Sino-German joint venture textile enterprises both sides to cooperate in the establishment of a new fiber-de R & D center

Wujiang City, Jiangsu Province Shenghong group recently signed with the German multinational Ourui Kang, the two sides to jointly invest 10,000,000 euros, in the city of Remscheid Germany’s Ruhr district to build new fiber research and development center.

Sheng Hong, chairman of the board of the Group Mouhan said that this year sales will more than 10,000,000,000 yuan, the group’s development goal is to use three to five years time, so that the output value reached 30,000,000,000 yuan. Sheng Hong Group has recognized the relevant national test center for textiles and chemical fiber testing center last year, 366 patent applications last year, 9 months to develop new products through provincial identification. Germany to get R & D center will be in Germany to apply for such licenses, the two sides will carry out functional fibers such as health fiber, conductive fibers, and so on.