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Second Ruyi Sanxia Compact Spinning Textile Technology Project Started

"Let Ruyi happy, so that Wanzhou wishful Deserved" commitment, June 27 in Wanzhou District, Industrial Park, the Son of Heaven Park, proved to be the best. The Three Gorges of concern wishful technical textiles and 500,000 compact spinning projects a production, two starts, thus turning over the Wanzhou District, the development of textile and apparel industry, a new one.

Wang Xiaofeng, director of State Council Three Gorges, Chongqing municipal government consultant Gan Yuping, Chongqing Municipal Committee, Deputy Mayor Huang Qifan, deputy director of the State Council Three Gorges Project Construction Song native, China Federation of Industry, vice chairman of China Guangcai Xie Boyang, vice president of the State Council Three Gorges Project Construction party members of the Zhang Baoxin, Chongqing Municipal Committee, secretary of the WU Zheng Long Wanzhou District, Wanzhou District Mayor LI Shi-kui, the District People's Congress Chairman Liang Xian-yu, chairman of the CPPCC Rao before state District, Shandong Ruyi Technology Group chairman Qiu Yafu and relevant national ministries, the provinces and municipalities, Chongqing level departments and units represented by 50 thousand compact spinning a project commissioned two celebrations begin. Chongqing Mayor Wang Hongju for the project, a production, sent a congratulatory message two starts.

Shandong Ruyi Technology Group Qiuya Fu, chairman of the celebration ceremony, Shandong Ruyi Group, on behalf of the Board of Trustees, on behalf of wishful 30000 employees, to attend the opening ceremony of the leaders at all levels, to care for and support the development of society, Shandong Ruyi Group to express our most sincere friends thanks. Qiuya Fu said that the Three Gorges reservoir area is located in Fuxin technical textiles and settled in Wanzhou land for the construction of the Three Gorges reservoir area and growth of industry in Shandong Ruyi's industrial development is very important.

At present, Chongqing became a municipality 10 years after the time when another major strategic development opportunities: formal approval of the State become a national co-ordinating urban and rural areas of Chongqing comprehensive reform pilot area. Shandong Ruyi Group, will seize this rare opportunity to accelerate the construction of 500,000 compact spinning industrial park project, for the harmonious development of the reservoir area and make due contribution to enterprise.

10:38, all the leaders attending the opening ceremony for the Three Gorges technical textiles wishful 500,000 compact spinning project a production, two ribbon-cutting ceremony started. After the opening ceremony, all the leaders and guests enthusiastically visited the Three Gorges modern large-scale textile workshop.

Background Information:

Shandong Ruyi Group is a large state enterprises, state-level high-tech enterprises, national 520 key enterprises, the textile industry, outstanding contributions in business, top ten economic pillar of the national textile enterprises, the top ten most competitive national textile enterprises, has 16 wholly-owned and holding subsidiaries.

Group total assets of 4 billion yuan, employees 30000 people. In 2006 sales revenue of 5.6 billion, profits of 550 million yuan, total imports and exports 280 million U.S. dollars. Shandong Ruyi Group, to respond positively to the State Council's call for developing the western region to support the building of the Three Gorges reservoir area.

Group's manufacturing industry has a wool tops, worsted wool, rabbit hair yarn, garment, cotton textile, cotton printing and dyeing, knitting, fiber, denim, real estate. Group high-end positioning, quality strategy, the international quality for the development of strategies, planning in 2007 to create an adult income 100 billion worth of major industrial group.

In March 2005, in Beijing by the State Council Three Gorges Project Construction Committee, the China Textile Industry Association, chaired Chongqing Wanzhou District People's Government and Shandong Ruyi Group on "Technical Textile Industry in Chongqing Three Gorges Reservoir Area 50 bases thousand compact spinning project" of the cooperation agreement signed .

500,000 compact spinning industrial park covers an area of 860 acres total, the top 25 thousand compact spinning project has been formally put into operation, the company selected the host equipment, the highest technology content in today's world-class facilities, including the introduction of 30000 thick production line network together the first domestic, which represents the maximum of today's compact spinning technology with the development of international market leading product capabilities required.

It is reported that 500,000 compact spinning projects, investments 1.6 billion can be realized after the completion of all annual sales income of 3.0 billion profit and tax 3-500000000 yuan, resettlement, and laid-off workers 5000-10000 people.
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