Huafu Fashion has established a new company in Xinjiang, which includes real estate development and operation business.

According to the Qichacha app, recently, Xinjiang Tianfeng Technology Co., Ltd. was established with Sun Fei as the legal representative and a registered capital of 500 million yuan. Its business scope includes yarn processing; industrial textile manufacturing; cotton and linen sales; machinery and equipment sales; real estate development and operation; power business, etc. According to Qichacha's equity penetration display, the company is jointly held by Shenzhen Huafu Import and Export Co., Ltd. and Zhejiang Huafu Dyed Yarn Co., Ltd., both under Huafu Fashion.