The company's predecessor was Shenzhen Textile Industry Co., Ltd., which was founded in 1984. The company was restructured and listed in 1994, and its shares “Shenzhen Textile A” and “Shenzhen Textile B” were listed on the Shenzhen Stock Exchange in August 1994. By the end of 2022, there were 6 wholly-owned and holding companies and 10 participating companies. The company's main business is the high-tech industry represented by polarizers for liquid crystal displays, the operation and management of its own properties, and the textile and garment business. The company's products cover TN, STN, TFT, OLED, 3D, dye sheets, optical films for touch screens, etc. The company's TFT-LCD polarizer project has been rated as a “Shenzhen Major Project” for 11 consecutive years, and has been listed as a Top 500 Modern Industry Project in Guangdong Province, a key construction project in Guangdong Province, and has undertaken various projects such as “National Strategic Emerging Industries”.