Huafang Group 500 Thousand Spindles Cotton Spinning Project Settled In Henan Xiu Wu
China textile giant
Huafang group
Henan invested 2 billion yuan and equipped with 500 thousand spindles.
Xiu Wu textile
The foundation laying ceremony of the limited company was held in the industrial agglomeration area of Xiu Wu County.
It is reported that this is another important development of Huafang group after its investment in Shandong Xiajin and Xinjiang Shihezi.
Jiaozuo leader Lu Guo Xian, Guo Guoming, Zhao Haiyan, Tian Yuezeng, Hu Xiaoping, Mu Yuhua, Li Zengjian, Xiu Wu county leader, such as late Jun, Chang Hong, Chang Hong, Fu Xi Lou, Lei, Yu, Shi Shuming, Hun, Hun, Hun, Hun, Yuan Xiao Feng, Yu, and Wang, Huafang group leader, HSI, HSI, Hsin, and Xiu Wu County, some municipal and county units directly in charge of the ceremony attended the ceremony.
Shen Hudong, vice secretary and vice president of Huafang group, said that the total investment of Huafang Xiu Wu Textile Co., Ltd. is 2 billion yuan, and the total scale is 500 thousand cotton spinning spindles, which mainly develop and produce all kinds of high-grade combed cotton yarn products.
sales revenue
2 billion 500 million yuan, profits and taxes 300 million yuan.
According to the insiders, Henan is an important cotton producing area and textile base in China, and the potential of developing cotton yarn market is huge.
At present, most of the resource-based traditional industries in the East are facing many problems such as scarce land, energy shortage and rising labor costs. The layout of Huafang group in Henan is good combination of its capital advantages, technological advantages and management advantages with the resource advantages and policy advantages of the central region. It is conducive to the development and construction of the enterprises in the middle and upper reaches of the central region. It is a paragon of complementary advantages and mutual benefits between the East and the central region.
The Huafang group, headquartered in Zhangjiagang, Jiangsu, is a large joint-stock enterprise which is mainly textile and diversified. It is a large national enterprise and a key enterprise group in Jiangsu province.
At present, the group's cotton textile industry ranks second in Asia, and the wool textile dyeing industry ranks among the largest worsted fabric production bases in the world.
It has set up a New Energy Company, and import and export, cotton, five star Huafang Jinling International Hotel, real estate, rural microfinance, investment and other ten major production companies. The group has developed into a large enterprise group with obvious competitive advantages in the textile industry and rapid development in many fields.
In the ranking of the top 2010 Chinese enterprises and the top 500 manufacturing enterprises in China in September 4th, Huafang group ranked 307th and 160th, respectively, with 19 billion 100 million yuan of business revenue.
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