Representatives of Jiangsu Xinlin International Trade Co and Gangzha District Charity Federation hold a founding ceremony for a charitable foundation targeting local people with financial difficulties, Feb 28. [Photo/ntgz.gov.cn]

Jiangsu Xinlin International Trade Co based in Gangzha district, Nantong city, donated 2 million yuan ($298,404) to a charitable foundation targeting local people with financial difficulties on Feb 28. 

The foundation was established by the company together with Gangzha District Charity Federation the same day. 

Operating more than 10 garment processing and exporting subsidiaries, the firm is involved in all aspects of the clothing business. It has previously reported total annual sales of 1.5 billion yuan.