Textile and Apparel
Weiqiao Textile Company Limited Introduction to the Project of
Introducing Air-Jet Loom to Produce Decorative High Quality Broad Width Jacquard Home Textile Facing Materials
I. Enterprise Profile
Shandong Weiqiao Textile Company Limited is located in Zouping Economic Development Zone. It is a super-large enterprise that has 160 thousand employees, with the total investment amount to 41 billion yuan. The businesses of the company include textile, dyeing and finishing, costume, home textiles, thermoelectricity, aluminium oxide, electrolytic aluminium and advanced processing of aluminium. The sales income of the enterprise in 2007 was 66.56 billion yuan and the profit tax was 8.42 billion yuan.
II. Construction Scale and the Main Construction Contents
This project will introduce 1600 sets of air-jet loom, 596 sets of warper, warp tying machines, slasher, jacquard and air compressor as well as 114 sets of corresponding auxiliary equipment made in China. The annual output of high quality home textile facing material will be 90 million meters.
III. Construction Conditions of the Project
All the construction conditions such as transportation, water, power, natural gas, communication and so on have been satisfied.
IV. Progress of the Prophase Work of the Project
The prophase work of the project such as land, environmental assessment, project examination and approval and so on have been completed.
V. Market Analysis
As an important part of home textile products, it is necessary for super-broad width decorative fabric to develop to broad width fabric which combines objective demand and the increasing of economic benefits from all the respects. Aimed at the market, the project will develop and product various high quality broad width jacquard fabric decorative home textile facing materials. The products will be characterized by high grade and high added value. Therefore, the market prospect is sure to be very bright.
VI. Investment Estimation and Capital Source
The overall investment of the project is 1.48921 billion yuan, in which 1.40526 billion yuan will be fixed assets investment. Fund raising of the project: self-raised fund: 689.21 million yuan, foreign fund, 800 million yuan.
VII. Project Benefit Analysis
After the project is put into use, the annual sales income will be 2.17147 billion yuan and the newly increased profit tax can be 418.96 million yuan. The profit to investment rate will be 17.94％ and the investment profit-tax rate will be 24.86％ and the investment payback period (after tax) is about 5.98 years.
VIII. Cooperation Mode
Joint venture or cooperation
Contact person：Bo Qimin
Contact Number：0543-4161111 Fax：0543-4162000
Address Zouping Economic Development Zone，Shandong Province
Website：http：//www.weiqiaocy.com
Brief Introduction of Huanyu Spinning and Weaving Group 135,000 Spindle Niceties Spinning Item
Ⅰ. Enterprise Introduction
Shandong Huanyu Spinning and Weaving Group is founded in1986, covering an area of 1350 million meters and its existing stuff is 6 thousand people. The total assets is 14.5 billion Yuan and fixed assets is 807 million Yuan. In 2007, the group sale income is 1.13 billion Yuan, the profits and taxes is 105 million Yuan, the turning in tax money is 58.23 million Yuan, and export obtaining foreign exchange is 10 million dollars. From 2006 to 2007, the group is continuously recognized as “AAA level Credit Enterprise” by Shandong Branch of China Agriculture Bank. From 2006 to 2007, pure cotton 20S,32S, 40S knitting gauze is evaluated as “The User Trustworthy Product” by Chinese Cotton Manufacturing Profession Association and the Chinese Knitting Industrial association. Pure cotton 60S is evaluated as “the User Trustworthy Excellent Product”. In 2007, the brand of “Luanfeng” combed yarn is evaluated “Chinese Famous Brand”.
Ⅱ. Construction Scale and Main Content
This project is to introduce 62 sets of equipments such as drawing frame, automatic cheese winder, blowing-carding-drawing unit, drawing elaborate comber, close spinning spun yarn machine, two-for-one twister. It is planned to build an area of 60 thousand square meters workshop and the public fundamental facilities. Its annual production capability is producing 13,000 tons upscale spin yarns.
Ⅲ. Construction Conditions
The project is located in Binzhou Huanyu Industry Park.The transportation is convenient,the material is enough,and the general facilities are supportable.
Ⅳ. Earlier Period Work Situation
At present, the earlier formalities are finished and the workshop and public matching facilities have already finished.
Ⅴ. Market Analysis
The project is producing for the emerging scarce upscale clothing lining in home and abroad market, and the demand of important half-finished product is rising. So the project has bright and board market.
Ⅵ. Investment Budget and Capital Source
Its total investment is 393.30 million Yuan, including fix capital is 320.10 million Yuan, and store furnishings floating capital is 73.20 million Yuan. The enterprise self-provides 80 million Yuan, and financing 313.30 million Yuan.
