Analysis of the trend of the textile industry!

In 2019, affected by the uncertainty of Sino-US trade relations, the production of the textile industry chain has slowed down, and industry profits have fallen.

From January to October 2019, there were 13,760 companies in the apparel industry above the size (annual main business income of 20 million yuan and above), with cumulative operating income of 130.7 billion yuan, a year-on-year decrease of 0.2%; total profits of 68.5 billion yuan, a 3.4% year-on-year decrease ; Operating income profit margin was 5.24%, a decrease of 0.17 percentage points over the same period of the previous year; clothing production was 20.3 billion, a decrease of 0.8% year-on-year; exports of clothing and clothing accessories were USD 127.2 billion, a decrease of 4.5% year-on-year; the actual investment in the clothing industry decreased year-on-year 0.5%.

DEZTE is a registered trademark of Jiaxing Shengbang Technology Co., Ltd., Beijing Shengbang Xinyuan Chemical Fiber Machinery Co., Ltd., and Jiaxing Shengbang Machinery Equipment Co., Ltd., which can be used in yarn, fabric, clothing, home textile, accessories and other fields. Among them, the research and development and production of special yarns are the company's core technologies. Creating a really special silk thread is the goal that Shengbang always pursues. In Shengbang's kingdom, it has various experimental and pilot equipment prepared for the birth of new yarns from polymerization to spinning, drafting, and texturing, many of which were independently developed by Shengbang.