According to Baidu Encyclopedia, Shandong Guanxing Textile Group is one of the key enterprises in Liaocheng 18 and one of the top ten textile enterprises in Liaocheng. The company passed ISO900 12000 quality management system certification, Guanxing brand cotton yarn was rated as a famous trademark in Shandong Province and won the title of famous brand product in Shandong Province. In recent years, it has been rated as national and provincial excellent enterprises and meritorious enterprises in cities and counties for many times, ranking among the top 50 national textile enterprises, the top 500 national large enterprise groups and the top 0/00 Shandong private enterprises, so it is not a state-owned enterprise, but a private enterprise.

Guanxing Group has two spinning subsidiaries, Guanchang Textile Co., Ltd. and Guanxing Textile Co., Ltd., with 654.38+200,000 spindles. In order to speed up the development of enterprises and improve the product grade, the Group aims at the advanced level of the same industry at home and abroad and vigorously promotes investment attraction.