Operation of textile industry from January to November 2022!

From January to November, the industrial added value of textile enterprises above designated size decreased by 1.5% year on year, and the operating revenue was 4,736.7 billion yuan, up by 0.3% year on year. The total profit was 176.5 billion yuan, down 26.4% year on year; The industry lost 22.7%, up 3.8 percentage points year on year. The output of yarn, cloth and clothing by enterprises above designated size fell by 6.9%, 6.1% and 3.4%, respectively, and that of chemical fiber by 0.1%. Industry average employment was 5.49 million, down 4.5% from a year earlier.

Dongguan Donghong New Materials Co., Ltd. was founded in 1991, located in Wentang Brick Kiln Industrial Zone, Dongcheng District, Dongguan City, Guangdong Province, is a medium-sized enterprise specializing in the production of all kinds of PP yarn, with more than 800 employees. The company has now owned 16 PP yarn production lines, forming an annual output of 20,000 tons of PP yarn production scale.