Overseas Expansion Of Ramie Textile Enterprises

The reporter understands, at present, the profit level of domestic hemp textile enterprises is gradually improving.

Xu Jixiang, President of China's Linen Textile Industry Association, said: "in 2014, the total volume of main business income of the National Textile Enterprises above Designated Size reached 50 billion yuan or more, and the export of linen textile products and garments, etc., increased by 25 billion or more. The market share of domestic demand increased by 6% or more over the previous year, and the total profit was 3 billion yuan or more.

Per capita wages increase by more than 10% and above, and investment in fixed assets is more than 12 billion yuan and above.

Insiders pointed out that in the face of the increasingly mature domestic market, China's Hemp textile enterprises are expanding their capacity overseas to realize the upgrading of enterprise structure.

In April this year, JINDA Holdings Limited was located in third production bases in Haiyan County, Zhejiang Province, which has been successfully put into operation, with an annual capacity of 5000 tons and annual capacity.

It will reach 18000 tons.

The launch of the new base will better serve the customers both at home and abroad, and help the group to fully grasp the market demand and expand the market share, thereby contributing positively to the group's revenue growth.

"At present, the company has enough orders, and the supply contract signed with domestic and overseas customers has reached the end of 2014.

The company has made decisions on expansion, on the one hand, to meet the market demand for high-quality linen yarns, and on the other hand, lay a solid foundation for future development.

Ren Weiming, chairman of JINDA Holdings Limited.

It is understood that in July of this year, Jin Da (Ethiopia) linen Co., Ltd., invested by JINDA Holdings Limited, signed an investment agreement with the Ministry of industry of the Federal Democratic Republic of Ethiopia, and agreed to develop and build a world-class flax Industrial Park. The first project has an annual capacity of 5000 tons of flax yarn.

The first phase investment of the project is US $50 million.

This is the largest overseas investment of private enterprises in Haiyan County, Zhejiang province.

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Ren Weiming introduced the establishment of the JINDA flax Industrial Park project, on the one hand, under the guidance of the national strategy of "going out", in order to deal with trade barriers, enjoy tariff preferences, bring into play the cost advantages, realize the upgrading and adjustment of the enterprise structure, promote the strategic pfer of excess capacity of domestic enterprises, enhance the international competitiveness, and enable the textile industry to achieve sustainable development.

Like JINDA holdings, facing the optimistic international market, Yanshou County Heilongjiang Jiaxin Linen Textile Co., Ltd. has also chosen to expand its capacity.

At the end of 2013, Yanshou County Heilongjiang Jiaxin Flax Textile Co., Ltd. signed a "new ten thousand flax textile project". At present, the project is still under preparation.

It is understood that the total investment of the project is 150 million yuan, and it is expected to produce 2000 tons of flax yarn annually after commissioning. The output value will be 100 million yuan and the tax will be 10 million yuan. After the completion of the project, the project will play a positive role in opening up the domestic and foreign markets.