Ⅶ. Benefit Analysis
After the project completed, the annual sale income can be added 47.083 million Yuan, the profit is 87.32 million Yuan, the tax is 28.06 million Yuan and the profit in foreign currency is 17.49 million dollars.
VIII. Cooperation Ways
Joint venture or cooperation.
Contact Parson：Dong Xinhua Tel：0543-3209367
Fax：0543-3201649
Introduction of High Quality Home Textile Fabric of Shandong Hongcheng Home Textile Co., Ltd.
I. Enterprise Profile
Shandong Hongcheng Home Textile Co., Ltd. is a textile company that is listed on the mainboard of Singapore. The total assets of the company is 800 million yuan and its fixed assets is 500 million yuan. 2900 employees are employed by the company. At present, the company has 200 thousand of spinning ingots, 562 sets of broad width air-jet looms and 72 sets of electronic jacquards. The annual production capacity of the company is 9600 tons of cotton yarn and 39 million meters of cotton fabric. In 2006, the sales income of the comapny was 710 million yuan, the profit tax was 64.62 million yuan and the foreign exchange earned was 60 million dollars. In 2007, the sales income was 837 million yuan and the dprofit tax was 68.56 million yuan. The assets to debt ratio is 57%.
II. Construction Scale and the Main Construction Contents
The newly built workshop building will be 215 thousand square meters and the power supplying and water supplying equipment in the economic development zone will be fully used. 286 sets of Air-Jet Loom and the 316 sets of auxiliary equipment will be purchased. The annual output of high quality home textile fabric will be 15.50 million meters.
III. Construction Conditions of the Project
All the construction conditions such as transportation, water, power, natural gas, communication and so on have been satisfied.
IV. Progress of the Prophase Work of the Project
The prophase work of the project such as land, environmental assessment, project examination and approval and so on have been completed.
V. Market Analysis
With the increasing of people’s living standards, the demand to high quality fabrics are also going up year by year. The demand and consumption potentials of fabrics of both the domestic and international markets are very promising and the development space is very vast. According to our forecast, the annual increasing rate of the demand for high quality fabrics will be more than 22%.
VI. Investment Estimation and Capital Source
The overall investment of the project is 190 million yuan, in which 175 million yuan (including 16.70 million dollars of foreign exchange) will be used for newly added fixed assets investment. Fund raising of the project: self-raised fund: 61.11 million yuan, foreign fund, 128.89 million yuan.
VII. Project Benefit Analysis
After the project is put into use, the annual sales income will be 290 million yuan, the newly increased profit tax can be 130 million yuan and 580 positions will be created.
VIII. Cooperation Mode
Joint venture or cooperation
Legal representative：Liu Ming Contact person：Xu Hua
Contact Number：0543-4322145
Address：Zouping Economic Development Zone，Shandong Province
Website：http：//www.hcfz.cn
Brief Introduction of Binzhou Yaguang Towel Co., Ltd. Production Line of Superfine Anti-napping Transfer Printing Towel Item
Ⅰ. Enterprise Introduction
Shandong Binzhou Yaguang Towel Co., Ltd. is a large-scale home textile production enterprise. The company mainly produces each kind of the serious of upscale family use products and turbans. Annual upscale home textile product capability is above 35,000 tons. Its scale and economic target is the first and second in textile industry in the nation. Most of products are exporting to America, Europe, Japan, Australia, Canada and other countries and areas. In 2007, its self-management export obtaining foreign exchange realizes 130 million Yuan. The“Loftax”brand is evaluated as“the Chinese Symbolic Brand”,“the Most Competitive Power Brand in China”,“China Famous Brand”successively. The“Loftax”brand is evaluated as“Chinese Well-known Trademark”by National Industry and commerce Bureau and the products is recognized as“the national exempting from inspection products” by National Quality Testing Bureau.
Ⅱ. Construction Scale and Main Content
The project plans to introduce 163 sets of international advanced equipments, such as jet looms, beam wrapper, sizing machine, decorating machine, overflow dyeing machine, longitudinal joint machine, vertical cut machine, transverse joint machine, air compressor, detect needle machine. Meanwhile some home equipment is purchased. There are 14,688 square meters old factory district and workshop to be changed.
Ⅲ. Condition of Construction
The new project is located at existing factory of Yaguang. All of the public facilities in the factory is well build and it is successful satisfied to the needs of this project.
Ⅳ. Earlier Period Work Situation
It is no need to draft the new land because it is the transformation project of old factory. The feasibility study report has already drawn up.
Ⅴ. Market Analysis
Along with the development of society and technology, people proposed high requests on home use textile besides fashionable, artistic and comfortable. New function textile is emerging quietly, and receives the market and consumer’s favor. The high and new technology textile has become the international textile market competitive spot. This project adapts the international home textile development current, having bright and board market.
