Recently, Aksu Textile and Garment Industry Development Fund Co., Ltd. (hereinafter referred to as “Aksu Textile and Garment Fund”) completed fund registration with the China Securities Investment Fund Industry Association. This marks the successful raising of the first market-oriented parent fund for the textile and garment industry in our region, with a fund scale of 1 billion yuan.
It is understood that the Aksu Textile and Garment Fund was initiated and established by Aksu Area Green Industrial Development Co., Ltd., with Xinjiang New Kinetic Equity Investment Management Co., Ltd. serving as the manager. This is also the first corporate industrial fund in Xinjiang. The establishment of the fund reflects the Aksu regional government’s advanced concept of using funds to guide industrial development. It is also a useful exploration made by the Aksu region in optimizing the business environment and developing the economy.
Xu Bin, the investment director of Xinjiang New Kinetic Equity Investment Management Co., Ltd., the fund manager, said that the fund will attract social capital in a market-oriented manner, not only to attract capital, but also to attract technology, enterprises and Talent, effectively play the role of government guidance funds, use market-oriented means such as reinvestment and profit sharing, give play to the leading and integrating role of industrial guidance funds in the textile and clothing industry, and optimize the textile and clothing industry in Aksu region Structure, strengthen weaving, extend printing and dyeing, and optimize home textiles and clothing; focus on introducing polyester fiber, high-end printing and dyeing and other intermediate industries, and accelerate the construction of a textile and clothing industry cluster with a full industrial chain, outstanding characteristics, and sustainable development , and play a leading role in accelerating the development of the textile and garment industry in the autonomous region.
It is understood that the Aksu region is one of the largest main cotton producing areas in the country, a national high-quality commodity cotton base, and a key area for the development layout of Xinjiang’s textile and garment industry. It relies on its unique cotton resources and the central location advantages of southern Xinjiang to build Xinjiang The capital city of the textile and apparel industry is the core and promotes the development of the regional textile and apparel industry. AksuTextile Industry City (Development Zone), as the first city in the textile and garment industry in Xinjiang, has the foundation to lead the integrated development of the textile and garment industry in Xinjiang.
Industry insiders said that with the successful establishment of the Aksu Textile and Garment Fund, the Aksu region will use the industrial fund as a starting point to strengthen the textile industry cluster in the Aksu region, leverage more superior resources in the clothing field to gather in Xinjiang, and promote the economy of the entire Aksu region Achieve rapid and stable development.
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