As a farmer entrepreneur, he invented soybean protein fiber, which was hailed as "the eighth largest man-made fiber in the world" by the international textile industry. He was awarded the Gold Medal for Invention Patent by the World Intellectual Property Organization and the National Patent Office. He invested 20 million yuan in his hometown and founded Huaxian Huakang Industrial Co., Ltd. It is now a national-level poverty alleviation leading enterprise, a provincial key leading enterprise in agricultural industrialization, a "top ten" agricultural industrialization leading enterprise in Anyang City, and a provincial high-tech enterprise. It has soybean fiber trademarks and "Tianrong" brand underwear trademarks registered by the State Administration for Industry and Commerce. And other series of products were rated as "Henan Shangnian High-tech Products" by the Provincial Department of Science and Technology, and won the second prize of the National Science and Technology Progress Award in 2007. Huaxian Huakang Industrial Co., Ltd. has been rated as an AA-level credit enterprise by the Provincial Agricultural Bank of China for consecutive years. After successfully starting a business abroad, Li Guanqi thought about his source of wealth and came up with the idea of ????returning to his hometown to start a business. Under the guidance of the local government, he successfully completed investment and business in his hometown and founded Huaxian Huakang Industrial Co., Ltd. In 2006, the total asset value was 125.2 million yuan, the total fixed assets were 98 million yuan, the working capital was 44 million yuan, the output value was 130 million yuan, and the sales revenue was 120.25 million yuan. By the end of October 2007, it had achieved sales revenue of 126.515 million yuan, profits and taxes of 16.548 million yuan, and provided employment to more than 350 people.

In 2006, the company established a new project to build a production base with an annual output of 10,000 tons of soybean fiber covering an area of ??1,300 acres, a total fixed asset investment of 420 million yuan, and a working capital of 120 million yuan, with an annual new output value of 400 million yuan. Yuan, profits and taxes of 120 million Yuan, annual digestion of 30,000 tons of soybean meal, and employment for 400 people. By 2010, when the project is basically completed, the annual production scale of soybean fiber will reach 30,000 tons, the annual output value will exceed 1.2 billion yuan, and the profit and tax will be 300 million yuan. It is currently in the later stages of construction.