|
Wujiang Silk Co., Ltd. is located at ShengzeTown, Wujiang City, Jiangsu Province.It is next to Shanghai on the east side, close to Hangzhou in the south, connecting Huzhou on the west and near Suzhou on the north, with convenient traffic and agreeable climate.With approval by China Securities Supervision & Management Committee, the company has successfully listed its ‘Si Chou Zhuan Zhai’, ‘G Si Chou’ A - Share and ‘Si Chou Zhuan 2’ through Shenzhen Securities Exchange respectively in 1998, 2000 and 2002.In 2006, it smoothly completed its reform in the separation of equity ownership and operation authority.By the end of 2005, the company’s registered capital reached RMB 468 million Yuan, and the total assets reached RMB3.5 billion Yuan.
The company is one of the 512 largest enterprises in China with the annual amount of exports to over 50 million US dollars.The company has 9 subsidiary plants, e.g. Xinlian Silk Weaving Mill, Xinda Embroidery Mill and Liaowu Chemical Fiber Mill.They are engaged in the weaving of top grade silk fabrics, special spinning, computerized embroidering manufacturing, import & export trade of silk, and silk market transaction services, as well as heat & power, logistics and real estate development businesses, and possess advanced and reliable production technical conditions and equipment.The company respectively introduced various shuttle-less looms and auxiliary equipment from Swiss, Italy and Germany, and has currently purchased over 300 units of rapier looms.The shuttle-less rate for real silk weaving has reached about 50%, which is in the top ranks among it counterparts.The company has a production capacity of 20 million meters of top grade real silk, 120,000 tons of chemical fibre, 100,000 tons of polyester chip and 1 billion-stitch for specialty computer-aided embroidery capacity.It possesses for a fairly high share of the market both at home and abroad.
|