Shandong Ruyi Scientific and Technological Group is a large-scale national-level new high-tech enterprise, one of top 520 key enterprises, textile industry prominent contribution enterprise, the national spinning and weaving which has the most competitive power first ten strong enterprises, hundred key enterprise groups of Shandong province. Founded in 1972, after changing the system it become a multi-proprietary large-scale Chinese-foreign joint venture enterprise, it has 16 entire capitals and proprietary subcompanies.

      Ruyi has six big industrial groups,involved rabbit woollen yarn、garment、cotton printing and dyeing、knitting、chemical fibre 、jean 、real estate、hotel management、medicine etc. Became the domestic well-known textile correlation multiplication industry group. Today the total value of the assets is 2,700 million yuan, the workers are nearly twenty thousand.
     Ruyi group has the right of imports and exports autonomy , the technique center of national-level enterprise and post-doctor's work station. The Group passed ISO9001 and ISO14001 authentication. The trade mark " Ruyi " is China's Top trade mark, the products are obtained a title " China Top Product " and board and trade “Key cultivation and development exportation name brand”. Ruyi Group focus on the technology and scientific,with powerful technical innovation advantage , obtained national gold medal award , national silver medal award many times.
     Ruyi Group has invested a large and built Hi-tech Industrialized Park covering up an area of 1000 mu in 2001,including high technological outside material district; Functional clothing district; Other new high-tech industry areas and Research and development centre, at present all has gone into production. Meanwhile for response the summons of western big development, 2005 in Chong qing wan Zhou area and Nan an area invest to construct the Industrialized Park, constructs million spindles Chinese technology spinning and weaving base. After the project completes and go into production, will form the production line which has million spindles closely spinning, will become the home and even the world biggest closely spinning production base.