With the approval of the Shanghai Municipal People's Government, Shanghai Silk Group Co., Ltd. was transformed from a state-owned foreign trade professional company into a mixed-ownership enterprise. Its predecessor was Shanghai Silk Import and Export Co., Ltd., which was established in August 1949. Before the restructuring, the company struggled in international business for more than 50 years, and established long-term and stable trade partnerships with nearly 1,000 merchants in more than 80 countries and regions on five continents, earning nearly $20 billion in foreign exchange through exports. In 20001year, the company earned 767 million dollars in foreign exchange through export, ranking first in the national textile and garment export. Woven clothing exports ranked first; Silk clothing exports ranked first, and since 1989, it has been ranked first in Shanghai for the twelfth time. 1997, the company was rated as the advanced collective of the national foreign trade and economic cooperation system and awarded the honorary title of Shanghai Excellent Enterprise. 1999, the company was rated as the national advanced unit of spiritual civilization construction.

The company deals in raw materials and accessories for silk fabrics and ornaments, as well as various woven and knitted garments made of cotton, hemp, silk and wool, 95% of which are deep-processed products, and two-thirds belong to middle and high-grade products.

The company has 350 registered employees, including a group of high-quality technical development talents, fashion designers and sales talents with bachelor degree or above. The company, five holding subsidiaries and six offices are all over the United States, Europe, Japan and other countries and regions.

The company has a first-class fabric development and clothing design center, as well as a computer CAD/CAM system networked with foreign countries. The company has established a long-term and stable supply relationship with more than 200 domestic manufacturers, with commercial buildings and specialty stores. The company has 62 trademarks, and more than 300 trademarks have been registered at home and abroad, among which Lily trademark has been rated as a famous trademark in Shanghai.

Business management mode, at the same time, using advanced means such as "ERP" to manage enterprises, improve the overall management level of the company, and promote the transformation of all work from quantity to quality.

According to ISO900 1:2000: 2000, the company established a customer-centered quality management system, and constantly improved and perfected it to achieve the company's quality policy and quality objectives. The company passed the certification audit of CQC Shanghai Evaluation Center on February 6, 20001year.

During the Tenth Five-Year Plan period, the company took sustained and healthy development as the theme, adhered to the "four adjustments" (adjusting customers, adjusting commodity structure, adjusting organizational structure and adjusting trade mode) as the main line, deepened the mechanism reform as the driving force, and aimed at improving economic benefits, and strived to shape a business platform with trade as the leader, industry as the foundation and science and technology as the support, so as to realize sustained and healthy development with stable scale growth driven by economic benefits and cultivate the company's international competitiveness.