A Thread Weaves A Dream! Yancheng Fuhui Textile Capacity Expansion And Sales Strive To Break 1 Billion

Since the beginning of this year, Yancheng Fuhui Textile Co., Ltd. has made simultaneous efforts in four initiatives, namely, equipment upgrading, new product development, technological innovation and market development. The core competitiveness of enterprises has been continuously enhanced, and the development of high quality has entered the fast lane. The sales revenue of the company has increased by 10% at an annual rate, and this year, the sales of billing are expected to exceed 1 billion yuan.

Yancheng Fuhui Textile Co., Ltd. is a Affiliated Companies of China Futian industries (Group) Limited holding by China Textile Group. It mainly produces all kinds of knitted fabrics, including weaving, dyeing and finishing, and its products are sold to more than 40 countries and regions in the world.

　　 The company was established in 2007 with a registered capital of 60 million 500 thousand US dollars, covering an area of 556 mu. The first phase will invest about 50 million US dollars, with an annual production capacity of 23 thousand tons of knitted fabrics. The two phase expansion project will have a total investment of 350 million yuan, and build a highly intelligent production workshop. It will be put into use in 2020, and the capacity will reach 45 thousand tons after the completion of the project.

Fuhui textile has always attached great importance to the introduction of high-end talents. Yu Jianming, a textile doctor from Hong Kong Polytech University, has set up a R & D team and invested heavily in research and development of new products.

　　 Companies firmly believe that the introduction of a talent is equivalent to the introduction of a new technology, new achievements and new management methods. High level talents like Yu Jianming not only bring new ideas and ways of thinking to enterprises, but also play a decisive role in optimizing product structure, broadening scientific research ideas and breaking through key technologies.

　　 Up to now, the company has obtained 29 national patents, including 14 invention patents and 15 patent applications. At the beginning of this year, it was recognized as a state-level high-tech enterprise. It was also recognized by Yancheng City as a three-star enterprise in the whole city, and was awarded the high quality development contribution award of the whole region.