The operation of the textile industry from January to May 2022!

From January to May, the industrial added value of textile enterprises above designated size increased by 1.5% year-on-year, operating income was 2,056.8 billion yuan, up 7.1% year-on-year; total profit was 73.4 billion yuan, down 19.5% year-on-year; industry loss was 26.5%, up 1.6 percentage points year-on-year . The output of yarn and cloth of enterprises above designated size decreased by 3.2% and 1.3% year-on-year respectively, the output of clothing increased by 0.5% year-on-year, and the output of chemical fiber was the same as the same period of last year. The average number of workers employed in the industry was 5.54 million, a decrease of 2.3% over the same period of the previous year.

Dongguan Donghong New Materials Co., Ltd. was founded in 1991 and is located in Wentang Brick Kiln Xia 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. It has 16 PP yarn production lines, forming a production scale with an annual output of 20,000 tons of PP yarn.