Company Profile
Shandong Ruyi Technology Group Co., Ltd., established on December 28, 2001, is a large-scale, diversified Sino-foreign joint venture limited liability company, a national high-tech enterprise, and a leading contributor to the textile industry. Headquartered in Jining City, Shandong Province, its legal representative is Qiu Yafu, and its registered capital is 4.054 billion yuan. Its main business is textile production and brand operation. The company's predecessor was the Shandong Jining Wool Textile Factory, established in 1972. It possesses the "Ruyi Spinning" technology and won the first prize of the National Science and Technology Progress Award in 2010.
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