I. Project Name
50 million m Fine Grade Garment Fabrics Production Line Project

II. Project Implementation Agency
Northwest No.2 Textile Group, as State Northwest No. 2 Textile Plant its predecessor, is a state-owned enterprise, the top enterprise in textile industry in China, the excellent enterprise of National Quality Management Group Activity, advanced unit of Shaanxi Enterprise Management and Shaanxi Economy-led enterprise. It has been appraised as contracted and credited enterprise for 19 years. The total assets of the company are 665 million Yuan. Annual sales income 425 million Yuan, foreign exchange earned through export is US$ 25 million. The profit and tax of 40 million Yuan is estimated to be realized. The corporation occupies 120000 spindles and over 1300 various braiding machines, which can produce 13000 tons yarn, 55 million meter cloth. Meanwhile, it owns 4 series products with provincial brand. 4 products were appraised as “the Popular Cloth of China in Spring and Summer”. The products are sold to 50 countries and regions of Europe, North America, Africa, Japan, South Korea, Southeast Asia and Hong Kong.　　　

III. Project Description
It is planned to introduce strategic partner and requisition land of 300 mu in Xianyang Textile Industry Park through increment reorganization. Now it is intended to expand a fine grade garment fabrics production line based on the existing scale, which can produce 100000 spindles and 50 million m cloth. In the yarn procedure of the production line, FA series looms and 1000 sets of Japanese Zax-e jet looms are intended to be selected.

IV. Total Investment and Cooperation Form
Total investment of the project is 190 million Yuan and the capital introduction is 100 million Yuan. Cooperation form: stock cooperation.

V. Anticipation of Market and Analysis of Investment Return
To build fine grade garment fabrics production line and develop fine-comb products with high counts, high dense and high additional value, meanwhile to use various new fabrics to substitute garment fabrics and enlarge export has become the common understanding in textile Industry. After the completion of the project, the annual cotton yarn of 13000 tons and 50 million meter of cloth will be produced. The annual sales income is 450 million Yuan, foreign exchange contribution is US$25 million. The profit and tax of 40 million Yuan and profit of 20 million Yuan will be realized. The investment recovery period is 4.5 years.

Contact Person: Wang Peng
Telephone: 029-33263606　13891088829
Fax: 029-33216101
E-mail：xbemzjb@xb2mian.com
Http://www.xb2mian.com