Link up Life and Enable Textile! C&D Merchandise and Jingwei Textile Machinery Signed a Strategic Partnership Agreement
发布日期: 2022-06-30 | 来源：C&D Inc.
On June 27, C&D Merchandise (hereinafter referred to as C&D Merchandise), a wholly-owned subsidiary of C&D Inc (600153.SH), signed a strategic partnership agreement with Jingwei Textile Machinery Co., Ltd (hereinafter referred to as Jingwei). Wang Zhibing, VGM of C&D Inc., Shao Mingdong (GM of Jingwei) and both parties' other representatives attended the contract-signing ceremony.
According to the Agreement, both parties will share their resources, complement their respective advantages, and join hands to provide long-term and comprehensive customized services to upstream and downstream customers of the textile industry in the raw material supply chain, yarn sale, equipment lease, and other sectors.
As a quality supplier of total-process cotton-spinning equipment, Jingwei enjoys a superb market position and global competitiveness with the intelligent total-process spinning system and digitalized twisting system it develops. This partnership will increase the sales revenues of Jingwei and further promote C&D Merchandise's development in the textile industry.
During the contract-signing ceremony, Wang Zhibing said that Jingwei had a time-honored history and profound professionalism and its development concepts well matched those of C&D Merchandise in terms of digitalization, carbon reduction and "sci-tech + finance"-enabled business development. He expected both parties to share resources and realize synergy in an all-around manner and enable trading platforms and develop a financial system together.
Shao Mingdong introduced the development history of Jingwei and emphasized the advantageous experiences of C&D Merchandise in supply chain risk control and their boost to Jingwei's business development.
The concentration of the textile industry works to promote carbon reduction of the industry. C&D Merchandise actively cooperated with the upstream and downstream partners to realize joint development during green restructuring. It aims to link up life and enable the textile industry. In the future, C&D Merchandise will work with partners to reduce "carbon footprints"; stick to innovation-driven development to realize the major breakthroughs in textile science and technology, and make contributions to the green and sustainable development of the textile industry.
Profile of C&D Merchandise
As a member of C&D Inc.'s consumer goods division, C&D Merchandise specializes in food, cosmetics, personal care, raw textile material, consumer electronics, living goods, and other sectors.
