Shandong Ruyi Gives Full Play To Its Unique Advantages To Build An International Fashion Industry Group.

On the morning of April 23rd, China

The founding ceremony of the technology, fashion and creative industries city and the launching ceremony of the 100 billion international fashion industry group were held in Ruyi Industrial Park, Jining, Shandong.

Wang Tiankai, President of the China Federation of textile industry, attended the ceremony of some leaders of Shandong and Jining, leaders of higher institutions at home and abroad, Japan Itochu Commercial Co., Ltd. and representative of Limited Hong Kong Company.

This foundation laying event has a milestone significance for the future development of Ruyi group and even the pformation of domestic textile industry.

President Wang Tiankai and chairman Qiu Yafu jointly launched the foundation laying ceremony.

The total investment of China Ruyi science and technology creative industry city project is 17 billion 500 million yuan, covering an area of 2400 mu, and the overall planning and project cycle is 5 years.

The total investment budget of the technology innovation city project is 10 billion yuan, and it is committed to building the base and center of fashion design, new material research and development, fashion creativity, personnel training, Business Expo and so on.

The investment in high-end textile manufacturing and fiber new material industry is 7 billion 500 million yuan. The project will establish a high-end garment manufacturing base around industrial new materials and high value-added products, and it will achieve an annual revenue of 15 billion yuan.

Referring to the foundation of this project, Qiu Yafu, chairman of Ruyi Shandong, said: "China Ruyi technology, fashion and creative industry city" project will give full play to Ruyi group's wool spinning and cotton printing.

Chain advantage, combined with Kong Meng culture, innovative "politics, production, learning, research, business" mode, to create international technology and fashion creative Silicon Valley.

We have built a world-class technology, fashion and creative industry city to form the overall layout of the leading textile enterprises and institutions of higher learning, research institutes and the cultivation of small and medium-sized enterprises.

{page_break}

Qiu Yafu, chairman of the board, introduced to Wang Tiankai's president a workshop of Ruyi Fang.

At the same time, Qiu Yafu also hopes to promote and promote the development of technology, culture, creativity and business activities in Jining and surrounding areas through this strategic project.

Different from the high profile of real estate, energy and Internet companies, Ruyi has been low-key in Shandong for many years. In fact, it is a large textile and apparel industry group with sales revenue of nearly twenty billion yuan and branches and factories throughout the world.

In 2010, Ruyi successfully acquired the famous Japanese apparel brand operator, Renna Corporation, in 2011, and the capital cooperation with the world's top five hundred Japanese Itochu Commercial Corporation and Samsung products.

Its unique "Ruyi spinning" new spinning technology, yarn fineness has created two of the world's first cotton and wool textiles.

The series of products derived from Ruyi spinning technology have become more and more popular fabrics in the world.

On the vision of enterprises, Qiu yfu told reporters: in the next ten years, Shandong Ruyi will further implement the "going out" development target and increase the global marketing system on the basis of the existing technology and product advantages.

We will continue to improve the raw material base of wool and cotton in Australia, Africa and Xinjiang. Through the capital cooperation with Itochu and Samsung, we will establish more than 100 outlets and offices in the world, create a global marketing network, realize 50 billion yuan of revenue in fashion originality and brand marketing, acquire international mature brand network and develop its own brand network through capital operation, achieve 50 billion yuan of R & D and high-end manufacturing income, thus achieving the leap from textile and garment manufacturers to international 100 billion class fashion industry group based on scientific and technological textiles.