Shanghai Jiafeng Feilong Spinning Co.,Ltd.
Shanghai Jiafeng Feilong Spinning Co.,Ltd is set up under the guidance of modern company management system by combining the assets of the former Shanghai No. 34 Cotton Mill and partial assets of Shanghai Jiafeng Cotton Mill. The company now owns spinning machines of 100,000 spindles, air jet-spinning looms of 800 spindles, 14 imported double-twisting machines, 596 weaving machines and a staff of 3200. It asset totals RMB360 million and debt RMB130 million. The capital/debt ratio is 36% and the net asset is RMB230 million. Its annual output is 14000 Tons of yarns and 14 million meters of gray fabrics. The annual sales value is RMB350 million. With technology development and improvement as its orientation, the company is now able to produce various kinds of middle-high class yarns and gray fabrics, with combed fabrics equipment of 3 sets/10000spindles and automatic cone winding machines of 3 sets / 10000 spindles. The yarns produced by the former No.34 Spinning Factory once won the National Silver Award and were recommended as "Branded Products" of Shanghai several times. In 1999, the yarns won the Special Award for Excellent Quality of the state. And the gray fabrics produced by Jiafeng also won the National Gold Award for three times and the "001 Free of Inspection Certificate" issued by China Commodity Inspection Bureau. Shanghai Jiafeng Feilong Spinning Co., Ltd is the combination of two strong companies and is expected to develop faster in the future.
produce various kinds of middle-high class yarns and gray fabrics.
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