Zhejiang Litian Group signed an agreement with Wensu local government in August 12th to invest a 100,000 spindles line, 10 ring spinning lines, 300,000 sets of home textile lines and two weaving bags lines.

Zhejiang Litian Group is a large company invloving in home textile, fabrics manufacturing, plastics, printing and trade. Under this agreement, this project will be located in Akesu Industry Zone, covering an area of 500 mu and investment with 300 million yuan in five years. It is divided into two stages. In first stage, it will invest 150 milion yuan to construct 50,000 spindles line and two weaving bag lines and is expected to put into production on March 2012. The second stage will accomplish in May 2015.

Source: http://english.ctei.gov.cn/News/Companies/252403.htm