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Zhejiang Xinao Textiles Inc. (603889.SH): The first production line of the "0.05 million spindles high-end fine spinning ecological yarn spinning and dyeing project" has entered the production stage with 0.02 million spindles in the first phase.
On November 26, Glorious Exchange reported that zhejiang xinao textiles inc. (603889.SH) announced the opening ceremony of its Vietnam branch on November 26, 2024. The first production line of the "50,000 spindle high-end fine spinning ecological yarn textile dyeing and finishing project" with 20,000 spindles has entered the production phase, and other production lines will undergo debugging work in phases and will be gradually put into production. It is expected that after the full production of the first phase with 20,000 spindles, it will form about 2,500 tons/year of coarse fine yarn production capacity and 5,000 tons/year of dyeing and finishing capacity. The "50,000 spindle high-end fine spinning ecological yarn textile dyeing and finishing project" is planned to be built.
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