Sanyang Textile and Shengtai Group Resources Sharing, Cooperative Production Base Unveiled Today

On April 18, the unveiling ceremony for Sanyang Textile Co., Ltd. and Shengtai Group's joint production base was held at Sanyang Textile Co., Ltd.

The unveiling ceremony was hosted by Zhang Yuzong, general manager of Sanyang Textile Co., Ltd., and Xu Yunting, chairman of Lihuayi Group, Qian Weizhong, chairman of Sanyang Textile Co., Ltd., Xu Lei, chairman of Shengtai Group, and Ye Jianzeng, general manager of the company attended the unveiling ceremony.

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Sanyang Textile Co., Ltd. is a subsidiary of Lihuayi Group. Sanyang Textile Co., Ltd. mainly produces pure cotton high-branch bleached yarns, PIMA cotton yarns, high-strength high-density bleaching fabrics, elastic fabrics, etc., and its "Sanhe" brand cotton Natural yarns and natural grey fabrics are highly recognized by the market and have a high reputation.

Qian Weizhong, chairman of Sanyang Textile Co., Ltd., said in his speech that Shengtai Group has always been at the forefront of domestic “production and sales of yarn-dyed, knitted and woven fabrics” and “production and sales of advanced knitted garments”. Its "Younger" internationally renowned brand has a good corporate reputation and market competitiveness. Sanyang Textile Co., Ltd. and Shengtai Group have more than 10 years of business cooperation. The company's development path of “combing fine spinning, making features, and high-end service” coincides with the development of Shengtai Group. This is a deepening cooperation between the two parties. Important factors for achieving a win-win situation.

Qian Weizhong pointed out that the “Unveiling Ceremony of Sanyang Textile and Shengtai Group's Cooperative Production Base” marks that the cooperation between the two parties has entered a higher stage. This is not only a major measure for the two sides to respond to the increasing downward pressure on the economy through strategic cooperation. It also represents the firm confidence and determination of both parties to stick to their common pursuit, pool superior resources, build joint development forces, and lead the industry. With the joint efforts of both parties, the two sides have achieved even better results in integrating the value chain system, creating a resource sharing platform, and creating a road to common development.

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Xu Lei, chairman of Shengtai Group, stated that the cooperation with Sanyang Textile is a new cooperation model, a milestone activity of the long-term friendly cooperation between Sanyang Textile and Shengtai Group, and a new cooperation model for the future of the textile industry. Exploration. Sanyang Textile has long been one of the most important partners of Shengtai Group and is an important yarn supplier for Shengtai Textile. After years of development, Shengtai Company has already possessed good technical advantages, strong research and development capabilities and a healthy overseas layout. In the company's development process, it is inseparable from the strong support of the upstream excellent suppliers, and how to form a healthy, orderly and mutually beneficial win-win situation. The cooperation model, how to establish an effective strategic cooperation united front has always been an important issue for Shengtai Group.

Xu Lei said that after years of cooperation and exploration with Sanyang Textile, Shengtai Company has finally reached a production base cooperation model today. After the formation of the base, Shengtai will make full use of its front-end advantages to bring more high-quality orders to Sanyang. At the same time, Shengtai will use the advantages of Shengtai's funds and cotton resources to provide better raw material supply for Sanyang, Sanyang will be in the production process of orders. China has given Shengtai more support. This is a new starting point for the cooperation between Sanyang and Shengtai.

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Sheng Tai Textile Group's predecessor was Ningbo Youngor Japan Textile Printing and Dyeing Co., Ltd. This time, after establishing a production base in cooperation with Sanyang Textile, the two parties carried out advantages integration in cotton, spinning, weaving, and clothing to form a platform and brand. The textile industry platform that is based on assets and light assets realizes resource sharing, mutual benefit and win-win results, and achieves a relatively independent interest community composed of various entities, forming a new model of industrial ecological chain.

In addition, with the accompanied by relevant persons in charge of Sanyang Textile Company, Shengtai Textile Company representatives visited other industries of Lihuayi Group.

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