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山东省夏津棉纺厂是夏津县依托当地盛产棉花的优势于1987年建立的县属最大的骨干工业企业,具有5万纱锭的生产规模。该厂成立后没几年,由于种种原因,生产开工严重不足,长期处于半停产状态。到1998年10月份,夏津棉纺厂已不能经营下去,被迫进行破产清算。为有效盘活原夏津棉纺厂的存量资产,经夏津县政府和山东德棉集团公司多次协
Xiajin Cotton Spinning Factory of Shandong Province is the largest backbone industrial enterprise established in 1987 in Xiajin County relying on the advantages of local cotton production, with a production scale of 50,000 spindles. A few years after the plant was established, due to various reasons, production was seriously under-run and it was in a semi-discontinued state for a long time. By October 1998, Xiajin Cotton Spinning Factory had been unable to continue its business and was forced to go bankrupt. In order to effectively revitalize the existing assets of the original Xiajin Cotton Spinning Mill, the Xiajin County Government and Shandong Demian Group Company