Company with 1.6 million m 31% of market share to become the leading automotive headliner fabric ; automotive interior fabrics to expand production capacity to 6.6 million meters, 4.125 times the production capacity expansion, the company in the automotive market in the fabric roof will further consolidate its leading position.
Automotive interior fabric of the company's highest rate of profit contribution, although gross margins fell to 41.34%, 17.32% of revenue but accounted for 41.47% of the gross profit percentage, automotive interior fabric products as the primary driver of profit growth.
Products gradually accepted by domestic and foreign customers. The final product users are car manufacturers Shanghai Volkswagen and Shanghai General Motors, in 2006 the company accounted for Shanghai Volkswagen and Shanghai GM cars fabric roof respectively and 82.97% to 79.81%, the two auto companies have become the most important supply fabric roof Business; and the United States and Germany, the general public to discuss general progress smoothly, has been supplied to the test phase
China's sustained and rapid development of the automotive industry for automotive interior fabric to provide a broad market prospect. Next few years, China's automotive textiles is expected to grow at an annual demand of 15% -20% growth.
The future of the apparel industry's share of domestic consumption and export growth will drive increased growth in demand for apparel fabrics, stretch fabrics at home and abroad with a vast market and good prospects for development. Further expand the company's future will be relatively high gross margin percentage of stretch fabric and reduce the proportion of ordinary fabrics.