Since 2020, the epidemic of New Coronary Pneumonia has spread globally. The industry is facing huge environmental pressure and systemic risks. Both ends of the industry's supply and demand have experienced unprecedented impacts.

1. Production scale down

The starting load of the textile industry is gradually recovering, but affected by the epidemic, the capacity utilization rate is lower than normal.

2. Declining domestic and external market demand

Since the outbreak, the domestic sales of textile and apparel products have declined significantly.

3. Investment scale has shrunk dramatically

Under the influence of the epidemic, companies in the industry generally lack investment confidence and ability, and the scale of investment has shrunk significantly.

4. Economic benefits have deteriorated significantly

In the case of severely insufficient demand and a sharp decline in production and sales, textile companies' revenue and profits have shrunk dramatically.

DEZTE is a registered trademark of Jiaxing Shengbang Technology Co., Ltd., Beijing Shengbang Xinyuan Chemical Fiber Machinery Co., Ltd., and Jiaxing Shengbang Machinery Equipment Co., Ltd. It can be applied in the fields of yarn, fabrics, clothing, home textiles, accessories, etc. The development and production of special yarns is the company's core technology.

Creating really special silk thread is the goal that Shengbang will always pursue. In the kingdom of Shengbang, there are various experimental and pilot equipments prepared for the birth of new yarns, from polymerization to spinning, to drafting, to texturing, many of which are independently developed by Shengbang. In addition to being a product, DEZTE fiber and Gentex DEZTE fabric are more platforms for innovation and design.