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Relationship between Qingdao Textile Machinery Factory and Qingdao Hongda Textile Machinery Co., Ltd.
Qingdao Textile Machinery is a local state-owned enterprise in Qingdao, and HTC belongs to the main branch of Hengtian Group, forming a grand branch with various cities. Therefore, in addition to Qingdao Hongda, there are Tianjin Hongda and Zhengzhou Hongda, which basically belong to the old factory and divest the advantage plate to Hongda. Qingdao Hongda and Qingdao Textile Machinery used to be in the same factory, but now they are separated and the relationship is getting farther and farther.
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