China Information

Thursday, January 18, 2007

Jiangxi textile enterprise to build factory in South Africa

It is said that Yaxing Textile Industrial Co,Ltd is planning to invest 800,000 US dollars to build a factory in South Africa and thus becomes the first textile enterprise in Jiangxi province to set up a factory overseas. The company also plans to rent shop areas in Saudi Arabia and Egypt to build its international sales network.Yaxing Textile Industrial Co., Ltd. produces medium & high-end Acrylic wool blanket for export bearing the brands of "Yaxing" and"Yuxing".Its annual production capacity is 800,000 pieces. The company obtained ISO9001 certification in February 2005. Its products are sold well throughout the country and exported to countries like South Africa, Spain and Dubai. Export conducted by the company itself in 2006 was valued at 5.7 million US dollars.

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