YOUNGOR Builds New Industry Science And Technology Park Project

　 Recently, YOUNGOR group and the Shengzhou municipal government held the signing ceremony of YOUNGOR emerging industry science and Technology Park project. Vice governor Jin Deshui, chairman of YOUNGOR group Limited by Share Ltd, Li Rucheng, Shaoxing leader Che Xiaoduan, Chen Yueliang, Wang Yushu and the main leaders of Shengzhou attended the signing ceremony.

It is understood that the total investment of YOUNGOR emerging industry science and Technology Park project is 3 billion yuan ~50 billion yuan, the site is located in the Shengzhou Economic Development Zone, and a plan and step by step construction is implemented. The project plan is completed in 5~8 years. After the project is put into operation, it is expected to achieve annual sales of 6 billion yuan ~100 billion yuan, annual profit of 500 million yuan ~8 billion yuan, and annual tax revenue of 300 million yuan ~5 billion yuan. The project adopts the most advanced technology and equipment in the world, and will be built as an international first-class textile industry city with independent intellectual property rights and influence. It mainly produces cotton textile, wool textile, knitting, home textiles, hemp garments, accessories, export garments (suits and shirts) and other products. It is reported that the project is the largest industrial investment project in Shengzhou history, and it is also one of the largest domestic and foreign investment projects in Shaoxing in recent years.

YOUNGOR group is a leading enterprise in China's apparel industry. Its comprehensive strength ranks 144th among the top 500 enterprises in the country. It has ranked the top of the total sales and profits in China's apparel industry for the 4 consecutive years. Shengzhou has a very solid foundation for cooperation with YOUNGOR group and has maintained a good cooperative relationship for a long time. YOUNGOR group in Shengzhou in 2008 to invest in Shengzhou YOUNGOR yarn dyed fabric technology Co., Ltd. has produced better results, in 2009, sales of 400 million yuan. YOUNGOR emerging industry science park project is of great significance for further deepening cooperation, promoting transformation and upgrading of Shengzhou garment industry, cultivating leading enterprises and developing independent brands.

Li Rucheng said in an interview with reporters: "YOUNGOR" chose Shengzhou because Shengzhou has a long history and culture and a good investment environment. It is an ideal industrial depression. The first batch of three items of high-grade textile, woolen textiles and hemp garments of YOUNGOR emerging industry science and Technology Park project are the latest high-tech low carbon environmental protection projects, among which hemp clothing technology is the high-tech project pioneered by YOUNGOR, which is in the leading position in the world.

Jin Deshui congratulated on the successful signing of the project, and hoped that Shaoxing and Shengzhou would vigorously develop strategic emerging industries, do well in project services and support cooperation in accordance with the requirements of building and cultivating large platforms, big industries, large enterprises and large enterprises, while promoting the transformation and upgrading of traditional industries, so as to ensure early completion of the project and achieve early results and strive for win-win cooperation.