[Zeng Tongchun: China Silk Industry, p. 64. There are also silk factory owners who operate cocoon business. During the visit, according to the introduction of Xiqiao, an old man in Nanhai County, many of the shareholders who founded the silk factory are engaged in cocoon business. Later, seven silk factories were set up in Guanshan, Xiqiao, Nanhai (only a few miles away from the village where Chen Qiyuan founded the silk reeling factory), and among the ten founders recorded, three started the cocoon business first, and then started the silk factory after making a fortune.