Established in 1996, Qingdao Qunying Lights & Textiles Co., Ltd. has six handred thousand dollars and three subsidiary factories with three hundred workers. It is among the first lot of private firms which were granted import and export right by Ministry of Foreign Trade and Economic Cooperation of The Pepole's Republic of China, as early as in 1998.

This advantage was gained based upon the fact that the company owns and runs its own products enterprises which produce a range of garments, bedclothes, arecrafts, plastics. All of the products are exported to developped countries such as Japan, United States, etc. In 2002, the company's export revenue is approximately 8 millions U. S. Dollars.