Wuxi Hongyuan: 60 years of tireless exploration to make
intelligent textile machinery

Hongyuan was founded in 1956.

Wuxi Hongyuan Electromechanical
Technology Co., Ltd. has gone through
nearly 60 years with great difficulties,
but it doesn’t shake the resolve of modernization
of China’s textile industry;
it always grasps the development trend
of industry technology with 60 years of
continuous innovation; it also gains the
reputation of high-end electromechanical
products of various textile machinery in
the fields of chemical fiber, cotton and
others, with 60 years of pioneering and
enterprising.

The company is close to the international
advanced level in technology
level and production scale with 60 years
of diligent efforts, and the key technology
of the product has reached the world
leading level, which becomes the first
draft of false twisting machine standard
in China’s textile industry, as well as
the only R&D center of false twisting
machine evaluated by China Textile Machinery
Industry. So in order to probe
into the reason of its 60 years of glory
and its brands, the report conducts an
interview with Chen Zhihong, deputy
general manager.

China Textile: How are the production
and orders recently? What’s the
main reason for this situation?

Chen Zhihong: The production and
orders are relatively stable, but the information
of latter new projects is not a lot.
With nearly 60 years of service in the textile
industry, Hongyuan company has built
good foundation both on product quality
and market distribution. With the concept
of “Customers’ satisfaction is our constant
pursuit”, we constantly adjust the development
direction of products and make
good after-sales service and production
management in accordance with customers’
demands, support and recognition of
customers at home and abroad, so we can
maintain the normal operation in the market
downturn.

China Textile: At present, various
industries are conducting supply front
structural reform, and emphasizing the
artisan spirit, but for consumers, high
quality and inexpensive is always the
target of customers. Is there any contradiction
between reasonable price and
artisan spirit?

Chen Zhihong: Artisan spirit represents
not only a new production concept,
but also transformation direction of the
entire enterprise and the entire industry,
even an embodiment of personal accomplishment
and life attitude of each enterprise
manager. Under the condition of the
common market competition, the price is
the most primary and sensitive competitive
factors, and also is the most direct means
of competition. The development of textile
machinery products requires a lot of
money, manpower and time, and can not be
done overnight. The pursuit of low prices
is bound to affect the long-term investment
in R&D and the potential for sustainable
development of enterprises. Reasonable
market price is an important factor to ensure
the healthy development of the whole
industry.

China Textile: How do you see the
intelligent development trend of textile
machinery? How will the company integrate
this trend in product positioning
and development?

Chen Zhihong: Intelligent development
is the keyword with highest hit rate
in all areas in recent years. On the basis
of original electromechanical integration
equipment, our textile machinery applies
new ideas and new methods of information
science and artificial intelligence to
further improve automation, by integrating
upgraded digitization, computer technology,
and sensor technology. With the
disappearance of demographic dividend,
it is overwhelming to enhance the development,
due to the factors of reducing staff to
improve efficiency, easing labor shortage,
and reducing labor intensity.