Weiqiao Textile is building a new automated, intelligent spinning and weaving production line

Weiqiao Textile (HKEx: 2698) is building a new automated, intelligent spinning and weaving production line. The plant plans to invest about 820 million yuan, is expected to install equipment at the end of July 2019, and put into production in October 2019. After the completion of the construction of the plant, it can produce 15,000 tons of high-grade compact spinning and 35 million yards of high-grade fabrics.

Hong Kong, May 21, 2019 /PR Newswire / -- China's largest cotton textile manufacturer - Weiqiao Textile Co., Ltd. (hereinafter referred to as "the company" or "Weiqiao Textile"; together with its subsidiaries, "the Group "; Hong Kong Stock Code: 2698) today announced that, in line with strengthening industrial upgrading and enhance the proportion of high-end products, high-quality realization of the principle of development, the company is to build a new automation, intelligent spinning and weaving production line, do By the time of elimination, reservation, development, realization of side compression, improvement, transformation, and a transformation and upgrading of a traditional manufacturing industry.

The new smart factory is being built to integrate spinning and weaving and intelligent control of the entire process. The plant plans to invest about 820 million yuan, is expected to install equipment at the end of July 2019, and put into production in October 2019. After the completion of the construction of the plant, it can produce 15,000 tons of high-grade compact spinning and 35 million yards of high-grade fabrics.

The project will adopt measures such as “Internet +”, automatic product inspection, robot application, automatic transportation tool application, and energy-saving equipment use. The intelligent track conveyor system of the production line has a length of 35 kilometers. It is fully automated from roving to product storage, automatic packaging, and the whole process is directly involved without any manual. With the intelligent control system platform, the production line can be remotely managed through terminal devices such as mobile phones, tablets, computers, etc., and visually monitor each process and operation point in real time. In addition, the production line also has order progress warning, equipment status warning, quality over-standard warning, environmental over-standard warning, energy consumption over-standard warning, one-click production quality report, real-time monitoring of quality data, real-time order tracking, seamless integration of ERP and many other functions. All devices will implement data integration analysis.

With the completion of the company's new intelligent production line, it will bring about a substantial increase in production efficiency. For example, the cleaning and carding system reduces the number of times of changing barrels; the automatic winding system of the combing and combing system realizes automatic roll changing, automatic joints and automatic laps; the thick and thin intelligent automatic rail system can realize the doffing parking within 3 minutes. Yarn success rate, empty tube replacement success rate, head success rate is close to 100%; fine yarn adopts 1,824 spindle super long spinning machine; AGV barrel conveying system realizes automatic feeding of cans, accurate in place; Rieter automatic equipped with drawing process The quality monitoring system significantly improved the unevenness of the weight and the level of the strip; the weft insertion rate of the weaving machine reached 2,565 times per minute. This one represents the industry's leading level of data, reflecting the new kinetic energy generated by Weiqiao Textile Technology.

After the completion of the intelligent spinning and weaving integrated workshop, the number of workers in the production line is reduced by 90% compared with the current number of workers in the same scale production line of the company, which not only reduces the labor intensity of workers, reduces labor costs, but also improves product quality. The company is in the textile industry. The competitiveness will be greatly enhanced, achieving high-quality development and promoting the overall industrial upgrading.

In the development practice of the company for more than 20 years, Weiqiao Textile insists on innovation as the first driving force for enterprise development, and puts innovation in the core position of enterprise development. Through the continuous innovation of intensive management and management mechanism, it has formed a A unique style of business management and innovation management. The consumption indicators of Weiqiao Textile are at a low level in the industry, which enables the company to maintain its low-cost and high-quality development advantages. In the next step, the company will continue to take the initiative to strengthen cooperation with research institutes, increase technology research and development, continuously strengthen industrial upgrading, and upgrade the level of intelligent branch construction, through process reengineering, work method innovation, management model innovation, etc. We will jointly promote the development of the textile industry in the direction of green, low-carbon, digital, and intelligent, and make new contributions to building a textile power.

About Weiqiao Textile

Weiqiao Textile Co., Ltd. is mainly engaged in the production and sales of cotton yarn , grey cloth and denim , as well as the production and sales of electricity and steam. It is the largest cotton textile manufacturer in China. Over the past decade or so, we have grasped the opportunity of China's rapid economic growth, established a huge production scale, combined with advanced technology and equipment, and laid a solid foundation in the global cotton textile market. The Group is located in Shandong Province, the second largest cotton producing province in China. It has a large production scale and has four production bases, namely Weiqiao Production Base, Binzhou Production Base, Weihai Production Base and Zouping Production Base.