Ⅵ. Investment Budget and Capital Source
The total investment amount is 189 million Yuan. There are 59 million Yuan funds raised independently and 130 million Yuan are solved by bank loan.
Ⅶ. Benefits Analysis
The construction period is about two years. When it completed, the produce capacity of superfine anti-napping transfer printing towel is 9850 tons per year，the sales revenue is 453.1 million Yuan annually, the profits and taxes is about 126.86 million Yuan, and may realize export obtaining foreign exchange 46 million dollars. This project has the strong risk resistance capacity and the return on investment period is about 3.5 years.
Ⅷ. Cooperation Ways
joint venture or cooperation.
Contact Person：Liu Haibo Tel：0543-3512878
Fax：0543-3512688 Website：www.loftex.com.cn
E-mail：lhb@loftex.com.cn
Address: No.89, Wutong Six Road of Binbei Town，Bincheng District，Binzhou City，Shandong，China.
Zip Code：256651
Brief Introduction of Zixing(Binzhou) Textile Printing and Dyeing Co.,Ltd.Annual Product 72 million meters Weaving Item
Ⅰ. Enterprise Introduction
Zixing(Binzhou) Textile Printing and Dyeing Co.,Ltd. founded in March 2007 with a registered capital of 2.1 million dollars. Tentative operating period is 20 years. Business: textiles, dyeing and printing products, garment and household textile production.
Ⅱ. Construction Scale and Main Content
There are 2000 new weaving looms and yearly produce capacity is 72 million meters weaving products.
Ⅲ. Condition of Construction
The company is located at the west of Phoenix Six Road and the north of Wutong Nine Road. Fundamental facilities are well completed, such as water, electricity, gas support system, and communication network and traffic transportation. It is suitable for the construction industrial production base.
Ⅳ. Earlier Period Work Situation
So for, all of the project initiating and other formalities have already finished, the rest thing is financing.
Ⅴ. Market Analysis
The company exports more than 90 percent, so the market is bright and broad.
Ⅵ. Investment Budget and Capital Source
The total investment is 120 million Yuan including 25 million Yuan is self-financing and 95 million Yuan will be social financing.
Ⅶ. Benefits Analysis
90 present of products are exporting, so yearly obtaining foreign exchange is more that 25 million Yuan, realizing annual production 260 million Yuan and the profits and taxes above 15 million Yuan. Simultaneously it may employ more than 600 people solving the employment question.
Ⅷ. Cooperation Modes
cooperation or joint venture.
Fax：0543-2292829 2292828（Fax）
Contact Person：Suhua Zip code：256651
Address：Binzhou Zndustrial Park
Shandong Huimin China Resources Textile Co., Ltd. to Introduce Open-end Spinning Project
Ⅰ. Corporate Profile
China Resources Textile Co., Ltd. owning USD 16.09 million registered capital, more than 1,700 staff, 140 various professional and technical staff, with 50,000 ring spinning, 660 various looms, and 25 import Open-end spinning looms, is a subsidiary enterprise of China Resources Textile Group controlled by the Hong Kong China Resources Group. Its annual output of cotton yarn is 12,000 ton and cotton clothes is 15 million meters. It realizes income RMB 240 million, and annual profits RMB 23 million.
Ⅱ. Market Analysis and Building Condition
Currently Open-end spinning and high-ring product sales situation is very optimistic, will be the dominant cotton industry products with higher profit margins in next years. Huimin County has sufficient raw materials, water, electricity and other resources for implementing this project to enlarge the production scale.
Ⅲ. the Scale of Construction and Major Contents
The company will introduce 14 Open-end spinning looms, and purchase an automatic winder, a combing machine, drawing frames and other ancillary facilities such as filter distribution, and air-conditioning.
Ⅳ. Investment Estimate and Funding Sources
The total assessment for the project is USD 10 million, we will invest USD 6 million in the form of providing building factory and infrastructure, and foreign partners should invest USD 9 million in cash or equipment.
Ⅴ. Early Steps
Project has been registered; the land development procedure and the environmental assessment have been completed.
Ⅵ. Benefit Analysis
After the project goes into operation, the annual sales income will increase RMB 200 million, profits will increase RMB 20 million, and provides more than 180 working positions.
Ⅶ. Cooperation
Joint ventures or Cooperative enterprise
Contact：Yang Zengping
General Manager (China Resources Textile Co., Ltd.)
