The figure is around 1/5 to 1/3 of the total. This mainly depends on the production technology. It is notable that Foshan Nanhai Hongxinghong Weaving Co., Ltd. has been decreasing the proportion regarding the cost of material to the total figure. When the business was just founded, the proportion was much larger. This is because at that time, the technology in the whole industry was backward. Having developed for so many years, our technology is mature and we can control the cost of cotton spandex denim fabric well. We also import advanced production equipment to increase the output while reducing the input. This also makes results. We are sure that the cost would be further reduced in the near future, in the context that the industry is developing rapidly and our company is leading the industry development.

With years of development, Hongxinghong Denim Fabric has become an expert in the manufacturing of lightweight denim material. We have earned years of production experience in the industry. According to the material, Hongxinghong Denim Fabric's products are divided into several categories, and colored denim fabric is one of them. Hongxinghong Denim Fabric bull denim upholstery fabric is precisely designed using leading edge technology in line with the current market trends. Compared to other textiles that are not recyclable, this product is recyclable and good for the environment. Users will feel comfortable all night long with the breathable fabric of this product, which really feels like sleeping on a cloud. Compared to other textiles that are not recyclable, this product is recyclable and good for the environment.

Our company assumes social responsibility. We are now working on incorporating ESG elements into management / strategy and improving the way we disclose ESG information to our stakeholders.