Rongsheng Petrochemical Li Shuirong: The Past Year Is The Best Year Of Chemical Fiber Industry.

Zhejiang

The following is the full text of the guest's speech:

Just now, four experts in our industry have said that we should not be surprised if we speak a little differently from you.

I am also the vice president of the chemical fiber Association.

First of all, let's briefly talk about the situation of Rongsheng. Rong Sheng started from about 200000 yuan in the early 90s. Now there is no weaving. Textile and polyester are the industrial chain of PTA. This is the advantage of Rongsheng.

We also do real estate, as well as coal chemical industry and other industries, mainly the three major industries.

The first industry is textile, PTA polyester.

PTA is now a joint venture. Now its output is 2 million 800 thousand, and it will be put into operation in June this year, increasing output by 1 times.

Our polyester has reached 1 million tons, and an additional 500 thousand tons.

The polyester chain and spinning are all supporting the whole industry chain.

In the past year, we talked about "11th Five-Year".

The textile industry is difficult every year, but in the last year of 11th Five-Year, I think why the textile industry has such a good added value last year? I don't think we should first say what our private enterprises do. We are very sorry for the private enterprises. But what is the contribution of the private enterprises?

Indeed, over the past few years, our total assets were more than 200 billion, and last year's profits were about 2000000000. Last year, we listed the largest scale in the chemical fiber industry. The largest number of fundraising funds was our Rongsheng, but I raised the most funds and raised about 3000000000, and only 10% of the proceeds were collected. If 25% or 30%, this would be different.

In the past year, I think it is the best year. I believe all industries in the whole country will be good last. I think there is a point that the financial crisis has brought us progress.

We Chinese are more powerful and innovative, which is inseparable from the diligence of the 1 billion 360 million.

Second, we have many people, industrial chain development and social development. I think more people consume more.

You say, after the financial crisis, who can't wear clothes? I don't think so.

After this financial crisis, great opportunities have been brought to China.

For Rongsheng, we really created this opportunity. We invested a few years ago. At the beginning of 11th Five-Year, we finally came to the end of 11th Five-Year.

I think such an opportunity is very important. PTA has never bought as much as it did last year. I think there are many reasons for such a good result.