Chinese

Black Peony (Group) Co., Ltd. is located in the Grand Canals historical and cultural city - Changzhou, Jiangsu Province. Founded in 1940, began specializing in the early eighties production of denim, denim is the first production of one of the enterprises; February 2009, the company completed the implementation of a major reorganization of assets, achieved while retaining the original denim, clothing and yarn-dyed fabric production and sales, based on new feature development to increase the citys comprehensive business and become a moderately diversified companies. Currently, Black Peony Group has total assets of about 60 billion yuan and net assets of 3.7 billion, more than 4,000 employees, the company stock in June 2002 in the Shanghai Stock Exchange. Stock code 600510.2009, the Black Peony Group realized sales income of 2.4 billion, 365 million profit.