According to news on December 16, Huafeng Chemical disclosed an investor relations activity record sheet that showed that the company’s current spandex production capacity is 325,000 tons, and a further 200,000 tons of production capacity is still under construction, and is expected to be constructed in 2025. Finish. The spandex industry is struggling with the dual pressures of strong cost support and limited demand recovery. The market supply exceeds demand. The current product price is close to the historical bottom and fluctuates within a narrow range. The industry average inventory is about 40 days, and the company’s inventory is less than one month. The company has focused on the spandex industry for 20 years and has accumulated rich experience in production technology management. Through accurate accounting analysis, energy saving and consumption reduction, and continuous technological transformation, the company's unit energy consumption and gross profit margin are both at the leading level in the global industry. The company has always attached great importance to the development of overseas business. The company's overseas marketing network covers many countries and regions such as Europe, America, and Southeast Asia. The current external environment is complex and changeable, and the company has no plans to build overseas factories.
Huafeng Chemical: Spandex production capacity is 325,000 tons, and it is expected to complete the construction of an additional 200,000 tons of production capacity in 2025
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