Guangzhan Textile Enterprise Ltd. is a Chinese-foreign joint venture established by Zhanjiang Textile Enterprise (Group) Co., Guangdong Textile IMP & EXP (Group) Co. and Hong Kong Huacheng Investment Co. Ltd. It imported the fully-automatice ring spinning equipment and OE-spinning equipment. The annual output of OE yarn is 4800 tons, and that of combed ring yarn is 2640 tons, and 90 per cent of the products are exported to Hong Kong. In the past years the corporation has been devoted to improving the famous-brand-product to occupy an important place in the international market. The faultless OE yarn and the OE yarn specialized for knitting have filled in the nation gaps, and gained "Invention & Innovation SCI-TECH Star" by UN Tips National Bureau in China, which has been the famous-brand-product in Guangdong Province. The pure cotton open end spinning yarn and the pure cotton ring spinning yarn obtained the ISO 9002 certificate.