Lanxi foreign trade enterprises with strong internal strength can calmly cope with exchange rate fluctuations!

Media Reports

The recent frequent exchange rate fluctuations have directly increased the uncertainty of orders for foreign trade enterprises, affecting their stable development.

How should Lanxi foreign trade enterprises respond?

Zhejiang Blue Dream Textile Co., Ltd. starts with extending the industrial chain, seizes the promotion of intelligent manufacturing, and uses strong internal strength to balance the market fluctuations.

Predict the situation and plan ahead

Actually, I think on the surface, the depreciation of the Chinese yuan is very beneficial for our exports, but on the whole, the depreciation of the Chinese yuan is not necessarily a good thing. What we hope for most is a relatively stable exchange rate, for example, the Chinese yuan may depreciate by 2%, but in all of our importing countries, the depreciation may far exceed our range. Therefore, overall, customers are in a wait-and-see or demand price reductions. “At the fabric exhibition hall of Zhejiang Blue Dream Textile Co., Ltd., Wan Xiaoguo, the company’s deputy general manager of sales, analyzed the current situation facing foreign trade to reporters.

As a senior enterprise engaged in foreign trade export business for more than ten years, Blue Dream Textile not only assesses the situation, but also plans ahead.

A year ago, this was a barren land called No. 9 Dayan Road; One year later, both sides were already covered with factories. On one side is Tangchuang Clothing’s denim fabric production line, with 180 weaving machines already in place. On the other side is Tangchuang Clothing’s talent apartment and finished fabric clothing production line, which will be used for extending the industrial chain in the future.

What is the relationship between the early layout of Blue Dream Textile and Tang Chuang Clothing?
They are brother companies with two brands and one team.

The Tangchuang Clothing Construction Site, located across the street from Blue Dream Textile, is the future venue for Blue Dream’s denim processing, clothing design, and manufacturing. It is planned to be put into use before the end of the year.

Extension of Intelligent Manufacturing Industry

Blue Dream Textile and Tangchuang Clothing not only focus on the progress of extending the industrial chain, but also reflect in the intelligent transformation of existing machinery and equipment in new and old factories. As one of the first pilot enterprises in Lanxi, the progress of intelligent transformation is currently impressive.

At present, the entire fabric production line has been connected, with 180 weaving machines installed and all data collection equipment in use. The old factory Blue Dream has also been connected to this side. Now we are cooperating with Lanxi Huashu, “said Hu Jianfen, Deputy General Manager of Zhejiang Blue Dream Textile Co., Ltd.

Zhejiang Lanzhimeng Textile Co., Ltd., as a key export-oriented enterprise in Lanxi, has an annual output of 28 million meters of denim fabrics, involving nine series of more than 2000 kinds of medium and high grade denim fabrics, including pure cotton, cotton polyester, slub, different support, elasticity, mercerizing, and coating. Its products are mainly exported to more than 50 countries and regions in Southeast Asia, Italy, Türkiye, Russia, and so on. From January to July this year, the sales revenue of denim fabric was 230 million yuan, with an output value of 280 million yuan, an increase of 32% compared to the same period last year.

Chief reporter/Lin Jianchao reporter/Jiang Jing, Hu Zhiwei

Editor/Edited by Zhao Qian/Edited by Chen Chan