Zhejiang Yuelong Holding Group Co., Ltd. is a modern diversification enterprise integrated with textiles weaving, textile raw materials processing, home textiles and apparel making, import and export trading, and real estate. The subsidiary companies are Zhejiang Somet Textile Co., Ltd., Anhui Somet Chemical Fiber Co., Ltd., Shaoxing Xinggong Textile Raw Material Co., Ltd., Shaoxing Anju Textile Co., Ltd., Shaoxing County Xinghui Imp. & Exp. Co., Ltd., Anqing Somet Yarn Co., Ltd. and Yuelong Industrial Zone. The total asset is over 1 billion Yuan asset and the staff number is about four thousands.

Somet Texitle (the subsidiary company), Xinghui Textile and Zhenyu Chemical Fiber Textile (the related companies) own more than 1100 sets of rapier looms, air-jet looms and water-jet looms which are the advanced machines in the world, and the preparatory machines from Germany, Belgium, Japan and South Korea for matching services. The company specializes in producing various fabric series made of chemical fibers, blended yarns or cotton etc, especially different large-width fabrics, yarn-dyed fabrics and elastic fabrics. The annual production capacity reaches more than 100 million meters.

Anhui Somet Chemical Fiber Co., Ltd. invested by Zhejiang Yuelong Holding Groups Co., Ltd. lies in Wangjiang of Anhui Province. It is a large-scale company producing viscose staple fibers. The total investment is 1.5 billion yuan, including 1.2 billion yuan fixed assets and about 1500 mu in area. The project will be constructed in two phases. The first phase is 60000 tons in production capacity and 0.5 billion yuan in fixed assets, which is constructed in Mar., 2008 and accomplished by the end of Mar., 2009; the second phase is 60000 tons in production capacity and 0.7 billion yuan in fixed assets, and will be finished ahead of Mar. 2013. The project has passed the assessment on its environmental influence. Now it is under the construction and expected to be built up soon.

Xinggong Textile Raw Material and Anju Textile are the subsidiary companies wholly invested by the holding company, which specialize in producing and processing textile raw materials, home textiles and apparel, various covered yarn and fancy yarn; meanwhile, it designs, develops and manufactures many kinds of home textiles and apparel.

Xinghui Imp. & Exp. Co., Ltd. of the holding company professionally engages in import and export. It has formed global trading network from purchasing raw materials to selling products. The products are so popular not only in middle-east, but also in more than 30 countries and regions such as America, South Korea, Europe, Africa and Southeast Asia.

Anqing Somet Yarn Co., Ltd. is a domestic company invested by Zhejiang Yuelong Holding Group Co., Ltd. and Shaoxing County Hengseng Yarn Co., Ltd.. The registered capital is 10 million yuan. The area is 192 Mu with building area 22000 square meters. The company has the equipments having the yarn spinning spindles 40000, professionally producing pure cotton yarn and various kinds of chemical blended yarn. The monthly production capacity is about 900 tons.

The exploration and development department of the group, located in the Hutang industrial cluster of Shaoxing county, has the standard workshop project occupied more than 250 Mu and building area above 200,000 square meters. The main projects are the top grade and pollution- free projects of home textiles, apparel and electronic products.

Thanks to high technology applied to the products, high quality and good sales promotion, the enterprise gains great economic benefit. In 1999, the enterprise was entitled in the list of China 100 top textile enterprises" by State Textile Industry Bureau, and in the same year, awarded by Planning and Economic Committee of Zhejiang Province as the best enterprise which was the largest in the industry and has excellent achievement on economic benefit. Somet Textile becomes the appointed manufactory providing military fabrics to the general logistics department of the Chinese People’s Liberation Army. Meanwhile, the company thought much of the basic management and realized the complete upgrade of enterprise management. The company passed ISO9001 Quality System Authentication and ISO 14001 Environmental Management System Authentication.