High Speed Cantilever Single Twisting Machine

Textile industry related information

On the domestic side, this year's epidemic situation is fierce, the impact of downstream textile enterprises is greater, and the number of loss making enterprises and profit reduction enterprises has increased significantly. Mainly due to the sluggish domestic and international market demand, the sharp drop in orders, the company's capacity utilization rate decreased, the cost increased, and the gross profit decreased, resulting in a sharp decline in net profit in the first half of the year. Almost none of the clothing enterprises in the terminal link escaped the severe attack of the epidemic. Some well-known global chain clothing enterprises have closed down or even closed down. So far, there has been no obvious improvement, mainly due to the repeated overseas epidemic situation, which has inhibited the activities of consumers, and the recovery of export orders has encountered a bottleneck. Domestic downstream enterprises have not received the autumn and winter orders, there is the possibility of selling spring clothes in autumn, and bankruptcy tide is also common. The downstream market was not built in a day, and the external environment faced by enterprises is still not optimistic.

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