Guangzhou Xintang Baishengfa Fabric Project With An Annual Output Of 70000 Tons Was Signed With Guangxi

In the afternoon of November 27, at the signing ceremony of the 17th China ASEAN Expo held in Nanning, the People's Government of Xiangzhou County, Guangxi, and Guangzhou Zengcheng District Xintang Baishengfa Industrial Co., Ltd. successfully signed a construction project with an annual output of 70000 tons of dyed fabrics.

Witnessed by the leaders and guests attending the signing ceremony, Wei Tao, the head of Xiangzhou County, and Qin Shuqiang, the chairman of Guangzhou Zengcheng District Xintang Baishengfa Industrial Co., Ltd. officially signed a contract for a construction project with an annual output of 70000 tons of dyed fabrics.

It is reported that the total investment of the project is about 350 million yuan, including 300 million yuan of fixed asset investment, to build a 70000 ton dyeing fabric production line annually. It is understood that the market prospect of the project products is considerable, and the project products are at a high level in the industry with strong core competitiveness, which can meet the needs of the new situation of the development of the Sanjiangkou Energy Conservation and Environmental Protection Ecological Industrial Park in Xiangzhou County.

After the signing and implementation of the project, it can effectively promote the formation and development of the textile dyeing and finishing industry chain in Xiangzhou County, and produce a good cluster effect. When completed and put into production, the annual output value can be about 150 million yuan, and the annual tax payment is about 4 million yuan or more.