High-grade functional fabric May 11, 2021

Jiudai Textile has a comprehensive vertical production capacity of spinning, dyeing, weaving, finishing and garment making. About 60% of its shirt yarn-dyed fabrics, printing and dyeing fabrics, garments and other products are sold to more than 60 countries and regions such as the United States, European Union, Japan, etc. Jiudai Textile has established strategic cooperative relations with well-known brands at home and abroad.At present, the company's yarn-dyed fabric production capacity has accounted for about 18% of the global market of middle and high-end yarn-dyed fabric for shirts.

In April 2020, on the basis of the existing four products of yarn, yarn-dyed fabric, printing and dyeing fabric and shirt, the company will expand to functional fabrics, knitted fabrics and other categories.

The new projects include "Functional Fabrics Intelligent Ecological Park Project (Phase I)" with an annual output of 35 million meters of high-grade functional fabrics and "High-grade Printing and Dying Fabrics Production Line Project" with an annual output of 25 million meters of high-grade printing and dyeing fabrics.

In June 2020, the functional fabric smart ecological park project started the trial production of equipment with materials. By the end of December 2020, the first phase of equipment has been running smoothly, and more than 60 new product series have been jointly developed with customers from Germany, Japan and well-known domestic brands, with the return order rate reaching more than 70%.


The company said that the functional fabric intelligent ecological park, as the key to build new momentum and achieve new development goals of the group, will play an important supporting role for the enterprise to enter the high-end field of the industry, enrich product categories, and enhance the core competitiveness.


Jiudai Textile has been committed to the international industrial layout, in Cambodia, Myanmar, Vietnam and other countries with production bases, in Italy set up a design agency, in the United States, Japan set up market service agencies.


At present, the domestic and overseas fabric production capacity accounts for 85% and 15% respectively, and the capacity utilization rate is 66% and 53% respectively. The domestic production capacity is mainly distributed in Shandong Province, and the overseas production capacity is mainly distributed in Xining Province of Vietnam.

In terms of garment production capacity, the proportion of domestic and overseas production capacity is 47% and 53% respectively, and the capacity utilization rate is 91% and 69% respectively. Domestic production capacity is mainly distributed in Shandong Province, and overseas production capacity is distributed in Angang Province of Vietnam, Chai Trinh Province of Cambodia, and Dilawa Special Economic Zone of Yangon, Myanmar.


The company's wholly-owned subsidiary, Vietnam Lu 'an Garments, invested in the construction of a production line of 3 million pieces in the third phase project and completed the factory building in March this year.

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