Changshan proposed to adjust high-grade fabric items

In order to adapt to changes in the market, Shijiazhuang Changshan Textile Co., Ltd. recently announced that it plans to adjust the investment content of high-end fabric projects. This will help improve the investment benefits of Changshan Textile to raise funds to promote the company's long-term development. The announcement said that due to the financial crisis and other effects, the company decided to compress the first phase of a new part of equipment investment 580 million yuan, will raise funds for the development of high-grade multi-component fiber fabric projects, high-end textile product development and production technology transformation project implementation site Will be changed to Zhengding Changshan Textile Industrial Park. After the adjustment of investment projects, the total investment in Phase I project will still be 1.42 billion yuan, the construction scale will be 200,000 ring spindles and 806 shuttleless looms, of which 80,000 new spindles and 500 jet looms will be raised , Eliminated 15,000 outdated spindles, relocated and upgraded 120,000 spindles and 306 shuttleless looms.