Address：No. 229，Wudingfu Road，Huimin
Phone：+86 543 2138179
Zip Code：251700
Brief Introduction of Binzhou Dragon Apparels Co.,Ltd.Yearly Product 60 million sets Clothing Item
Ⅰ. Enterprise Introduction
Binzhou Dragon Apparels Co.,Ltd. is a large-scale manufacture enterprise containing weaving, printing, the dye printing, embroiders, the ready-made clothing and the family spins, mainly producing each kind of fashionable upscale knitting clothes and cloth. Most of the product is exporting to the Europe and American countries primarily.
Ⅱ. Construction Content and Scale
The main construction workshop is about 150,000 square meters, introducing four production lines and yearly produce capacity is 60 million clothes.
Ⅲ. Condition of Construction
The company is situated in the southern part of Bincheng District, next to the east side of 205 Federal Highways and close to the Yellow River. There is the Third Male Hard Bridge through the Yellow River linking up the south area and north area. So the traffic communication is convenient and the geographical position is superior. Fundamental facilities in this area are well-built, such as the water the electricity, the gas, the warm supply system and so on.
Ⅳ. Earlier Period Work Situation
The documents of land and environmental probed are handling and then the project will be approved and initiated.
Ⅴ. Investment Budget and Capital Source
The total investment is 90 million Yuan including two parts, the first part is 30 million Yuan provided by the enterprise and the second part about 60 million Yuan to be financing by society.
Ⅵ. Benefits Analysis
Most of product will be exporting, and the market prospect is bright and broad.after the company finished, the annual sales revenue will be about 2 billion Yuan and the profits and taxes will be 350 million Yuan. At the same time it can provide 2000 to 5000 employment posts.
Ⅶ. Cooperation Modes
Joint venture or cooperation.
Contact：Yu Chunhua
Address：No.1 of Longteng Three Road in Xiaoying Town，Binzhou City.
Zip code：256623 Tel：0543-2221866 2292600（Fax）
Huimin Jide Textiles Co., Ltd. 3 Million Meters Annually Luxury Home Textile Fabrics Production Line Project
Ⅰ. Corporate Profile
Huimin Jide Textiles Co., Ltd. owns RMB 103,040,000 in fixed asset, 1,600 employees, and takes up an area of 132,797 square meters. The company is one of the leading enterprises in the field of the industrialization of agriculture in Binzhou City with 100,000 spindles and 225 looms.
Ⅱ. Market Analysis and Building Conditions
With the people's living standards rising, consumers’ demand in high-performance textile also has increased annually. So the domestic and international markets have great potential in this field in the future .There are sufficient raw materials, water, electricity and other resources for implementing this project to enlarge the production scale.
Ⅲ. The Scale of Construction and Major Contents
The company will introduce 64 air-jet looms, a sizing machine, an air compressor and other corresponding facilities, to achieve an average annual production of 3 million meters luxury home textile fabrics.
Ⅳ. Investment Estimate and Funding Sources
The total assessment for the project is USD 10 million, we will invest USD 3 million in the form of providing building factory and infrastructure, and foreign partners should invest USD 7 million in cash or equipments.
Ⅴ. Early Steps
Project has been registered; the land development procedure and the environmental assessment have been completed.
Ⅵ. Benefit Analysis
After the project goes into operation，the annual sales income will reach RMB 174,080,000 and profits will reach RMB 13,910,000, and provides more than 300 working positions.
Ⅶ. Cooperation
Joint venture or cooperative enterprise
Contact：Yan Xiudong
General Manager（Huimin Jide Textiles Co., Ltd.）
Address：Huimin Economic Development Zone
Phone：13963093789
Zip Code：251700
Huimin Textile Industry Chain Extension Project
Huimin is the “joint” where the Bohai Sea “ring” economic development zone and the economic belt along the Yellow River intersect, has 4 high class ways and 1 bridge across the Yellow River. Its locational advantage is obviously, one day is enough for traveling fro and back to Beijing, Tianjin, Qingdao and other nearby cities, half an hour is enough for going to Jinan International Airport, ten minutes is enough for arriving at the expressway.
Huimin got the titles of National High-quality Cotton Production base, one of the National Cotton Production 100 counties, national cotton hybrid seed production base. The area of cotton planting is 3,400 hectares; the annual output of lint is 4,000 ton. At present, Huimin has 60 textile enterprises with 1,200,000 spindles and 3000 looms. The annual output of cotton yarn is 150,000 ton, cotton clothes is 200 million meters.
In order to build the cotton production base and apparel processing base, which have more competitiveness in China, we intend to invite foreign investment in the field of printing and dyeing, clothing and bedding, etc.
Huimin contains great potential for development, and we sincerely welcome friends at home or abroad, investing to this beautiful land, joining hands in creating a better tomorrow!
Contact：Zhang Guangyue
Director General（Huimin Trade and Economic Bureau）
Address：No. 1, Fuqian Street, Huimin
Phone：+86 543 5319543
Zip Code：251700