With the completion of altering majority stockholder of Textile City, its opening price hardened when it re-begins. After protocol, state controlled enterprise Shaoxing County China Textile City Market Development and Management Co., Ltd purchased some interest from Zhejiang Jinggong Holdings which caused the owner altering of Textile City, and it means good news in the investors’ eyes in the second market of stock market. 　　 Up till 2008 October, the total share capital of Textile City is 618,776,181 with the share holders of 62,965, among which Zhejiang Jinggong Holdings owns 161,598,909 ( selling allowed floating stock) accounting for 26.12%, and is the first big majority shareholder. 　　 After the complete discussion, Shaoxing County China Textile City Market Development and Management Co., Ltd purchased some “Textile City” stock from Zhejiang Jinggong Holdings, with the quantity of 96,800,000 shares accounting for 15.64% and then to be the biggest stockholder. Zhejiang Jinggong Holdings owns 64,800,000shares accounting for 10.4% in total share capital and be the second shareholder. 　　 State controlled enterprise purchased some stock of “Textile City” and be the majority shareholder, it will bring many positive meaning and important effect including, strengthening the initiative of government in the market development, increasing the regulation and control of government to professional market, favoring integrating market base resources, improving market comprehensive power, making for reforming of market financing system, broadening financing channels and upgrading employment of capital, in addition, it is also helpful for accelerating second task begin of Textile City and building Keqiao into an international capital of textile and walking a upgrade road.