Founded in 1972, Shandong Ruyi Technology Group Co., Ltd. is a globally renowned innovative technology-based textile enterprise. Over the past 46 years, it has been unswervingly committed to developing the textile and garment industry and adhering to the strategy of "high-end, technology-driven, brand-oriented, and internationalization," thereby gaining a leading edge in technology both domestically and internationally. By integrating effective resources at home and abroad, the company has enhanced its international influence. Currently, it possesses two complete textile and garment industry chains from cotton spinning and wool spinning to clothing brands on the largest scale globally. Its enterprises are spread across France, Japan, Australia, New Zealand, India, the United Kingdom, Germany, Italy, and other countries, as well as regions such as Shandong, Chongqing, Xinjiang, and Ningxia. The group has four listed companies on China's A-share market, the Tokyo Stock Exchange, the Paris Stock Exchange, and the Hong Kong Stock Exchange, with 19 holding companies in 13 countries, 13 high-end manufacturing industrial parks in China, 13 branded garment enterprises, 32 internationally renowned textile and garment brands, and 5,800 branded clothing retail stores in 80 countries. It ranks 288th among China's top 500 enterprises, 126th among China's top 500 manufacturing enterprises, and 50th among China's top 100 transnational corporations, and it ranks first in comprehensive competitiveness and main business revenue among China's top 500 textile and garment enterprises in terms of competitiveness.
The enterprise has the first national cotton spinning engineering technology research center, an national industrial design center, a national enterprise technology center, and a post-doctoral workstation, and has obtained hundreds of patented technologies and innovative achievements. Following the second prize of the National Science and Technology Progress Award in 2002 for "Sirofil spinning technology and series products," the "Ruyi spinning" technology, which took seven years of research, won the first prize of the National Science and Technology Progress Award. In 2016, Ruyi won the Fourth China Industrial Award, the Gold Award of China Excellent Industrial Design, and the title of national industrial design center, making it the only enterprise in China's textile and garment industry to have achieved a grand slam of industrial awards in China. In 2009, it was the first enterprise in China's textile industry to obtain the qualification to participate in the world's premier visual expo——the French Première Vision exhibition, realizing the dream of Chinese textile professionals to release the latest fabric information and fashion trends to the world. Through superior product development and technological innovation capabilities, the enterprise insists on high-end product positioning and enhances its core competitiveness, becoming a leading enterprise representing China's textile industry in the global arena.
In accordance with the strategic plan of "technology-driven, high-end, brand-oriented, internationalization," and the construction of a century-old Ruyi and a 100-billion-level enterprise, the company will promote development with dual drivers of technology and brand. It will transform the group's economic growth mode, innovate the enterprise's business model; adhere to high-end positioning and strengthen the global marketing system; enhance international cooperation and build a global supply chain and industry chain; and create a 100-billion-level fashion industry group.
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