China : Luolai Household Textile fulfills social responsibility

On December 25, 2006, Chinese Foundation for Poverty Alleviation organized ‘2006 Warm Homestead Action’ in Fujian province in association with Chinese Household Textile Guild, Chinese Household Textile Association and other associations.

During this event, Luolai Household Textile Company, one of the famous companies in Chinese household textile industry, donated materials worth RMB1.03 million like blanket, bed sheet, pillow cover etc.

Luolai Household Textile Company is also planning to enter many other fields. Due to so many textile brands in the market, the average profit margin is less than 6 percent.

This donation by the company for fulfillment of social responsibility is expected to give competitive edge in domestic market.
 
Fibre2fashion.com News Desk-China