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                                                      Part 2: wool spinning & weaving
     In wool spinning & weaving field, Tianjin has a glorious past and some top woolen mills of the country. With the growth of wool spinning & weaving in the world, traditional woolen fabrics faces the challenge that garment fashion is turning towards leisurewear style. So woolen mills need to seek their own advantages, base themselves upon innovation, and adapt for various consumer’s needs according to changes of the markets. The projects of wool spinning & weaving in the park are oriented to high efficiency, high benefit, high technology, and new products. The products will be high-grade woolen fabrics. The two projects in this part are as follows.
                                             
I. Worsted fabrics project
1. Total investment of the project: USD44.32 million
2. The products of the project: worsted fabrics and woolen cloth
3. Production scale: annual output 3.3 million meters of worsted fabrics, and 0.8 million meters of woolen cloth
4. Annual sales: USD42.07 million
5. Ratio of profit to investment: 14.59%
6. Investment recovery period: 6.91 years

                          
II. Knitting wool and wool knitted garment project
1. Total investment of the project: USD20.63 million
2. The products of the project: wool (knitting wool) and wool knitted garment
3. Production scale: annual output 1,500 tons of wool (knitting wool) and 200,000 pieces of wool knitted garments
4. Annual sales: USD15.1 million
5. Ratio of profit to investment: 14.07%

6. Investment recovery period: 7.56 years