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    2 Billion Investment To Revitalize Guilin'S Old Textile Enterprises

    2011/9/6 15:08:00 41

    Investment In Guilin Textile Enterprises

    On the morning of September 5th, Hongkong

    Yida group

    The signing ceremony of the Guilin group of Yinhai, the core business of Yida (China) Holdings Limited, was held at the rink International Conference Center.

    Liu Jun, mayor of the municipal Party committee and the Standing Committee of the Municipal People's Congress, attended and witnessed the signing ceremony of Li Zhigang.

    Che Ketao, vice chairman and chief executive officer of Yida group, delivered a speech at the signing ceremony of Lu Shengfa, deputy director of the Standing Committee of the Municipal People's Congress, vice mayor Xu Feng and vice chairman Mo Lingling of the CPPCC.


    After more than one year's efforts, Yida group and

    Yinhai group

    Finally, a consensus was reached.

    After regrouping the Yinhai group, the Yida group will invest RMB 2 billion yuan in 3 years or so, and build a new industrial base integrating the group headquarters economy, spinning, weaving, printing and dyeing, clothing and so on in the nine bridge and Suqiao Industrial Park of Guilin. On the basis of maintaining the stability of the original workforce and the normal operation of the yarn factory, it strives to build Yinhai into a modern special spinning factory with a scale of 80 thousand to 100 thousand spindles within 2 to 3 years.

    High end blend

    And functional products.

    Restructuring enterprises will take R & D and sales as the leading role and seek greater development with the international platform of Yida group.

    At the same time, we will break through the concept of traditional industry, build a park that is complementary to Guilin Scenery, and integrate industries and tourism in the industry, and demonstrate the production environment, scientific and technological achievements, artistic design and fashion of the new textile industry, and create a standard for the integration of Guilin industry and tourism.


    "Guilin is a treasure place for investment and entrepreneurship."

    In his speech, Che Ketao said that the development environment of the Guilin business is good. The group will cherish this opportunity, adhering to the concept of sustainable development of the group, and actively introducing advanced green production and environmental protection technology.

    Spare no effort

    Do things well and contribute more to the economic development of Guilin.


    In his speech, Xu Feng said that the reorganization of the two enterprises can complement each other and achieve mutual benefit and win-win situation. We hope that the two sides will take the opportunity to sign the reorganization agreement, push forward the restructuring work, speed up the construction of the new base project, and create a new textile and garment industry in Guilin as soon as possible.


    According to introduction, Hongkong Yida group is a world famous multinational enterprise with vertical industrial chain from cotton planting to garment production. Yida (China) Holding Co., Ltd. is the core enterprise of Hongkong Yida group.

    Guilin Yinhai Textile Group is a comprehensive enterprise group, its core Guilin GUI cotton Limited by Share Ltd is an old textile enterprise, and occupies a place in the domestic textile industry.


     
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