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Introducing Production Lines of High-grade
 Yarn & Cloth Project

  Being built in 1936 and as a big state-owned enterprise, Tianjin Tianyi Textile Group Co., Ltd. possesses 108,576 spinning spindles and 1,640 looms including 228 air-jet looms at present. The company produces 18,400 tons of yarn and 65 million meters of cloth annually. It is situated in the main street of the city-Liuwei Road in Hedong District, 3 kilometers distant from the railway station, 15 kilometers distant from the airport. It has convenient traffic and also has a railway line of its own. The company has technical personnel of about 300 people and many skilled workers, together with techniques of producing yarn and cloth of all kinds of fibers. The company's products have been chosen through appraisal as name brand products of the city, and sold well both home and abroad. Being licensed for self-supporting import & export trade, the company has an integrated network of marketing, and annual value of export is more than US$ 20 million.

  Brief introduction to the projects

  In order to upgrade its products and get vantage point in the international competition after China's entering WTO, the company plans to manufacture high-grade apparel fabric or special apparel fabric with high additional value. Take high-count multi-mixture yarn & fabric as example, they take full advantage of different properties of cotton, viscose fiber, polyester fiber, etc., which makes the fabric moisture absorbent, air permeable, comfortable, crease-resistant, iron free, well drape, thin & fine, and even better than silk though actually they are not silk.

  Project one: The company plans to provide a four-story frame-structure workshop of 10,800 m2 with supporting equipment, in order to introduce a 20,000-spindle production line of high grade combed yarn or multi-mixture yarn, which are as basis of production of high grade gray cloth. Total investment of the project will be US$ 21.02 million and production scale will be annually 1,597 tons of all kinds of yarn.

  Project two: The company plans to provide a workshop of 5,000 m2 and introduce a production line with air-jet looms in order to manufacture gray cloth of high grade apparel fabric. The workshop is equipped with two transformer substations of 1,600 KW power supply and lighting system, two air-conditioning rooms with blast capacity of 280,000 m3 per hour, and water supply for production, fire control and daily life, as well as facilities for heating and cooling. All mentioned above can be as investment of the company. Total investment of the project will be US$ 16.22 million and production scale will be 7.78 million meters of all kinds of gray cloth annually.

  Forecast of the economic benefit

  In the case of project one, sales income will be US$ 19 million/year, total profit & tax will be US$ 5.37 million/year, the construction period will be six months and investment recovery period will be 10 years. In the case of project two, sales income US$ 41.87 million/year, total profit & tax US$ 9.55 million/year, the construction period six months and investment recovery period 6 years.