With CNY 600 million invested by investors from Hebei Province, Chen´s Textile Technology Enterprise Co., Ltd. broke ground in Shuyang, Jiangsu Province.

The project is designed for producing high-grade fabric for home-textiles. After it is completed, it will become one of a few vertically-integrated enterprises in China from texturing to spinning and weaving down to dyeing and finishing. It is expected to produce annually 200 million meters of fabric, an industrial output of CNY 1.5 billion and pre-tax profit of CNY 35 million.

Source: China Textile Leader