2022 Industrial textile industry operation profile!

Since 2022, the stable operation of the industrial textile industry has been greatly impacted by the repeated domestic epidemic, geopolitical turbulence, rising inflation and other factors.

In 2022, the industrial added value of the industrial textile industry maintained growth, and the business index rose to 57.3, returning to the line above growth and contraction. The production and sales of the industry remained relatively stable, but the downward pressure on earnings was greater.

Guangdong Modern High-tech Fiber Co., Ltd. is a professional manufacturer engaged in the research and development, production and sales of polypropylene fiber. Since its establishment, the steady development, now has established more than 70 polypropylene FDY production lines, POY production line 8, DTY production line 2, BCF production line 12 and other production and research and development equipment several, last year a variety of specifications of PP yarn nearly 30,000 tons, become the current domestic actual output of large PP yarn manufacturers.