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2014-3-26 Suzhou Jiangsu

On March 18, CTMA 7th member representative assembly in Suzhou city,Guping the vice director of CIMA reported that textile machinery industry in the past 2013 according to the objective demand of the upgrading of textile industry, speed up the adjustment of product structure and technology upgrade, the overall level of the industry have improved obviously. Textile machinery products in such aspects as technical level, product quality has greatly increased. Although narrow domestic market demand, export growth, the whole running in a stable situation of the industry.

1. Industry scale in 2013, the textile machinery industry to realize the main business income is 115.56 billion yuan, upside 5.69% from a year earlier. Total assets of 93.909 billion yuan, upside 9.67%; Companies for 726.

2. Cost structure in 2013, the textile machinery industry total cost is 107.114 billion yuan, upside 4.11% from a year earlier. Among them, the main business costs 96.526 billion yuan, upside 5.2% from a year earlier. Main business costs accounted for the proportion of the total cost is 90.12%; Operating expenses for 3.146 billion yuan, upside 5.94%, accounts for 2.94% of total cost, Management fee is 6.249 billion yuan, upside 7.17% from a year earlier, management costs accounting for the proportion of the total cost is 5.83%; Financial cost is RMB 1.192 billion, downside 1.62% year on year, financial costs accounted for the proportion of the total cost of 1.11%.

3. The earnings in 2013, the textile machinery industry gross profit is 8.247 billion yuan, year-on-year increase of 1.149 billion yuan; 95 loss compaies of 458 million yuan, upside 15.37%;the company loss rate is 13.09% .

4. Investment situation in 2013, the textile machinery industry fixed assets investment is 28.372 billion yuan, upside 39.16%; Textile machinery industry fixed assets investment proportion of textile industry investment in fixed assets was 3.10%. total 376 new projects in 2013 , upside 20.51% from a year earlier.

5. Export value of completion
In 2013, the textile machinery industry to complete the export value of 7.106 billion yuan, upside 4.64% from a year earlier.

6. Export growth obviously and imports increased slightly
According to Chinese Custom statistics, in 2013, China textile machinery import and export of accumulative total of $6.739 billion, upside 4.32% from a year earlier. Among them: textile machinery exports of $2.519 billion, upside 12.36%; Imported us $4.22 billion, upside 0.04% from a year earlier. In 2013, a total of textile machinery imported from 62 countries and regions, imports totaled $4.22 billion, upside 0.04% from a year earlier, the cumulative has compared to the continuous rise in five months. In 2013, textile exports of $1.854 billion, upside 10.44% from a year earlier.

2014-3-14  Jilin Province

North China Jiangchen carbon fiber company smooth docked with Fangda Group(Liaonin), restart 500 T/Y CF production line at the end of December 2013, the normal production is resumed in January,met the design production capacity.

Last November 22, Fangda group was transfered Jiangchen CF from Zhonggang Steel Group, to handle the relevant formalities of industrial and commercial registration of change,Jiangchen CF named to JiLin Fangda Jiangchen . Fangda to hold 70% stakes,Zhonggang remain 30% stakes.

Fangda mainly engaged in carbon, steel, chemical, medical industry and other industries of mining, coking, real estate . Carbon fiber is the group's focus on the development of a strategic industry, its subsidiary Fushun Fangtai 3100 T/Y CF project is under construction. JiLin district of carbon fiber industry good development foundation and the development environment ,Jiangchen CF project construction began in 2008, the second half of 2011 projects completed and put into operation but be holding due to some of factors, effect is not ideal.Jiangchen carbon fiber advanced technology and equipment, attracted the attention of the Fangda. After several rounds of negotiations both sides negotiate, the transferee is done to further optimize the carbon fiber industry layout.

Learned, JiLinFang big jiang carbon fiber co., LTD., the next step will be based on existing project, the construction of 1500 tons/year carbon fiber production line, the final formation of 2000 tons/year of carbon fiber production.

It was lanched that Fangda will vigorously develop carbon fiber composite materials products with independent intellectual property rights, intensify construction of carbon fiber composite materials products would be 1000 tons/year production line. Its main products will include carbon fiber presoak cloth, chopped carbon fiber, carbon fiber reinforcement, carbon fiber fabric cloth, carbon fiber powder, such as carbon fiber composite materials products. Fangda will thus realizing a complete industrial chain of carbon fiber business vertical integration development.