Affected by the Trade disputes between China and the United States in 2019, the downward economic trend has impacted the entire textile industry. As a company serving the spinning industry, Sobone has also been severely influenced. When orders are not saturated in the second half of 2019, Sobone continuously optimizes its product line and team management through various measures to strengthen product quality and improve its core competitiveness.
At the 19th International Exhibition on Textile Industry (ShanghaiTex 2019) in November 2019, Sobone exhibited the auto doffing robot again. As the leader in developing auto doffing robot and putting it on the market, the total market share and the breadth of the market distribution is far ahead. Compared with similar products, our robot performance is more stable and excellent, attracting a large number of new and old customers to visit.
Our auto doffing robot came into being under the background of expensive labor and difficult recruitment. Many years of good reputation has accumulated a lot of potential customers for us. Recently, the situation in the entire textile industry has stabilized, and market confidence has recovered. It also allowed more companies to dispel their concerns. After the ShanghaiTex 2019 in November, our auto doffing robot order came a small climax. In December, more than 70 auto doffing robots orders were received (including more than 800,000 spindles for auxiliary parts transformation), with a total sales of about 20 million yuan (around 3 million US dollars).
Go through the cold winter of the textile industry in 2019 and look forward to a warmer spring in 2020. We also look forward to the situation of this wave of orders at the end of 2019 to lead Sobone in 2020, soaring all the way!
