Saurer & DIW sign multi-million EUR collaboration pact

On March 7, 2024, Saurer and Shanghai Digital Intelligence World Industrial Technology Group Co., Ltd. (DIW) sealed a collaboration pact for over a 1.2-billion yuan top-tier textile machinery venture (153 million EUR).

During the signing ceremony, Liu Yiming, the President of DIW, elucidated that DIW has established four major intelligent industrial parks, focusing on Ne 32 and Ne 40 yarn production. DIW aims to create the most extensive single-variety production model in China and globally, utilizing digital technology to bolster traditional industries.

Liu Yiming stated, "We selected Saurer for its leading global status in intelligent spinning equipment and full process solutions. Saurer's products boast efficient, stable, and reliable performance, offering  a precise management foundation for customer factories through digital technology applications. The extensive application scenarios, reliable equipment, open digital system support, and shared vision for modernizing the traditional cotton textile industry foster deeper collaboration between DIW and Saurer. 
Looking ahead, we aspire to leverage this collaboration to merge resources, delve into digital technology integration with textile machinery, drive industry innovation, and elevate China's textile sector, aiding in modern industrial system development."

Pan Xueping, Chairman of Saurer and Jinsheng, commended DIW as an industry trendsetter, revolutionising the sector with a comprehensive  finance, technology, and industry approach. Saurer and DIW have a solid partnership, pioneering spinning operations and enhancing product control, digitization, efficiency, and profitability.

Saurer, an innovator in high-end textile machinery, prioritises intelligence, digitization, sustainability, and globalization, leading the textile industry's transformation.

 This venture aims to establish a complete industrial chain from cotton supply to high-end yarn production. 

According to the signing ceremony, DiW will purchase spinning equipment worth a total of 1.2 billion yuan (153 million EUR) from Saurer to support the development of its spinning projects. The equipment will include Saurer's blowing carding, roving. as well as ring spinning machines.

Media Relations

Claudia Feurstein
Corporate Communication
         Jack Pan
President of Saurer China
Saurer Intelligent Technology AG 
Textilstrasse 9 
9230 Arbon, Switzerland
   Saurer (Shanghai) Textile Machinery Technology Co.,Ltd
Floor 21, Tower C, The PLACE, 150 Zunyi Road
Shanghai 200051, China