Since 2020, the epidemic of New Coronary Pneumonia has spread globally. The industry is facing huge environmental pressure and systemic risks. Both ends of the industry's supply and demand have experienced unprecedented impacts.

1. Production scale down

The starting load of the textile industry is gradually recovering, but affected by the epidemic, the capacity utilization rate is lower than normal.

2. Declining domestic and external market demand

Since the outbreak, the domestic sales of textile and apparel products have declined significantly.

3. Investment scale has shrunk dramatically

Under the influence of the epidemic, companies in the industry generally lack investment confidence and ability, and the scale of investment has shrunk significantly.

4. Economic benefits have deteriorated significantly

In the case of severely insufficient demand and a sharp decline in production and sales, textile companies' revenue and profits have shrunk dramatically.

Suining County Tongjia Chemical Fiber Factory was founded in 2013 and is located at No. 56, North of Guanling Road, Liji Town Industrial Concentration District, Suining County, Xuzhou City, Jiangsu Province. The main products are 300D-3000D high-strength polypropylene lines, PP double-twist yarn, polypropylene Industrial yarn, high-strength polypropylene thread, etc.