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Article: KAM HING BUILDS JOINT VENTURE WITH XINGHONG TEXTILE
- Article from:
- AsiaInfo Services
- Article date:
- June 6, 2008
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AsiaInfo Services
06-06-2008
Kam Hing Builds Joint Venture With Xinghong Textile
HONG KONG, Jun 06, 2008 (SinoCast via COMTEX) -- Kam Hing International Holdings Ltd. (SEHK: 2307) inked an agreement with Hubei Xinghong Textile Company to set up a joint venture in Honghu, central China's Hubei province, named as Xingye Cotton Textile Co., Ltd.
The two companies decided to start the operation of the production line with annual production capacity of 30,000 spinning spindles in the second stage of project of the joint venture, in a bid to enlarge its annual production capacity to 60,000 spindles within 2008.
In addition, as one of the mainstay industries in Hubei, textile industry ...