All The Way To Advance The New Man-Made Chemical Fiber

Chemical fiber: on the road of differentiation

Xinmin, Wujiang, Jiangsu

Ltd. is a subsidiary of Jiangsu Xinmin textile Polytron Technologies Inc, a subsidiary of independent legal person. It is located in Shengze, silk Township, located in the textile science and technology demonstration park of Jiangsu Shengze economic development zone.

East to Shanghai, north to Suzhou, Nantong Hangzhou, Sujia Hangzhou high-speed pass through the town, the location is superior, the traffic is very convenient.

In order to further integrate the advantages of resources, extend the industrial chain longitudinally and strengthen the main textile industry, Jiangsu Xinmin textile Polytron Technologies Inc set up the chemical fiber company in March 2003.

Chemical fiber company is located in Shengze town textile technology demonstration garden, Wujiang City, Jiangsu province.

In 2009, the main business income of chemical fiber company exceeded 1 billion yuan.

Xinmin chemical fiber company occupies an area of 266800 square meters. The first phase of the project covers 70000 square meters. The first phase invested 300 million yuan. The project broke ground in May 2003 and the first production line trial production in March 2004. All the production lines were put into operation in July.

The main equipment of the enterprise is imported from Japan. At present, the world's most advanced 8 194 bit spinning production lines are equipped with the largest and most complete differential fiber production equipment and technology in the country at present.

The existing composite spinning production line has 26 locations, and has the most advanced sixteen TMT high-speed winding head in China, with the largest production capacity in Suzhou.

Product positioning avoids the competition with melt direct spinning products. The main products are all kinds of fine denier FDY chemical fiber and island and nylon polyester composite yarn, with an annual output of up to 60 thousand tons.

The company has passed the ISO9001:2000 quality management system certification, relying on Jiangsu Xinmin textile Polytron Technologies Inc's steady development of diversified industries, efficient management and management institutions, high-quality scientific research, technology, management personnel and continuous team building strength. Relying on the never stopping scientific research and development and the spirit of striving to surpass the peak, the pursuit of quality and the business philosophy of good faith cooperation will surely become the first class differentiated fiber production enterprises, and will also be your preferred cooperative development partners.

Wujiang Xinmin Chemical Fiber Co., Ltd. now has 362 imported spinning production lines, 4 barmago Canadian shells, and equipped with the leading differential fiber production equipment and technology in the country, with advanced production equipment, high automation and excellent process performance.

Wujiang Xinmin chemical fiber company is mainly engaged in the production and sale of differential chemical fiber and high-grade fabric. The existing product range includes large gloss, semi dull, high shrinkage silk, full extinction, cationic, island silk,

PTT and other FDY and DTY filaments.

At present, with the annual production capacity of 100 thousand tons of differential fiber production capacity, is one of the largest sliced spinning differential fiber production enterprises.

Relying on the "multi variety, small batch, differentiated" business and product strategy, the product differentiation rate of the chemical fiber spinning business has exceeded 90%.

Products are mainly exported to Jiangsu and Zhejiang provinces and Fujian, Guangdong, Sichuan, Hubei and other provinces, and exported to Brazil, Turkey and other countries.

This year, approved by the China Securities Regulatory Commission on Approving the approval of Jiangsu Xinmin textile Polytron Technologies Inc's non-public development bank stock, the company issued 79629629 shares of RMB common stock to the specific investors on 9 July 2010, issuing a price of RMB 79629629 yuan per share, and the net amount of raising funds is RMB 412949996 yuan.

The above raised funds were all in place in July 19, 2010.

According to the resolution of the general meeting of shareholders in 2009, all of them are used to invest in the first phase of the construction project of the differential fiber polyester filament production line with an annual output of 200 thousand tons.

The first phase of the 200 thousand ton differential fiber polyester filament project has been launched and is basically completed by the beginning of next year.

The production capacity will be fully put into production.

These will make the company's new bright spot and growth point.