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Jiangsu Tongyu Textile Group Co., Ltd., founded in 1958, is a large textile enterprise integrating spinning, weaving, dyeing and economy and trade. It has been focusing on the professional production and development of various kinds of yarns for more than 50 years, providing high-quality yarn raw materials for many domestic and foreign brands of clothing fabrics. The company is located in Yangzhou, a famous historical and cultural city, next to the Beijing Hangzhou ancient canal and the thin West Lake scenery belt of Shugang. The developed railway, highway and air transportation connect enterprises to all parts of the country conveniently. The company covers a total area of 450 mu, with a total asset of 1.2 billion yuan. It has a production scale of 200000 ring spinning spindles, 6000 air spinning spindles, 720 air-jet spinning spindles, 1500 double twister spindles, 134 rapier looms for yarn and denim, with an annual output of 60000 tons of yarn, 12 million meters of denim and an annual sales revenue of 1.5 billion yuan. The company has more than 4200 employees, including Yangzhou Tongyu first cotton branch, second cotton branch, Jiangdu Tongyu, Xinghua Tongyu, Yuhua Weaving Co., Ltd., Tongyu import and export company, Tongyu textile machinery accessories factory, Yufeng packaging products factory, Tongyu building materials market, Yongyi cotton and other subsidiaries. The "12th Five Year Plan" development strategy of Tongyu group is "concentrate on production, scale operation and diversified development". Since 2011, the enterprise will invest 400 million yuan in two years to implement the technical transformation project of "returning to the city and entering the park, overall transformation and upgrading", build a well-off textile and clothing Park, introduce and use excellent cotton spinning production equipment in the whole process, further improve the equipment level, upgrade the product grade, and provide customers with higher quality yarn products. By taking advantage of the technology, talent and management advantages that have been cultivated and accumulated for many years, aiming at the level of domestic enterprises, taking the fabric and yarn of international brand clothing as the direction of enterprises' pursuit, the company aims to make the existing products better, and make the brand more influential and abundant. The enterprise gives full play to the resource advantages of abundant existing industries and brands, develops in multiple ways, forms scale and expands profit channels. Through standardized operation and entering the real estate development market of capital operation, Tongyu group will expand from the labor-intensive industry to the capital operation industry, increase the capital accumulation of Tongyu, drive the industrial extension, cooperate with cotton suppliers, and acquire the joint-stock ginning plant. It has successfully acquired 70% equity of Hebei Nangong Yongyi Cotton Industry Co., Ltd., which will form 6000 tons of cotton processing capacity, not only to ensure the full supply of high-quality raw materials for enterprises, but also to enter the cotton trade processing and operation industry, and to implement the extension of the industrial chain. The "12th Five Year Plan" of Tongyu has brought a new connotation of corporate culture construction to Tongyu. "Building harmonious and abundant, building strong and abundant, sharing beautiful and abundant" is the core of the construction of Tongyu corporate culture, and "starting from scratch, working from scratch, starting from scratch" is the new enterprise spirit of Tongyu's second entrepreneurship.

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