Ningbo Cixing Co., Ltd. (“Cixing”), a global leader in knitting machinery and technology, successfully hosted the ‘Cixing Bangladesh Night Products Promotion Meeting’ at the Radisson Blu Dhaka Water Garden on Tuesday.
The event brought together key industry stakeholders, including the owners and executives of over 300 influential sweater production companies in Bangladesh.
BGMEA Fashion Technology University (BUFT), the well-known fashion school in Bangladesh, also attended to jointly explore co-operation in high-end talent in the field of knitting industry.
In a significant move towards developing future talent, Cixing also signed series of cooperation agreements with local famous companies, including BSKL and Cixing, Knit Asia and Cixing, Bettex and Cixing, NEXUS and Cixing, TWELVETEX and Cixing, and SWEATERTECH and Cixing, which marks a new chapter in the cooperative relationship.
A captivating grand fashion show to release the latest work of the Cixing sweater design team, showcasing Cixing's products, technology, and unique industrial advantages, underlining its potential to revolutionize the local industry and establishling deeper and long-term partnerships with new and old customers,.
Frank Sun, Chairman of Ningbo Cixing Group, delivered a speech, saying that as the world's leading provider of intelligent knitting equipment and digital knitting factory solutions, Cixing Group has been committed to promoting innovation and development in the knitting industry.
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“We attach great importance to research and development work, with an average annual R&D investment of over 12 million US dollars in recent years to ensure the company's sustainable development. Our technology, products, and services have spread all over the world. In 2023 nearly 30,000 units has been sold. Sales in 2024 are expected to be 40,000 units. Up to now, the global market share of Cixing products has risen to almost 30% with about 300,000 units in operation around the world,” Sun said.
“The chairman stressed that Bangladesh, as a major manufacturing hub for the global clothing industry, has always been our focus of attention,” said Sun, adding that “We believes that through our joint efforts, we can bring revolutionary changes to Bangladesh's textile industry, enhance industrial competitiveness, create more job opportunities, and contribute to Bangladesh's economic development.”
Cixing’s efforts underscore a shared vision for innovation and excellence in knitwear production, marking a new chapter of cooperation and development for Bangladesh’s textile industry.