XN000022-1977-09-09 — Page 9

FRIDAY, SEPTEMBER 9, 1977

LADY MACLEHOSE TO VISIT TEXTILE FACTORY

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LADY MACLEHOSE WILL PAY A VISIT TO THE NANYANG COTTON MILL LTD. IN KWUN TONG ON MONDAY (SEPTEMBER 12).

SHE WILL BE ACCOMPANIED ON THE VISIT BY THE ACTING PRINCIPAL TRADE OFFICER, TRADE INDUSTRY AND CUSTOMS DEPARTMENT, MR. NICHOLAS YEK.

LADY MACLEHOSE WILL BE MET ON ARRIVAL AT THE FACTORY BY THE MANAGING DIRECTOR MR. Y.C. WANG, THE DIRECTOR AND GENERAL MANAGER, MR. H.C. YUNG, AND THE DIRECTOR AND MANAGER, MR. LINCOLN YUNG.

NANYANG COTTON MILL EMPLOYS MORE THAN 1,600 WORKERS, AND PRODUCES A WIDE RANGE OF YARNS AND FABRICS OF PURE COTTON, POLYESTER/COTTON AND POLYESTER/VISCOSE BLENDS. LIGHT AND HEAVY WEIGHT FABRICS SUCH AS SHIRTINGS, RAINCOATS, TROUSER INGS, AND WORK-WEAR FABRICS ARE SOME OF THE MAIN PRODUCTS.

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THE COMPANY'S MAIN MARKETS ARE THE UNITED STATES, BRITAIN, AUSTRALIA AND EUROPE.

HONG KONG'S SPINNING AND WEAVING INDUSTRY EMPLOYS MORE THAN 52,000 WORKERS, REPRESENTING ABOUT SEVEN PER CENT OF THE LOCAL MANUFACTURING LABOUR FORCE. THE INDUSTRY'S TOTAL EXPORTS AMOUNTED TO MORE THAN $3,000 MILLION IN 1976, OR ABOUT NINE PER CENT OF HONG KONG'S DOMESTIC EXPORTS.

IN THE FIRST SIX MONTHS OF THIS YEAR, ITS EXPORTS WERE VALUED AT $1,246 MILLION - 17 PER CENT LESS THAN LAST YEAR.

THE SPINNING SECTOR, COMPRISING 70 FACTORIES WITH A WORK FORCE OF OVER 22,000 IN MARCH 1977, IS EQUIPPED WITH OVER 890,000 SPINDLES. IN 1976, THIS SECTOR PRODUCED OVER 500

MILLION POUNDS OF COTTON, MAN-MADE FIBRE, WOOLLEN, COTTON BLENDED AND WOOLLEN BLENDED YARNS. THE VOLUME OF PRODUCTION IN THE FIRST QUARTER OF THIS YEAR WAS 106 MILLION POUNDS. REPRESENTING A DROP OF 17 PER CENT OVER THE SAME QUARTER LAST YEAR.

NOTE TO EDITORS:

YOU ARE CORDIALLY INVITED TO SEND YOUR REPRESENTATIVE TO COVER THE VISIT WHICH WILL TAKE PLACE AT 10 A.M. ON MONDAY (SEPTEMBER 12), AT THE NANYANG COTTON MILL LTD., AT NO.57 HUNG TO ROAD, KWUN TONG, KOWLOON. THE VISIT IS EXPECTED TO LAST ONE HOUR.

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