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英文翻译：Started in 1940, it is a state-owned holding listed company integrating manufacturing industries such as denim fabric / clothing / color weaving and urban comprehensive function development / innovation industry to invest in new businesses. Black Peony (Group) Co., Ltd., a manufacturing base for domestic production and development of high-quality denim fabric and clothing, is located in Changzhou City, Jiangsu Province. It is a manufacturing industry integrating denim fabric, clothing, color weaving, etc It is a state-owned holding listed company integrated with urban comprehensive function development and innovative industry investment new business. The company was founded in the 1940s. In 1979, the trademark of "Black Peony" was approved for registration and extended to more than 70 countries through the Madrid international trademark registration. In 1981, the company took the lead in the national advanced military Denim Market. In 2002, the A-share of Shanghai Stock Exchange was listed with the stock code of 600510. In 2009, the company carried out a major asset restructuring in the form of non-public directional issuance and injected into the city's comprehensive function development industry In 2015, the company issued non-public shares and introduced strategic investors. In 2017, the group achieved operating revenue of 6.289 billion yuan, total profits and taxes of 937 million yuan, total assets of 22.082 billion yuan, and about 3000 employees. In the field of textile and clothing, with more than 70 years of development, the height of black peony has been established, which is the manufacturing base for domestic production and research and development of high-quality denim fabric and clothing, and the drafting unit of the industry standard yarn dyed denim. ERQ (cowboy time), an independent clothing brand, has opened offline stores in many provinces and cities across the country by combining online marketing and offline experience stores, and has built several platform flagship stores such as Taobao tmall mall, Jingdong, Suning e-shopping, and online stores such as micro mall and Mengdian. In the development of urban comprehensive functions, with Changgao high tech group taking the lead in black peony, black peony undertakes the historic task of "building a new northern city and benefiting the people of Changzhou". Supporting projects such as municipal infrastructure, supporting commercial facilities, resettlement housing, commercial real estate, first-class development of land in the northern New Town and construction of ten thousand hectares of fertile land provide strong support for accelerating the urbanization process of Changzhou City. Innovation industry investment business, black peony around intelligent manufacturing, big health and other emerging industries, combined with urban industrial upgrading planning, to carry out new industrial investment focusing on technology and capital. Since the establishment of Mudan Jiangnan venture capital company with a registered capital of 300 million yuan, it has established a number of investment funds, such as Yixing Jiangnan Tianyuan, Jintan Zhonghe, Jinrui carbon materials, invested in a number of fast-growing high-tech projects, and successfully established Jiangsu Science and technology business incubator. The Black Peony science and technology park is located in the "dynamic green industry community", which covers the comprehensive high-end Park of the five functional areas of the headquarters R & D office area, the industrial incubation area, the industrial acceleration area, the living supporting area and the commercial supporting area. Through technological innovation and brand strategy, black peony will transform its business model, accelerate transformation and upgrading, develop its black peony style clothing and clothing into a national brand, and its black peony style fabric into a world brand; meanwhile, black peony will cultivate core resources for sustainable development, devote itself to forming a platform pattern of industrial upgrading and urban resource development, and become a national image Industrial holding group company with strong influence and transnational operation ability.

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