One of China's leading textile manufacturers has announced an ambitious US$2.2 million investment programme that will boost production at several of its mainland factories.

Shinih Enterprise Ltd, which is listed on the local Taisdaq stock market, has four plants: in Dongguan of Guangdong Province, Tangshan of Hebei Province, Suzhou of Jiangsu Province, and Hangzhou of Zhejiang Province.

Since the production capacity at the Suzhou factory has been fully occupied for a while, Shinih purchased an existing factory nearby for US$5m and has invested a further US$200,000 this year.

Once installation works are completed in late 2002, the plant will be able to produce up to 2,000 metric tonnes of needle punch fabric, car carpet and resin staple fibre annually.

Meanwhile, Shinih will additionally invest US$500,000 in the Tangshan factory and US$1.5m in the Hangzhou factory. It will also shortly decide whether to establish a US$3-5m factory of nonwoven fabric in Vietnam.


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