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Qingdao Hongda Textile Machinery Company (“QDHD”) is the subsidiary company of Jingwei Textile Machinery Co., Ltd. (“JWGF”). It is backbone enterprise of Chinese textile machinery field, which produces blowing and carding series machinery and auto-winders as an important production base of producing carding equipments and auto-winders. The initial name of the company is Qingdao Textile Machinery Works (“QTMW”) which was founded in 1920. In 1999, China Textile Machinery Group reorganized the capital of all carding subsidiary companies, by which Qingdao Hongda Textile Machinery Co., Ltd was established with integrated investing from QTMW and JWGF. Up to now, QDHD has total assets of RMB1.5 billion (around $157,000,000.00) 1300 employees with more than 400 senior qualified technicians/managers......


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