Ningxia Hengfeng Textile Company Joins The New Silk Road Industrial Alliance

In September 12th, " Plug up New Silk Road "2014 national network media Ningxia line interview group Reporters approached Ningxia Hengfeng textile Polytron Technologies Inc. Reporters learned that at present, the company has joined the new silk road industry alliance, further strengthening the economic and trade cooperation between Ningxia and Central Asian and Middle East countries.

Ningxia Hengfeng textile Polytron Technologies Inc is located in the two phase of the wool textile zone in Litong District. It is a Limited by Share Ltd invested by Shandong Hengfeng group in Ningxia, Dezhou. The products are high-grade combed cotton, cashmere, wool, bamboo, hemp fiber blended yarn, Muslim clothing, Muslim supplies and so on. The company plans to invest 2 billion 530 million yuan in 5 years to build high-end spinning with an annual output of 400 thousand spindles, and deep processing of Muslim clothing and accessories. Muslim Items such as deep processing.

The total investment of the first phase of the project is 1 billion 30 million yuan, covering an area of 279 mu, with an annual output of 400 thousand spindles and Siro precision spinning. The project phase two covers an area of 252 mu, and plans to invest 1 billion 500 million yuan to build various items such as dyeing and finishing, yarn dyed fabrics, deep processing of Muslim clothing and clothing, and deep processing of Muslim products. After the completion of the project, the annual output value will exceed 6 billion yuan, and more than 7000 people will be employed to help promote the development of light textile industry in Litong District.

Li Tong District Bureau of industry and Commerce Director Zhang Kening said that the new Silk Road Industrial Alliance headquarters is located in Wuzhong. It is based on Ningxia Hengfeng group as the core enterprise, and Ningxia national costume enterprise as the backbone. It is linked with the excellent raw materials, yarns, fabrics and clothing enterprises of various regions in China to form a new silk road industry alliance.

Reporters learned that the company signed in early May, started construction in June, installed equipment in October, and put into production in December. The investment negotiation took 40 days, and the project construction took only 120 days. The "Hengfeng speed" created has become a miracle in the construction of Litong District.