From November 19 to 23, the grand opening of the ITMA ASIA + CITME took place at the National Exhibition and Convention Center (Shanghai), with over 1,500 exhibitors from 23 countries and regions gathering in Shanghai. Renowned textile machinery manufacturing enterprises from home and abroad were present, showcasing a convergence of new technologies, products, and applications.

It is these high-end, precise, and advanced technologies and solutions that continuously drive the progress of the textile industry, providing robust support for the rapid and high-quality development of enterprises. In Pingshan County, Yibin, Sichuan Province, a high-tech and futuristic factory is changing people's perception of the traditional textile industry, as it has a variety of automated equipment operating busily and intelligent systems handling various tasks efficiently. This factory belongs to Yibin Yashide Textile Co., Ltd. (hereinafter “Yashide”), a company dedicated to delivering high-quality and differentiated yarns.

Planning Key Projects for Future Development

In 2019, Yashide initiated the “400,000-Spindle Intelligent and Differentiated High-End Spinning Project.” Dai Jun, the Secretary of the Pingshan County Committee, expressed during the groundbreaking ceremony that this project is a key initiative at the provincial and municipal levels. It holds strategic importance for Yashide's parent group, Yibin Grace Group Co., Ltd. (hereinafter “Grace”). This venture stands as a tangible manifestation of Yibin's efforts in creating a billion-dollar textile industry cluster and marks a milestone in Pingshan County's accelerated development of a billion-dollar textile industry park. Dai Jun believed that the implementation of this project holds paramount real-world implications for Pingshan County, as it will contribute to the continuous growth and strengthening of the textile industry, boost rapid economic development, and sustain the achievements in poverty alleviation efforts.

The “400,000-Spindle Intelligent and Differentiated High-End Spinning Project” marks a pivotal step in Yashide's progress. It involves procuring a large quantity of advanced equipment to meet the demands of efficient and high-quality production, thereby driving the intelligent development of the short-fiber industry. This presents a crucial opportunity for Yashide, while posing challenges for the equipment import trade service provider, SUMEC International Technology Co., Ltd (referred to as 'SUMEC-ITC').

Strengthening Collaboration Once Again – Setting Sail for Prosperity

In 2019, during the initial stages of the “400,000-Spindle Intelligent and Differentiated High-End Spinning Project,” SUMEC-ITC formulated a comprehensive equipment procurement solution in accordance with project requirements, assisted the client in handling various procedures such as registration, customs clearance, and transportation, providing real-time project tracking throughout the entire process.

By the end of 2020, these equipment and related accessories were transported to China in nine batches via railway. To ensure smooth customs clearance, SUMEC-ITC anticipated challenges, planned accordingly, coordinated with overseas transportation companies before the goods arrived at the Alashankou Comprehensive Bonded Zone in China and obtained the required documents timely. Additionally, SUMEC-ITC contacted domestic logistics companies in advance to arrange vehicles, and promptly declared the goods upon arrival, ensuring successful customs clearance and timely delivery to the destination. The smooth delivery to the factory of the nine batches of goods was a result of SUMEC-ITC's advanced planning and efficient execution, which provided strong assurance for Yashide's business development.

The successful commissioning of the advanced equipment has infused technological vitality into local industrial development, reaffirming the professionalism and efficiency of SUMEC-ITC's services. From 2019 to 2023, SUMEC-ITC assisted Yashide in importing multiple batches of advanced technological equipment for the “400,000-Spindle Intelligent and Differentiated High-End Spinning Project.” Once the project is completed, it is anticipated that the annual production capacity will reach 80,000 tons of yarn, with a projected annual output value exceeding RMB 1.5 billion and annual pre-tax profits surpassing RMB 250 million.

Innovation Driving Development, Cooperation Shaping the Shared Future

In the past several years of cooperation, SUMEC-ITC has facilitated the import of advanced equipment worth over USD 50 million for Yashide. The application of the equipment has not only elevated the intelligence level of the industrial production in the client's factory but also contributed to the high-quality development of the local industry. This deep collaboration model and the achieved outcomes are strong testaments to the mutual trust and shared growth between SUMEC-ITC and Yashide. SUMEC-ITC has also established profound partnerships with Grace, and steadily carried out collaborations with Grace’s other subsidiary companies.

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