Founded in 1997, Gaomi Haitao Textile Factory is a private spinning and weaving enterprise in the east suburb of Gaomi city, Shandong province. It is next to Qingdao, Weifang & Jiqing expressway; Jiaoji railway passes through this region; Moreover, we are only 60km away from Qingdao international airport and Qingdao wharf, we enjoy good location. Up to now, Haitao has become a medium-scale textile enterprise, with 400, 000sqm of lands, 20, 000 pieces of spindles, 300 sets of fly-shuttle looms, 100 sets of shuttleless looms and 300 employees. By the end of 2005, we paid RMB 1 million yuan of tax and exported RMB 42 million yuan of products. At present, our main products are all kinds of cotton yarns and grey cloths, and they are well-received in China and international market.