We will buy 260mu of lands and invest CNY 1 billion to expand industrial chain and increase the value of products. The main projects include: 100 sets of import big-round knitting machines, 800 sets of air-jet looms, 6 printing & dyeing production lines, top-grade garment fabric, home textile production lines.

For these projects, we will ask for a loan of CNY 500 millions, and our group will offer CNY 500 millions.