The evolution of textile machinery spans over 6000 years, with traditional methods still reigning supreme in the industry. Even as of today, these age-old principles underpin the backbone of the global textile sector. However, the landscape began to shift in the 1950s with the emergence of innovative processing methods like rotor spinning and nonwoven fabrics, offering significantly enhanced efficiency. This paradigm shift gave birth to a new generation of textile equipment, propelling the industry forward.
Textile machinery is characterized by its intricate, process-centric nature, intricate structure, and multitude of parts requiring meticulous pre-assembly or partial assembly. Rigorous production tests and trials follow to ensure adherence to quality standards, with well-equipped testing departments integral to textile machinery factories.
The extensive variety of parts in textile machinery, exemplified by the 1200 to 1500 types involved in double-cylinder circular knitting machine parts, demands meticulous planning and coordination for simultaneous production of multiple machine types. Modern textile machinery businesses leverage advanced management approaches like computer systems engineering for seamless enterprise management.
The weaving machinery sector grapples with uncertainties arising from international trade tensions and domestic policy adjustments. Despite ongoing domestic industry transfer and upgrading, a decline in investor confidence has led to a slowdown in weaving machinery sales growth. Notably, in 2019, rapier loom production and sales witnessed a substantial 25.4% decline, while jet loom sales experienced a 2% year-on-year decrease. Water jet loom sales, on the other hand, rose by 13.6%, albeit at a slower growth rate.
Financial data for 2020 highlights Titan Corporation's robust performance, with total assets reaching 1,485,029.2 million yuan, reflecting a 24.32% year-on-year growth. Operating revenue, operating costs, and net profit attributable to the parent company saw significant increases, signaling a positive trajectory for the corporation.
The large-scale textile machinery enterprises in China displayed encouraging figures from January to November 2021, with a 30.35% year-on-year increase in operating income and a 45.17% rise in total profit. However, there remains a notable gap compared to international standards, particularly in areas such as independent innovation, specialized parts production, "two-industrialization" integration, and the application of advanced design and manufacturing methodologies.
China's textile machinery industry, despite decades of development, grapples with challenges. The overall technical level is deemed low, and the sector lacks the capacity for independent development and innovation due to insufficient investment in research and development. Manufacturing technology lags, basic industries are weak, and supporting parts struggle to keep pace, affecting product quality and electromechanical integration. Coordination issues with processes impact product usability, compounded by a lack of cohesive policies affecting the competitiveness of domestically produced textile machinery.
To address these challenges, the Chinese textile machinery industry has embarked on a series of measures, including infrastructure development, the infusion of foreign technology, differentiated development strategies, and policy implementations to foster growth. These endeavors aim to bridge the existing gaps and propel China's textile machinery industry to new heights.
SUNTECH Textile Machinery is a pioneer in the ongoing technological revolution within the textile industry, actively injecting innovation and catalyzing its metamorphosis. With over 50 years of unwavering commitment to research, development, and technological progress, SUNTECH has successfully cultivated a diverse range of products that cover virtually all fabric types. This comprehensive lineup includes, among other offerings, fabric cutting machines, fabric inspection machines, automatic packaging machines, motorized beam trolleys, and beam storage solutions. SUNTECH Textile Machinery remains dedicated to achieving significant milestones and contributing noteworthy advancements to the global textile sector.