The textile industry has the smooth operation on the whole in 2015 with the progress of technology and the diversification of the market demand, which is a good start for China fiber supplier.
I want to mention three aspects in terms of the development of our company which is a reliable and professional fiber wholesale. The first thing is to accelerate investment via the analysis of the market demand and industry restructuring. We know that funds are of great importance for the survival of companies no matter which field they engage in. As a matter of fact, investment means the upgrading of the technology and equipment as well as the personnel. Nowadays people have changed their consumption habits from traditional to modernized ones, which means that they consumer more on high-end and inexpensive products, like functional fiber products. The second thing is the decrease of the prices of raw material, pushing the gross margin in the industry up. Profits has something to do with the expenditure in personnel, technology, raw material and costs of management. The best fiber companies have the unique way on how to balance of the costs and earn more. The third thing is that we still need to import large quantities of products which cannot meet the technological standards in the current market. As everyone knows, products from foreign countries adopt advanced technology and equipment, including textile products and the whole manufacturing industry.
However, to meet the market demand and to be the best functional fiber supplier in China are not that easy for companies which have dealt with or which is going to invest in the industry. The products that our company mainly trades is the high quality cool jade fiber, which share a big market in the manufacturing of clothes, bags and other textile products.