The company is located along riverside of the Grand Canal in an ancient city with historic culture, Changzhou. It is founded in 1940, and then engaged on jean manufacturing since 1980s, which has been one of the earliest manufacturers nationwide. In succeed to the original business of jean, clothes and yarn-dyed-fabrics, the company initiated a brand new business, city function development in Feb. 2009 after significant assets reorganization. Up to now, the company owned 6.5 billion RMB gross assets, 3.3 billion RMB net assets and more than 4, 000 employees. Besides, the company' shares was on the stock in Shanghai Securities Exchange in Jun. 2002, the shares code is 600510. And, the company realized 2.4 billion RMB sales revenue and 223 million net profits in 2008.

Textile is the main basic industry of Black Peony. Up now, we have an overall production system from yarn, fabric manufacturing, sorting and clothes, the annual capacity is 60 million meters, 8 million clothes and 21, 000 tons yarns. The company has been authenticated by ISO9001 quality management system, ISO14001 environment system, SA8000 social responsibility management system and Oeko-Tex Standard 100 zoological textile. Besides, Black Peony has been honored as China Famous Brand, and Black Peony Jean has been evaluated as China famous product, and it is the first exported enterprise that State Quality Quarantine Bureau approved to be inspection-free, and the products are well sold to USA, Japan, and Russian, Hongkong, Australia and other more than 50 countries and areas.