Yu Ren: Common Development With Traditional Industries

With computerized flat knitting machine

Last year, with the outstanding performance of annual sales of over 16000 units, the company has won the "double crown" throne of the first and first sales volume of the global flat knitting machine for China's domestic horizontal knitting enterprises.

In the first half of this year, the company completed its industrial output value of 1 billion 100 million yuan and doubled its production and sales.

As a manufacturer of mechanical equipment at the front of the industrial chain, "the traditional industries such as knitted sweaters with all-round services" are the driving force for the rapid development of Yu people.

In the view of Sun Pingfan, chairman of the company, Yu man stepped on the time window of the domestic sweater industry pformation and grasped the development opportunities brought by the upgrading of traditional industries.

More than 20 years ago, the prosperity of Cixi Baisha knitting Market enabled Sun Pingfan to enter the field of hand-held flat knitting machine.

However, the diversification of market demand makes the traditional hand-held machine encounter a technical bottleneck which is difficult to break through.

Foreign computerized flat knitting machines began to enter the domestic market at the end of last century.

However, a foreign computer flat knitting machine, whose productivity is more than 10 times higher than that of a hand-held machine, is equivalent to 500 hand-held machines, making many traditional enterprises dare not to do anything.

In 2003, Sun Pingfan resolutely abandoned the production of handcrank, set up Yu Ren knitting machinery company, and accumulated all his years of operation into the development and production of computerized flat knitting machine.

From the first more than 300 days and nights of the initial research and development, and now holding more than 30 national patents, the Cixing computer flat knitting machine has finally been recognized by the market, and has become the first choice for upgrading the upgrading of equipment in the traditional knitting clothing enterprises in China.

Invested about 10 million US dollars to establish a R & D sales center in Switzerland and build a textile science and technology park with ITEMA company in Italy.

In May of this year, Yu completed the acquisition of the third international computer flat knitting machines, the Swiss Stanger group and its Italy fashion design center and Stanger Shanghai Textile Machinery Co., Ltd., and so on, so as to accelerate the layout of the international strategy.

"After the acquisition, the company will take advantage of Stanger's technology, global marketing network and Yu Ren's domestic production cost advantages to implement external expansion and industry mergers."

Sun Pingfan said, we will introduce foreign wool yarn composition, manufacturing technology research and design and development technology, so that the machine's production design function is stronger, better for domestic knitting sweater industry, and common development with traditional enterprises.