Anhui Rifa Textile Machinery Co., Ltd. is a wholly-owned subsidiary of Zhejiang Rifa Textile Machinery Co., Ltd. Located at the Contract Industrial Shift Demonstration Park in Ma’anshan, Anhui Province; it was register in May, 2013, with the registered capital of 50 million RMB.
The project of Smart Textile Equipment R&D and Manufacturing Base undertaken by the company covers a total planning area of 600 mu, with a total investment of RMB 1.8 billion. It is a key project for investment promotion for implementing Plan of Industry Transfer Demonstration Zone of Wanjiang City Belt issued by the State Council.
The project was officially completed and put into operation on March.12th, 2015. With the sale revenue broken through 100 million RMB in the first year, it is estimated to raise the number to 1 billion RMB after the full completion of the whole project, which will increase 500 jobs. Meanwhile, the project will actively invite suppliers from upper and lower streams, to create a whole production line of textile machinery, and build the largest industrial base for smart textile machinery at Yangtze River basin region.