Xinye textile March 3rd noon announcement, the board of directors of the company passed the "motion on investment in the construction of high-grade spinning composite nonwovens". The company will invest in the construction of high grade textile composite nonwoven project in Xinye County textile industry cluster area. The total investment is 120 million yuan. The construction period is 6 months. After the completion of the project, 25 thousand tons of medical, health and protective materials are expected to be produced annually.

The announcement shows that the project has invested in the construction of two high-grade spinning and weaving composite nonwoven production lines, and adopts the advanced international technology of spinning and weaving composite nonwovens, developing and producing products of health, medical treatment, industrial protection and environmental protection. As a new type of high-tech basic material, nonwoven materials have maintained a sustained high growth momentum in the global demand. High grade nonwovens have become the trend of replacing traditional materials, and the demand for high quality nonwovens has increased dramatically. The market of spinning and weaving composite nonwovens has huge capacity and broad space for development.