China'S National Textile Industry Asset Restructuring Pformation Refused To Wear New Shoes To Take The Old Road

Chinese nation

The living specimen of industry -- nearly 100 years old

Yu Dahua Group is facing a great turning point.

Recently, the Wuhan industrial holding group responsible person confirmed that the group's holdings of Yu Dahua Group, Jiangnan Industrial Group and other state-owned textile enterprises in Wuhan to carry out asset restructuring, merged into Wuhan Yu Dahua textile.

Group.

Another two old textile factories in the city, namely, cotton and glacier, will be merged into Xinyu Dahua Group after they have been approved and restructured.

Yu Dahua, director of the textile and Garment Group of Wan Youshun, said that the group has just obtained a business license and has begun to study the pformation and development of the textile industry in the future.

Yu Dahua Group, the predecessor of Wuchang Yuhua cotton mill founded in 1919, has witnessed the vicissitudes of the past hundred years and has become a historical witness of the national textile industry.

Other enterprises involved in the reorganization also have a long history. Jiangnan industrial group was formerly the second cotton mill in Wuhan, and a cotton city was born in the 50s of last century.

Glaciers have also been on the market for decades.

Why do 4 textile enterprises hold together? Wan Shun said: "domestic cotton spinning enterprises have huge capacity, such as spindles with 130 million spindles.

In recent years, foreign demand is not strong, domestic market is limited, and the cotton textile market is red sea.

Some of the four enterprises in Wuhan are overlapped.

Only by holding together to keep warm can we get rid of low level competition and re carry the banner of Wuhan's textile industry.

Wan Shun said that the new group is not simply a cumulative accumulation of capacity of old enterprises, but will not wear new shoes to take the old road.

In order to pform and upgrade the new group, we must first optimize the production structure.

The surplus production capacity is pferred to the field. The Wuhan production base mainly focuses on high-end textile manufacturing, such as jacquard fabrics, automotive interior fabrics and industrial fabrics.

At the same time, we should develop modern textile service and terminal textile fashion industry.

"The traditional textile business should extend to the back end of the industrial chain and the high-end of the value chain, such as the construction of the Wuhan fashion center in Jianghan District, the Wuhan fashion brand, and strive to become the most influential fashion center in the central region and the international and domestic fashion exchange platform.

By 2020, Xinyu Dahua Group plans to earn 2 billion 600 million yuan annually, more than double the total income of 4 enterprises.