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  Tianjin Tianxu Fabrics Co., Ltd was registered in Tianjin Economic Technology Development Area. The company has the air-jet looms production line with advanced international level and accessorial facilities forming a complete set. Supporting facilities: two sets of 500KVA transformer; two sets of boiler, including one SZL2-8, one SZL4-13.

  Main products of the company are pure cotton damask down-proof corduroy series; silk and cotton mixed damask down-proof corduroy; corduroy; elastic corduroy series; jacquard series and so on. Its "KONGTUO" brand woven fabrics won the title of "name brand product" of Tianjin. Among which pure cotton damask down-proof corduroy series, silk and cotton mixed damask down-proof corduroy was appraised as the technologically new product. At present, the annual output total 4.5 million meters.

  Total investment of the project will be US$ 3.098 million including the foreign capital of US$ 1.549 million. The cooperation mode will be a joint venture or a cooperative company. The project will import 32 sets of air-jet looms with advanced international level. The main products will be pure cotton damask down-proof corduroy series; silk and cotton mixed damask down-proof corduroy; corduroy; elastic corduroy series; jacquard series. The annual output will total 1.71 million meters.

  With the change and development of the textile market home and abroad and China's joining WTO, the high counts, high density, super width fabrics see a bright sales prospect. Tianxu Fabrics Co., Ltd has exported the products to Hong Kong, Macao, Japan, South Korea, Europe, America and many other countries and regions, the demands exceeding the supply, and has acquired good economic results. Because of the limited facilities, it is difficult for mass production and consequently affected the order receiving. If the project is carried out, the output will be improved and meet the market needs.

  Annual output 1.71 million meters; annual sales income USD 2.9 million; annual profit USD 0.195 million. It is roughly estimated that the payback of this investment will be realized after four and half years when the project in full production.