Anhui Xinhe Yarn Co., Ltd. was established in May 2011. It is located in Chengnan Industrial Park, Wuhe Provincial Economic and Technological Development Zone and enjoys very convenient water and land transportation.
With a total investment of RMB 120 million and a registered capital of RMB 30 million, the company covers an area of 120mu. The semi-worsted spinning project is planned to build 25,000 spindles. The phase I 10,000-spindle project was completed and put into production in February 2013; the spinning (special natural fiber yarn) project is planned to build 25,000 spindles and the phase I 10,000-spindle project had been completed and put into production in October 2014. Currently, the company has world-class wool combers, gill boxes, coarse spinners, spinning machines, winding machines and other spinning production equipment as well as workshops (20,000 square meters0, warehouses (3,600 square meters), office buildings (3000 square meters), dormitories (7,800 square meters) and other supporting facilities. Currently, the company can produce 4,000 tons of high-grade semi-worsted yarns and 5,600 tons of environmentally-friendly special natural yarns per year and achieves sales income of RMB 300 million annually.