 275 employees, among which: 68% are below 35 years old, 80% are college graduate, 65% are majored in foreign trade and 30% have professional titles.