Since 2020, the epidemic of New Coronary Pneumonia has spread globally. The industry is facing huge environmental pressure and systemic risks. The supply and demand of the industry have experienced unprecedented impacts.

1. Production scale down

The starting load of the textile industry is gradually recovering, but affected by the epidemic, the capacity utilization rate is lower than normal.

2. Declining domestic and external market demand

Since the outbreak, the domestic sales of textile and apparel products have declined significantly.

3. Investment scale has shrunk dramatically

Under the influence of the epidemic, companies in the industry generally lack investment confidence and ability, and the scale of investment has shrunk significantly.

4. Economic benefits have deteriorated significantly

In the case of severely insufficient demand and a sharp decline in production and sales, textile companies' revenue and profits have shrunk dramatically.

Shanghai Jinci Industrial Co., Ltd. was established in March 2006. It is a large entity company specializing in the production and sales of polypropylene (PP yarn). Its products include polypropylene general strength yarn, PP high strength yarn, polypropylene anti-aging yarn, polypropylene twist Silk, PP hollow yarn, polypropylene fluorescent yarn, polypropylene luminous yarn, polypropylene flame-retardant yarn, polypropylene hollow variable yarn, etc.