Recently, the foundation-laying ceremony for Qingdao textile fabric industry base & Qingdao Fanglian Yinglong Textile Co.,Ltd is held in Jiaozhou. The base be established and put into production can absorb 7000 labor force, realize annual sale RMB0.3billion. The annual sale of Qingdao Fanglian Yinglong Textile Co.,Ltd --the key item of Qingdao textile& fabric industry base can reach over RMB0.6billion.
The secretary general of China Cotton Textile Trade Association Zhu Beina, vice-mayor Wu jingjian present the foundation laying ceremony.
It is introduced by the principle of Qingdao textile head office that the foundation of Qingdao textile fabric is located in Jiaodong town, Jiao Zhou city. As the important part of Qinghai textile industry strategy "Retreat from downtown and enter into garden, adjust and recompose", this base will invest RMB1billion to build aggregative industry estate have definite scale and complete sets of equipment.
Qingdao Fanglian Yinglong Textile Co.,Ltd , the cored item of Qingdao textile &fabric industry base, plan to invest RMB 0.6billion and put 120 whiffing loom into production, the anticipated annual sale RMB0.16billion, profit over RMB20milion. On December of 2007 when the item is established, the company will be able to product 12000ton yarn and 50million meters cloth annually with 0.1million spindles and 600 whiffing looms.
