Is Lutai Textile State-owned or Private?

Private enterprises. Official website, the national enterprise credit information publicity system, shows that Lutai Textile Co., Ltd., founded in 1987, is a foreign-invested joint-stock enterprise and a B-share listed company. Lutai Textile is a private enterprise founded by Liu Zibin since the reform and opening up, which belongs to a joint venture with foreign investors. Lutai Textile is the world's top yarn-dyed fabric manufacturer and the international first-line brand shirt manufacturer. Has a complete industrial chain from textile, dyeing and finishing, clothing production to brand marketing. Is a private enterprise integrating R&D, design, manufacturing and marketing services.