# Qingdao Sinotex E-Commerce Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/qingdao-sinotex-e-commerce-co

- Industry: Consumer Products
- Headquarters: Qingdao, China
- Website: www.sinotex.cn
- Latest round: Series A (Oct 11, 2015)
- Investors on record: 1

## About

Established in 2013 and based in Qingdao, China. Qingdao Sinotex E-Commerce Co., Ltd. operates as a B2B trading services company that focuses on textile raw materials B2B trading services. It was recognized as the National High-tech Enterprise in 2018. In October 2015, Qingdao Sinotex E-Commerce Co., Ltd. closed a series A funding from new investor Guotou Dongxing.

Qingdao Sinotex E-Commerce Co., Ltd.'s main business is textile raw materials B2B trading services. It has the textile raw materials e-commerce trading platform sinotex. The platform adopts the mode of collection and direct sales for the upstream and downstream users of the textile industry to provide supply chain solutions. It also provides yarn trading services with imported yarns, Xinjiang yarns, the mainland yarns. Its products include weaving yarns, knitting yarns, and general carding yarns. The platform also provides information on exhibitions, equipment, raw materials, and prices in the textile industry.

## Funding rounds

- Series A, Oct 11, 2015 — Guotou Houyuan Investment Management

## Investors

- Guotou Houyuan Investment Management (https://capitalatlas.ai/funds/guotou-houyuan-investment-management) — Series A