On December 19, 2017, Chinatex was changed from ownership by the whole people to a limited liability company (sole proprietorship of legal person), with its name changed from Chinatex Corporation to Chinatex Co., Ltd.
On July 18, 2016, Chinatex and COFCO Group held a strategic restructuring meeting to integrate Chinatex into COFCO as a wholly-owned subsidiary of COFCO, with cotton as one of COFCOs four main businesses (grain, oil, sugar and cotton).
In July 2013, the State-owned Assets Supervision and Administration Commission of the State Council honoured Chinatex and other ten companies with “Enterprise Award for Management Progress”.
On June 28, 2012, China Textile Groups Industrial Park was laid.
In May 2011, Chinatex held a working meeting to form the board of directors, formally started the work.
On October 14, 2010, the 10th China International Exhibition on Grain and Oil Products and Equipment Technology opened in Ningbo. China Textile Group participated in the first exhibition as a central grain enterprise.
In November 2009, China National Textiles Corporation was listed as one of the four central grain enterprises by the National Development and Reform Commission, the Ministry of Finance, the State Grain Bureau and the China Agricultural Development Bank.
On November 29, 2008, the companys Shandong Rizhao Zhongfang Grain and Oil “Zhongfang Station” came. The “China Textile Station” was officially opened. The first train after the construction of the factory slowly came, marking the full implementation of the Groups Rizhao logistics project.
On September 16, 2007, the State-owned Assets Supervision and Administration Commission of the State Council approved the companys main business as the research and development and production of textile raw materials, textiles, oil trading and logistics and related products.
On May 11, 2005, approved by the State-owned Assets Supervision and Administration Commission of the State Council and the State Administration for Industry and Commerce, China Textile Corporation changed its name to China National Textile Corporation since May 11, 2005.