Jiangsu Sainty Corporation Limited is a Chinese listed company based in Nanjing, Jiangsu Province. The company exported clothes to overseas.[4]
Jiangsu Sainty was majority owned by Jiangsu Sainty International Group. However, it was merged with fellow state-owned Jiangsu Guoxin Investment Group in 2010, becoming an intermediate holding company.
History
Jiangsu Sainty Corporation Limited was incorporated in 1993 as a "company limited by shares" (similar to public limited company), by transforming a state-owned enterprise namely 江苏省服装进出口（集团）公司 ( literally Jiangsu Province Garments Import & Export (Group) Corporation).[1] At that time employee owned a minority stake of the new legal person.[1] In December 1996, a new intermediate holding company, Jiangsu Sainty International Group was formed.[1] In the next year Jiangsu Garments Import & Export Co., Ltd. was renamed to [Jiangsu] '''Sainty International Group Jiangsu Garments Imp. & Exp. Co., Ltd.''' .