In the past few days, Zhejiang Jinmian Textile Co., Ltd. located in Jinhua Industrial Park has presented a busy scene, and the spinning workers work overtime to produce.
General Manager Zhang Xiaohe was happy and worried. He was pleased that this year’s company’s order “blowout” was overwhelming. The worry was that the textiles were in short supply and the production capacity after the relocation was not fully utilized.
As a restructuring enterprise in our city, “Jinmian” was once in trouble. Due to the aging of the product structure, the company's low-level and low-level competition, the operating efficiency has gone from bad to worse. Zhang Xiaohe realized that it would be very difficult to complete the structural adjustment by relying solely on the strength of the enterprise itself, and thus thought of the introduction and reorganization. The current controlling party, Hong Kong Huafu Group, was originally a cooperative customer of “Jin Mian”. It is ranked among the top 20 in China's cotton textile industry and the top 500 in China. It is the largest color spinning yarn leader in Asia. In 2004, the two parties signed a contract with Huafu Group to hold “Golden Cotton” and started operations last year. The Huafu Group intervened to enable the “Golden Cotton” to successfully complete the technical transformation and overall relocation.
"For Huafu Group, 'Jinmian' is a good production base, and 'Jinmian' is in the Huafu Group's strong strength in the industry and sales network at home and abroad." Zhang Xiaohe said that "Jinmian" finally found a partner with strong strength and also won a vitality for itself.
After the technical transformation "Golden Cotton" eliminated 80% of the old equipment, the main products from the middle and low-end chemical fiber color spinning to high-grade pure cotton blended colored yarn, the capacity increased from 40,000 spindles to 50,000 spindles. At present, several production lines can produce more than 30 different varieties at the same time, with 25 orders per day, forming a pattern of “multi-variety, less batch, fast delivery”. The market's ability to adapt is greatly enhanced. This year's sales are expected to be from the original. 120 million yuan has grown to more than 180 million yuan.

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