中非棉业发展有限公司是中非发展基金、青岛汇富纺织有限公司、青岛瑞昌棉业有限公司共同出资在香港注册成立的有限公司，总投资6472万美元，并以其为母公司，投资控股非洲多个国家的棉花项目。其中包括棉花种子研发、棉花种植及收购加工、纺纱、食用油生产等。是目前一家在非洲直接种植、收购、加工棉花的中国企业。
CHINA-AFRICA COTTON DEVELOPMENT LIMITED IS A COMPANY REGISTERED IN HONGKONG,CAPTALIZED BY CHINA-AFRICA DEVELOPMENT FUND,QINGDAO HUIFU TEXTILE CO.,LTD AND QINGDAO RUICHANG COTTON INDUSTRIAL CO.,LTED WITH TOTAL CAPTAL OF 34.72 MILLION US DOLLARD.CACD WORKS AS A HOLDING COMPANY TO INEST COTTON PROJECTS SUCH AS COTTON SEED BREEDING RESEARCH ,COTTON GROWING,SEED COTTON PROCESSING,SPINNING AND COOKING OIL ECT IN AFRICAN COUNTRIES.MOREOVER,CACD IS THE ONLY CHINESE COMPANY DIRECTLY INVOLVED IN COTTON GROWING,SEED COTTON BUYING AND PROCESSING IN AFRICAN COTINENT.