Huafang Group is a large-scale joint-stock corporation majoring in textile, taking cotton spinning as its core industry, along with a service sector and real estate. Covering an area of 2.5 million square meters, the group has total assets of over 8 billion yuan, with six professional companies under it, which are cotton spinning, dyed weaving, weaving & dyeing, knitting, wool manufacturing and garment making, the group also has the following subsidiaries: the textile sales company, the import and export company, the cotton company, the thermoelectricity company, the real estate company, the logistics company, the three-star-level Huafang Hotel, the five-star-level Jinling International Hotel of Huafang, and the large-scale cotton base and the textile industrial park set up in Xiajin County, Shandong Province. After years of well development, the comprehensive strength and the management achievements rank first in the textile field.