The company is a subsidiary directly controlled by Xingxiang Group. It was listed on the A-share main board in May 1998, and is the only state-owned listed company engaged in the textile and apparel production industry in Hunan Province. The company belongs to the textile industry. The main business activities are R&D, production and sales of ramie, yarn, cloth, printing and dyeing cloth, clothing, and other textile and chemical fiber products blended with cotton and chemical fiber. Main products or services provided: Import and export trade and domestic trade of textiles and other commodities permitted by the country, and production and sale of textiles such as ramie yarn and cloth. Corporate honors: The company owns famous brands in the textile and garment industry such as “Cedar”, “Dongting”, “Jin Shuang”, and “Huasheng Natural Family”. It is a “National Ramie Product Development Base” and “Vice Chairman Unit of the China Hemp Textile Industry Association”. 4 of the subsidiaries are high-tech enterprises, and 3 have been rated as specialized and new small and medium-sized enterprises in Hunan Province. In terms of honors, “Innovative Development and Industrialization of Antibacterial Multifunctional Hemp Knitting Products” was awarded a typical example of a new model and new business format in the textile industry in Hunan Province; it won the first prize of the 2023 China Printing and Dyeing Industry Outstanding Fabric Award, the second prize of the 4th Hunan Quality Innovation Competition, and the Outstanding Award for Chinese Popular Fabrics. The “Blue Out of Blue” fabric developed by the company was honored with honors such as the 2023 China Printing and Dyeing Industry Outstanding Fabric Award.