Hefei Yinshan Cotton&Linen Co., Ltd. was founded in 2002 with a registered capital of 56 million yuan, and is a provincial-level specialized and new champion enterprise focused on the cotton industry chain, with an emphasis on deep processing and recycling of cotton fiber. On November 17, 2017, the company was listed on the New Third Board (stock abbreviation: Yinshan Shares, stock code: 872247), and in May 2020, it was successfully selected into the innovation layer list of the New Third Board. The company's strategic focus lies in sustainable cotton development through deep processing and recycling. Its goal is to become a leading enterprise in the domestic cotton industry chain, a premier supplier of raw materials for national coinage. Through industrial layout adjustments, it has evolved into a modern enterprise primarily engaged in producing and selling coin-grade cotton pulp while also venturing into electronic trade for cotton products.Currently operating production bases for various purposes including an annual capacity of 18,000 tons for coin-grade cotton pulp production base in Chuzhou; pure-cotton home textile production base in Wuhu; purifying and processing base for cotton fiber in Changfeng; along with another under-construction production base for pure-cotton non-woven fabrics and flame-retardant fibers in Lujiang. Additionally,it has established procurement bases for online trading methods such as futures and B2B to realize innovative spot-futures trading both domestically and internationally. The company possesses high-quality customer resources including banknote paper production enterprises affiliated with China Banknote Printing & Minting Corporation being primary customers for mintage grade cotton pulp. |