Qingdao Lianchuang industry&commerce Co. Ltd., the former Qingdao No. 2 Cotton Textile Factory with a history of over 80 years, has acquired 360-million yuan registered capital and 600-million yuan assets. Covering an area of over 200 thousand square meters, it is advantageously located close to Qingdao Port, with Jiaoji Railway on the east and Ji'nan-Qingdao Highway on the west. After years of development, the Company has enjoyed a high fame in the production of rubber framework materials -- cord fabric and canvas for industrial use. Its main products include different kinds of rubber-soaked cord fabrics of polyamide fiber 6, and canvas made of fine cotton, blending fabric and polyamide fiber 6. In 1990s, the Company introduced advanced equipments and high technologies from America, Germany and Japan with a loan of 400 million Yuan provided by Asia Bank, and set up the product line of rubber-soaked cord fabrics of polyamide fiber 6. Due to the strict management, advanced equipments and technologies, its quality reached the high level of the trade at home and abroad. The products ot only have satisfied the needs of good-uality

tires in our country, but also have been exported to many countries and areas, such as the Middle East, the Southeast Asia, Korea and Taiwan. On the theory that one should be prepared for improvement in times of danger and never satisfied with what he has got, the Company is making incessant progresses towards the development in the tide of market economy. In 2002, the Company introduced advanced equipments for technological reconstruction and project expansion with an investment of 120 million Yuan. In that case, the production of cord fabrics of polyamide fiber 6 will be over 13,000 tons and the product patterns will be diversified.
Based on the principal that technology is advanced, management is fundamental, customer is
superior and quality is choice, the Company keeps innovating the technologies and improving the quality. In 2000, it acquired the IS09000 Standard Certificate and was nominated as Qingdao hi-tech company. Up to now, the Company has cooperated with many foreign or domestic enterprises and founded some joint-ventures, for example, Qingdao Hanyi Huarui Textile Co. Ltd. (Qingdao & Korea)which can produce 10,000-ton acrylic fibers per year, Dupont (Qingdao) Nylon Co. Ltd. (Qingdao & America) which can produce 2600-ton nylon 66 rubber-soaked cord fabrics per year; Qingdao International Commodities Interflow Co., Ltd.; Qingdao Yin'ou Real Estate Co., Ltd., etc. Besides, it also owns three subsidiary companies, I.e., Qingdao Lianchuang stock Company, Qingdao Jinlun Co., Ltd. and Qingdao Yin'ou Building Services Co., Ltd.