On Oct. 23, 2015, Shenqiu Huafeng Gruop and PNM GMBH in Germany reached a cooperation agreement on the project of monofilament production and technology import. Huangpu Lixin, the County Clerk of Shenqiu, Xia Xinming, Deputy County Chief, and Mr. Bundi, CEO of GMBH, attended the signing ceremony.
The County Clerk, Huangpu Lixin, made a speech on the ceremony, and he expressed warmly welcome to PNM Group and investment for polyester fabric industry. He pointed out polyester fabric industry has a long history in Shenqiu, and there are 35 enterprises in industry park, the annul output of producing paper-making cloth is 15 million ㎡，and annual value of production can reach 1.5 billion Chinese Yuan. He emphasized this cooperation can drive the upgrading and transformation of Polyester Fabric Industry; and will raise government’s service consciousness and level to guarantee the successful implementation of this project.
By introducing advance technology and equipment, it is estimated that the annual sales will exceed 100 million, and the export sales will be 30 million, and making Shenqiu the largest base of monofilament production in China.
(Cooperation Signing Ceremony between Huafeng Group and PNM)