00 ItMa 2011 (exclusive Feature) - Textile Magazine

itMA 2011 [exclusive feature]
Mr. MAOxIn yE, Vice President, ChTC
chinery manufacturing. Through
the strategic acquisition, it not only
highlights Fong’s Industries as the
most important global platform for
CHTC to strengthen its businesses
in the cotton and man-made fibres,
dyeing, printing and finishing machinery
manufacturing sectors, but
also to become a stronger player
for premium and competitive textile
machinery.
It also fulfils the responsibility of
China Hi-Tech Group to further promote
the Chinese textile industry,
with its final goal, through the global
dyeing and finishing mechanical
domain leading technology, the high
quality brand resources reorganization,
to strengthen the country’s
textile industry upstream, the high
added value products, the high profit
domain overall strength and to promote
the textile industry industrial
upgrading.
CHTC is clearly emerging the
100 | ThE TEXTILE MAGAZINE OCTOBER 2011
world’s leading manufacturer of
textile machinery and components.
It is a state-owned enterprise with
over 200 subsidiaries and branch
offices worldwide, including five
listed corporations, namely, Jingwei
Textile Machinery Co., Ltd.,
Kama Co. Ltd., Baoding Swan Co.
Ltd., China Garments Co. Ltd. and
Fong’s Industries Company Ltd.
China Hi-Tech Group now has
more than 60,000 staff and 18 direct
subsidiaries spread over 20 provinces,
cities and autonomous regions in
China and almost 20 foreign countries
and regions.
The principal business activities of
China Hi-Tech Group include three
sections, namely, textile machinery,
textile trade and cargo truck, which
are further divided into six major
business units of textile machinery,
textile trade, new fiber materials,
heavy industrial machinery, real estate
and investment. Among them,
textile machinery is the core business.
Ranking the first in the domestic
textile machinery business for its
comprehensive strength, and the
second in the global textile machinery
field for its business scale, China
Hi-Tech Group has the most comprehensive
range and categories of
textile machinery in the world, with
major business activities, including
cotton textile machinery, chemical
fiber machinery, printing and dyeing
machinery and non-woven machinery.
Cotton textile machinery
Jingwei Textile Machinery Co.
Ltd. is the core enterprise of cotton
textile business. The company can
provide customers with a series of
single machinery and a complete
set of products of different processes,
including blowing, carding,
drawing, combing, roving, spinning,
winding and twisting, as well as
different compositions and applications,
enjoying a good reputation in
domestic and foreign markets.
It has new weaving equipment of
various models and different series
and desirable performance for warping,
sizing and weaving (including
air jet loom, rapier loom, water jet
loom, knitting, warp knitting machine,
etc.), able to meet different
demands of the domestic and foreign
markets.
The cotton textile machinery
products of China Hi-Tech Group
are moving in the direction of short
flow, continuous high-efficiency,
automation, high speed and intelligent
whole spinning process. Network-based
monitoring and management
as well as expert systems in