Hefei'S First Clothing City Commercial Cooperative Established Xinhuajin To Promote Silver Fiber

First in Hefei clothing Establishment of urban commercial cooperatives

Recently, China Minsheng Bank Hefei Baima Sub branch Clothing City Commercial Cooperative was inaugurated to provide exclusive services for Hefei clothing microenterprises. It is understood that the urban commercial cooperatives are the first of Minsheng Bank in the financial field and are tailored for small and micro enterprises. The city commercial cooperative established this time is also the first garment city commercial cooperative in Hefei.

The clothing city commercial cooperative will help small and micro enterprises grow to the greatest extent by integrating social resources, building a communication platform, innovating financing channels, and supporting small and micro enterprises. In terms of financial support, the cooperative will launch credit products suitable for small and micro enterprises and some preferential policies. The first mutual guarantee fund for small and micro enterprises in the clothing industry will be sold in the near future.

According to statistics, as of August 30, 2012, Minsheng Bank Hefei Branch has cumulatively invested nearly 5 billion "Shangdaitong" small and micro enterprise loans in Hefei, becoming the largest financial service provider for small and micro enterprises in Hefei. At the same time, Hefei Baima Sub branch has cumulatively invested nearly 500 million microenterprise loans in the clothing industry, serving nearly 10000 clothing microenterprises.

Unlike banks that only provide financial credit services, cooperatives will also use their resources and professional advantages to invite industry associations, management training institutions, experts and scholars to give training lectures, salons and carry out cooperative training. At the same time, strengthen the cooperation between the government federation of industry and commerce and small enterprises, management research, legal consulting, tax consulting agencies, and provide advisory services and business guidance for members.

Xinhuajin Joins Hands with American Textile Giant to Promote Silver fibre

Xinhuajin plans to join hands with Noble, an American textile giant, to introduce its high-end innovative biotechnology product X-STATIC to build the first brand of silver fiber in China. With the progress of major asset restructuring, the profitability of Xinhuajin will be fundamentally improved. The company intends to lead the trend of biotechnology materials in the textile business sector to achieve sustainable growth in future performance.

It is reported that the X-STATIC introduced by Xinhuajin Textile this time is a representative research achievement of high-end innovative biotechnology products launched by Noble Corporation, i.e. Nobel Biotechnology Co., Ltd., which has been popular in the United States for many years. The product adopts silver ion three-dimensional implantation technology (SDE), which fuses 99.9% of natural pure silver into the core of the fiber, thus forming a permanent silver fiber with long-lasting effect. X-STATIC silver fiber is widely used in military, medical, aerospace and civil industries, and its development prospects are immeasurable.

Industry analysts believe that spin Alligators join hands to help the X-STATIC brand make its debut in mainland China, or will reshuffle the Chinese biotechnology fiber market