Established in 1997 and listed on the Hong Kong Stock Exchange since 2004, Texhong Textile Group Limited specializes in producing core-spun yarn
and textile products.
The Group is principally engaged in the production and distribution of quality yarn, grey fabrics and garment fabrics, especially of high value-added core-spun yarn
. Since established, the Group has grown rapidly and has over 3,000 customers in China and overseas, with its sales network spanning across the China, Japan, Turkey, Brazil, South Korea and Bangladesh.
A core-spun yarn is "a structure composed of a separable core surrounded by fiber and suitable for use as a yarn".
The core spun yarn can be extended to the point where the non-elastic cover yarn is stretched to its limit, thus resisting further extension of the core-spun yarn .
Positive rating factors include its good niche market presence with a 25% slice of domestic core-spun yarn
segment, healthy cash flow, financial discipline, better operating efficiency relative to peers and steady growth in Vietnam, the service added.
Mainly applied in mid-end to high-end yarn dyed/worsted fabric, the product was launched by Dow in China in 2004, after which Texhong developed XLA cotton core-spun yarn
and elastic gray fabric.
The Core-spun yarns
made with dualFX(r) technology by LYCRA(r) brand require a precise insertion.