Weiqiao Textile Co., Ltd. is a listed subsidiary controlled by Shandong Weiqiao Pioneering Group, a Fortune Global 500 enterprise. It is mainly engaged in the production, sales and distribution of cotton yarn, grey fabric, denim, electricity and steam. It is a globally competitive cotton textile enterprise. Weiqiao Textile (stock code 2698) was officially listed on the main board of the Stock Exchange of Hong Kong Ltd. on September 24, 2003.
Weiqiao Textile has four production bases in Zouping, Weiqiao, Binzhou and Weihai. With strong technical strength, Weiqiao Textile has built a green and intelligent integrated production line, which adopts the world's advanced production equipment, equipped with a powerful big data platform and advanced management system. It has achieved "intelligent production process", "intelligent control system", "online monitoring informatization" and "green manufacturing process". It successfully passed the global renewable resource GRS certification in 2020, and was selected into the list of national green factory in 2020. The key technology and industrialization project of intelligent spinning based on data flow won more than ten honors, including the first prize of scientific and technological progress in China's textile industry, the national quality benchmark, the top ten scientific and technological progress of China's intelligent manufacturing, and the intelligent manufacturing demonstration factory.
The company's product structure is reasonable. It mainly produces two yarns and two fabrics (various pure cotton yarns and fabrics, various polyester/cotton yarns and fabrics), core-spun yarn, new type yarns (compact spun yarn, siro-spun yarn, vortex spun yarn, segment color yarn, snowflake yarn, cotton wrapped filament yarn) and various differentiated new fiber yarns, high-count and high-density fabric, spandex fabric, denim (conventional type, spandex type, slub type), various jacquard and dobby fabrics, etc. There are more than 20,000 varieties in ten categories, the finest yarn count of cotton yarn reaches 500, and the highest density of grey fabric reaches 1800. All quality indicators are at the international advanced level, and more than 200 innovative products have obtained patents.
China Cotton Textile Association recommended the pure cotton grey yarn, grey cloth and denim of “Weiqiao” brand as the “Most Influential Product Brand”. "Weiqiao" brand has been selected into the list of China's 500 Most Valuable Brands for 18 consecutive years, ranked among the World's 500 Most Influential Brands for 3 consecutive years, and ranked 462 in 2021. As a world-famous brand product, Weiqiao brand products have covered more than 120 countries and regions including Europe, the United States, Japan, South Korea and Southeast Asia with its advantages of high grade, good quality and complete specifications.
Weiqiao Textile was rated as the national advanced collective of textile industry system, the advanced collective of national supply and marketing cooperative system, and the home of the national model workers. Hu Jintao, Wu Bangguo, Wen Jiabao, Yu Zhengsheng, Wu Guanzheng, Zhang Gaoli and other party and state leaders visited the company respectively and spoke highly of the development performance of the enterprise.