Shandong Morigin Textile Factory Co., Ltd. is a joint venture which is con-invested by Yunsheng Holding Group Ltd. (holding), Hongkong Kartar International (Group) Ltd. and Hongkong Bondex International (Hongkong) Ltd. The company is mainly devoted to compact yarn and the research, development, production and operation of quality fabric. Shandong Morigin Textile Factory Co., Ltd. is incorporated in Jining High-tech Zone, with registered capital 4.57 billion Chinese *. Compact yarn is a new developed textile spinning process in the world recent years, is a new innovation in the spinning technical field, it is becoming the main orientation of international cotton spinning industry. Shandong Morigin Factory Textile Co. invested by Yunsheng Group Ltd. etc. is a wonderful move of seizing development opportunity, propelling the structure reorganization and upgrading of cotton spinning industry.