A brief analysis of the operation of the textile industry from January to February!

From January to February, the industrial added value of textile enterprises above designated size increased by 33.1% year-on-year, and the growth rate increased by 58.7 percentage points from the same period last year. The output of chemical fiber, yarn, cloth, and clothing of enterprises above designated size increased by 32.5%, 45.9%, 24.1%, and 38.4% respectively year-on-year, and the growth rate was 46.1, 85.3, 60.1, and 75.0 percentage points higher than the same period last year.

From January to February, textile enterprises above designated size achieved operating income of 625.6 billion yuan, a year-on-year increase of 35.8%; realized total profits of 25.2 billion yuan, an increase of 139% year-on-year; operating income margin was 4.0%, 1.7 percentage points higher than the same period last year. From January to February, the retail sales of clothing, footwear, and knitting textiles above designated size increased by 47.6% year-on-year; the national retail sales of online clothing products increased by 44.3% year-on-year.

From January to February, textile and clothing exports were US$46.1 billion, a year-on-year increase of 55.0%, of which textile exports were US$22.1 billion, a year-on-year increase of 60.8%; clothing exports were US$24 billion, a year-on-year increase of 50.0%.

Dongguan Donghong New Materials Co., Ltd. was founded in 1991 and is located in the Wentang Brick Kiln Industrial Zone, Dongcheng District, Dongguan City, Guangdong Province. It is a medium-sized enterprise specializing in the production of various PP yarns. It has more than 800 employees. Our company currently has more than 800 employees. With 16 PP yarn production lines, it has formed an annual production scale of 20,000 tons of PP yarn, and its market share ranks among the top in the industry.