Jinsheng Industrial Acquisition Of High-End Business Of World Textile Machinery Giant

< p > Jiangsu Jinsheng industrial Limited by Share Ltd was founded in 2000. It is the leader of the global rapid detection technology for pre spinning equipment, drugs and AIDS. Based on its core technology, it is committed to the innovation and development of the production system in the field of high technology. Its main businesses include < a target = "_blank" href= "//www.sjfzxm.com/" > textile < /a > System Department, high technology department, and building property division. At present, Jinsheng industry has 12 wholly-owned and holding enterprises at home and abroad. It is the "top 100 private enterprises in Jiangsu", "national key high-tech enterprises", "national contract keeping credit enterprises" and "Jintan tax payers", holding the "Jiangsu famous trademark". The intelligent chemical combing equipment is jointly awarded by the Ministry of science and technology and the State Administration of Taxation and other six ministries and commissions to the "national key new product project" and "Jiangsu science and technology achievements transformation project". "The national textile machinery industry key backbone enterprise" is one of the most competitive enterprises in the field of open cotton cleaning and blowing carding. < /p >
Ltd is working hand in hand to build a world-class pre spinning complete set manufacturer, producing carding unit, drawing frame, comber, roving machine and textile specialized accessories for high-end market demand. At present, it is the only supplier with independent intellectual property rights and capable of providing the whole process blowing carding unit. The products sell well in more than 20 provinces and cities in China, and export to more than ten countries and regions such as Pakistan, Vietnam, Bangladesh and Uzbekistan. Cotton textile enterprises, including Jintan Huamao Jinsheng Technology Development Co., Ltd. and Taicang Li Tai Textile Factory Co., Ltd., are one of the best high-end yarn manufacturers in China by virtue of high level "a href=" //www.sjfzxm.com/news/ "cotton spinning technology" /a "and enterprise management. < p > Jinsheng industry and Switzerland orrican group jointly established Sura (Jintan) < a href=" //www.sjfzxm.com/news/index_c.asp "> textile machinery < /a > Co., Ltd. and Jintan teesbos textile specialist. < /p >
Less than p ago, Jiangsu Jinsheng industrial Limited by Share Ltd spent 4 billion 230 million yuan to acquire the assets and equity of the world textile machinery giant Ou Ruikang natural fiber and textile machinery. This is another acquisition by Jinsheng company after its successful acquisition of 50% stake in Germany's EAC group in 2010 for 100 million euros. Prior to that, the project was highly concerned by the municipal Party committee and the municipal government. Yan Li, Secretary of the municipal Party committee and Deputy Secretary of the municipal Party committee, vice mayor and party secretary of the municipal government Fei Gaoyun attached great importance to and promoted the project. < /p >
< p > it is understood that the main business of orrican is mechanical equipment and system engineering, which involves advanced technologies such as textile production, transmission system, precision and vacuum. Among them, the proportion of textile business occupies the largest proportion, and the sales of natural textile machinery and accessories are ranked first in the world. In December 2005, Jinsheng joined orrican, which spent 4 billion 230 million yuan on the acquisition of the orrican project, involving assets trading, all trademarks and other proprietary technologies and patents of 10 companies such as Germany, Switzerland and the United States. < /p >
< p > the State Development Bank is willing to provide financial support and financial advisors for Jinsheng and Ou Ruikang's development and cooperation on the premise of meeting the credit policy. Jinsheng will acquire the leading technology and R & D capability, global team and market layout and sales channels through acquisitions. Through resource integration, it will enhance the competitiveness of Chinese enterprises in the field of high-end textile machinery, reduce the cost of high-end textile machinery production, and thus promote the industrial upgrading of the textile industry. < /p >
< p > through this acquisition, Jinsheng will integrate "a href=" //www.sjfzxm.com "global textile business" /a ", in Europe, with R & D and core components manufacturing as the main products, to produce the most high-end products to meet the needs of Europe and North America, and to provide product sales, installation and other related services. In China, localization and research and manufacturing are the main products in China, and R & D support capability and control system R & D center will be established to serve the high-end market, and the cost-effective products with local market demand will be launched. To a certain extent, this will change the pattern of the world's < a href= "//www.sjfzxm.com" > the textile machinery industry < /a >, and establish the leading position of China's textile machinery's high-end equipment manufacturing in the world. < /p >