The Investment Is 6 Billion, The Annual Output Is 100 Thousand Tons.

Recently, China Hi-Tech Group Corporation signed a strategic cooperation framework agreement with Shandong Hongtai Dingxin Mstar Technology Ltd. It is reported that Shandong Hongtai Ding business is Lesel short fiber production and sales, will invest 6 billion yuan in the Xiajin County Economic Development Zone Planning, construction of an annual output of 300 thousand tons of Lesel fiber project. The project is implemented in three phases. At present, an annual production of 100 thousand tons of the project is currently being implemented. It is planned to be put into operation at the end of 2020.

Xiajin county is famous for planting cotton, and its textile industry is its traditional advantage and economic pillar industry. The county involved 197 cotton enterprises, the total spinning Scale total 2 million 200 thousand spindles, annual output of cloth 90 million meters, clothing 30 million sets, Home Textiles sewing products 5 million pieces, has won the "China Cotton Textile City", "China textile product quality assured county" and other honorary titles, "Xiajin yarn" has been selected as the "national textile industry innovation demonstration cluster".

The signing of the contract is conducive to complementing each other's resources and building a model of cooperation between central enterprises and local governments, so as to achieve common development and mutual benefit.