Zhongfang Yangwang Industrial Co., Ltd. is a wholly-owned subsidiary of China Textile Investment, established in 1999, with a registered capital of 38 million yuan, mainly engaged in the production and operation of cashmere and cashmere blended series of textile products with various components. The company has all kinds of advanced cashmere production equipment imported from Japanese, Italian, Taiwan Province and other countries and regions, forming a one-stop production line from dyeing, spinning, weaving to finishing. The company has also established a strict quality inspection control system, with world-class testing methods. In 2006, Baotou Zhongfang Yangwang Industrial Co., Ltd. and Hong Kong Sihong (Group) Co., Ltd. jointly invested in the establishment of Zhongfang Sihong Cashmere Products Co., Ltd., giving full play to the advantages of Baotou Yangwang's production management and Sihong's international marketing network, and greatly enhancing its competitiveness in the international and domestic markets. "Goat King" brand products have become well-known brands in cashmere industry. Products are exported to the United States, Japan, Switzerland, South Korea, Nepal, Hong Kong and other countries and regions. The company increased investment in science and technology, accelerated the pace of innovation, and devoted itself to the research, development, production and sales of special fibers and their products and differential fibers. It has formed an annual production capacity of 500 tons of high-strength PE fiber, 200 tons of high-strength PE fiber products, 6,000 tons of polyester monofilaments, 6,000 tons of nylon monofilaments and 30,000 tons of polyester and nylon differential fiber multifilaments.
Beijing Tongyizhong Special Fiber Technology Development Co., Ltd., a wholly-owned subsidiary of the company, was established in 1999 with a registered capital of 80 million yuan, mainly engaged in research and development, production and sales of high-tech special fibers and downstream products. High strength and high modulus polyethylene fiber with independent intellectual property rights is a national key development project. It is a high-tech functional fiber variety that few countries and enterprises in the world are capable of producing. It is one of the fiber varieties with the best mechanical properties in the world, and is widely used in aerospace, bulletproof protection, ocean engineering, offshore fishing, sporting goods and other fields. Through several years' efforts, the company's special fiber industry has developed rapidly, with an annual output of 500 tons of high-strength PE fiber and 200 tons of high-strength PE fiber products. The single-thread yield, performance and quality of high-strength PE fiber are among the highest in China, and 60% of its products are exported. The company will gradually build a high-strength PE fiber industrial base, and special fibers and their products will become the core business of China Textile Investment.
Wuxi Huayan Chemical Fiber Co., Ltd., a wholly-owned subsidiary of the company, was established in 1988 with a registered capital of1320,000 yuan. Its basic project is nylon 6 monofilament production line, which is the first in China and fills the gap. The company always insists on giving full play to its advantages in production technology, management mechanism, R&D, marketing and product brand, vigorously enhances the core competitiveness of the company's chemical fiber industry, reduces operating costs, realizes the construction of the leading brand of chemical fiber business, and expands the company's chemical fiber monofilament production capacity. It has formed a differentiated fiber production capacity of 6000 tons/year for polyester monofilament, 6000 tons/year for nylon monofilament and 30000 tons/year for polyester and nylon multifilament. It is the largest manufacturer of nylon and polyester monofilament in China, and its product quality enjoys a high reputation in the industry. The company has always adhered to the development of differentiated fiber products with high technology content and high added value, and gradually established an industrial production and research base of differentiated fiber with monofilament as the leading product direction and other varieties of differentiated fiber as the supplement, covering an area of about 15 hectare. After years of training, China Textile Investment Corporation has formed a research and development team of new chemical materials with doctoral and master graduates from famous domestic universities as the main body, and has a production technology and management team with many years of experience in research and development and production. Formed a thermoplastic elastomer with an annual output of 3000 tons. Product quality enjoys a high reputation in China, and its business has developed very rapidly.
China Textile has established a domestic first-class research and development center for new synthetic materials in Shanghai. The R&D Center has devoted itself to the research and industrialization of new materials for many years, focusing on the development and production of thermoplastic elastomers. It has successfully developed and produced thermoplastic polyester elastomer (TPEE), thermoplastic rubber elastomer (TPR), polyurethane elastomer (TPU) and thermoplastic dynamic vulcanized rubber elastomer (TPV). According to the different use requirements of customers, the products have formed a complete brand series, and obtained three national patents with the registered trademark of "Tan Long". The production capacity of thermoplastic elastomer is 3,000 tons/year, and its products have been widely used in automobile industry, fluid transportation, electronics and electricity, wires and cables, optical cables, hardware tools, handles, sporting goods, furniture and other potential industries, with very broad prospects. Thermoplastic elastomer business will become a new benefit growth point for China Textile Investment. Through continuous innovation and exploration of business models, the company has embarked on a road of self-development, and providing textile raw material solutions for the textile industry is the company's business strategic positioning. The company has gradually formed a business pattern of wool spinning, cotton spinning and service trade, with annual sales of various chemical fiber products and raw materials such as wool spinning, cotton spinning and new cellulose fiber 1.8 million tons. It has a strong production and R&D team, provides technical support for our customers, and has established a global market sales network. The company has cooperated with Australia, New Zealand, South America, South Africa, Britain, France, Italy, Japan and South Korea.
Shanghai China Textile Products Development Co., Ltd., a wholly-owned subsidiary of the company, was established in 1994 with a registered capital of 20 million yuan. Its main business is the import and export, bonded trade, logistics and distribution of textile raw materials, worsted yarns and cotton yarns. The company's logistics business is positioned as a professional textile raw material logistics provider. In Shanghai Waigaoqiao Free Trade Zone, China Textile Bonded Warehouse and Baoshan Taihe Road China Textile Warehouse with strict management standards and first-class facilities have been set up. With a professional team, many years of industry experience and advanced management system, we can provide one-stop services such as import and export agency, port customs clearance, bonded distribution, import and export agency, domestic warehousing, logistics distribution, remote inquiry, warehouse receipt mortgage and tax payment.
Shanghai Fangtong Logistics Development Co., Ltd. is a wholly-owned subsidiary of China Textile Investment Development Co., Ltd., which was established in 2003 with a registered capital of 5 million yuan. It is mainly engaged in import and export agency, customs declaration, bonded distribution, domestic warehousing and distribution of textile raw materials such as cotton, wool and chemical fiber. It has jurisdiction over bonded warehouse of China Textile in Waigaoqiao Free Trade Zone, warehouse of China Textile in Taihe Road, Baoshan and specialized freight and customs declaration agencies, with distribution centers in Jiangyin, Jiangsu, Jiaxing, Zhejiang, Taishan, Guangdong, Nanhai and Tianjin.