Starting from May 6, 2026, Shandong Ruyi officially changed to ST Ruyi. Due to years of financial fraud and inflated profits of more than 780 million yuan, the company was fined heavily and the relevant responsible persons were banned from the market for life. The implementation of this penalty has released the wool spinning and textile industry system-ui, sans-serif, "Apple Color Emoji", "Segoe UI Emoji", "Segoe UI Symbol", "Noto Color Emoji"; font-weight: 700; line-height: 24px; flex: 0 1 auto; flex-direction: row; justify-content: normal; align-items: normal; padding: 0px; margin: 0px; background: none 0% 0% / auto repeat scroll padding-box border-box rgba(0, 0, 0, 0);">A strong signal of comprehensive tightening of compliance supervision.
In recent years, market supervision and financial supervision have continued to intensify random inspections and investigations of textile enterprises in various dimensions such as financial specifications, product quality, labeling, and qualification compliance. The survival space of enterprises with non-compliance, false labels, and extensive operations has been continuously compressed. Enterprises that operate in a formal manner and adhere to the bottom line of quality and integrity are facing better development opportunities.
China Lixian Oumu Woolen Textile Co., Ltd. always adheres to the principles of legal operation and honest operation, strictly abides by industry quality standards and market supervision requirements, transparent sources of raw materials, true labeling of product ingredients, and standardized and controllable production processes. It operates with formalization, standardization, and high quality to set a benchmark for reliable enterprises in the woolen textile industry.