Chinatex Investment and Development Co., Ltd. was listed on the Shanghai Stock Exchange in May 1997. The company's abbreviation is: Chinatex Investment; stock code: 600061.
The company is registered in Pudong New Area, Shanghai, with a registered capital of 429 million yuan. At the beginning of its establishment, the company had total assets of 384.4 million yuan and owners' equity of 117.8 million yuan. By the end of 2006, the company's total assets had reached RMB 767 million, with owners' equity of RMB 509 million. It has created wealth for society and shareholders, created development opportunities and platforms for employees, and ranks among the best among listed textile companies in China.
The company controls and participates in Beijing Tongyizhong Special Fiber Technology Development Co., Ltd., Shanghai Chinatex Products Development Co., Ltd., Wuxi Huayan Chemical Fiber Co., Ltd., Baotou Chinatex Goat King Industrial Co., Ltd., and Shanghai Fantong Logistics Development Co., Ltd., Shanghai Salvador Woolen Textile Co., Ltd. and many other companies.
The company has always taken "based on textiles, transcending textiles" as the company's industrial upgrading direction, adheres to R&D and service as the basis, and takes high (technology), new (materials), and special (special fibers) as the company's core values. Product positioning, increasing investment in science and technology, accelerating the pace of innovation, aiming at scale, efficiency and specialization, gradually formed a wool spinning business with special functional fibers as the core and differentiated fibers integrating trade, industry and technology. An industrial layout based on thermoplastic elastomer business as a new profit growth point. The company is mainly engaged in the research and development, production, sales, self-operated and agent import and export business, bonded business, industrial development and investment of special fibers and their products, textile raw materials, new textile materials, textiles, and new chemical materials, as well as related businesses. Technology, consulting, information and other services. After years of business construction, the main products include ultra-high molecular weight polyethylene fiber (high-strength PE fiber) and its products, nylon monofilament, polyester monofilament, nylon multifilament, polyester multifilament, island microfiber, thermoplastic elastomer, wool And cashmere products, etc.
The company has an annual output of 600 tons of high-strength PE fiber, 200 tons of high-strength PE fiber products, 35,000 tons of nylon and polyester filament (including 10,000 tons of monofilament), 3,000 tons of thermoplastic elastomer, and 180 tons of cashmere woolen products. tons, 100 tons of worsted and semi-worsted products, 300,000 pieces of cashmere products, and an annual distribution of 18,000 tons of woolen, cotton, and chemical fiber products. It has established a nationwide sales network, with Japan, the United States, Turkey, India, and South Korea. , Australia, Europe, Hong Kong and other countries and regions have extensive import and export business relationships.
Over the years since its listing, the company has introduced various professional and technical talents, and has built a R&D team composed of PhD and master's degree graduates from famous domestic universities. It has also cooperated with many well-known domestic universities and research institutions. A close cooperative relationship was established. The company has established Chinatex New Synthetic Materials R&D Center in Shanghai, Chinatex Composite Materials R&D Center in Beijing, and Chinatex-Donghua Joint R&D Center in Shanghai in cooperation with Donghua University. The company attaches great importance to new product research and development and strengthens technological advantages, and has obtained a number of patents. The company's "ultra-high molecular weight polyethylene fiber" and "polyether ester elastomer" products with all independent intellectual property rights were included in the 2002 national technological innovation project. It is developing into a high-tech enterprise dominated by high-tech and high-value-added products.