Hengli (Nantong) New Textile Materials Industrial Park has recently broken ground in Nantong, Jiangsu Province. It has become the first new textile materials project that costs the largest sum of investment. With a planned investment of CNY 20 billion, the project will be constructed by different phases and designed to establish a production capacity for producing 2.4 million tons of differential and functional new fibers as well as intelligent and imitation polyester materials.

By adopting sophisticated technology and state-of-the-art equipment, the project will turn out an internationally competitive textile new materials producer in terms of technology, scale, energy consumption, etc.

Meanwhile, taking the advantages of Hengli Group´s existing competitiveness in chemical fiber production and weaving, the new industrial park will become an important industrial base for taking over production capacity shifted from the areas south to the Yangtze River. The project is expected to turn out a sales income of more than CNY 50 billion.