On July 16, 2024, A purchase agreement has been reached between Rieter and Shanghai Digital Intelligence World Industrial Technology Group Co., Ltd. (DIW) for over 700 Autoconer X6 winding machines from the company. In Rieter China’s history, this is the largest order. The two businesses’ strategic relationship, which aspires to create cutting-edge spinning processes and reach previously unheard-of levels of quality, productivity, and efficiency, is further strengthened by the agreement.
More than 700 Rieter Autoconer X6 winding machines have been ordered by DIW. The winding machine is essential to the success of the following process steps and acts as the last line of quality control in the ring and compact spinning processes. With its exceptional output, clever process automation, and superior in the market, the Autoconer X6 is well known for its splicing and winding quality. By accelerating its expansion plan in the cotton spinning industry and strengthening its vertical integration of operations, the order will help DIW further solidify its leadership position in international markets.
This order comes after the first batch that was placed in March 2024, the month that Rieter and DIW announced their first strategic alliance to create automated and digitally enabled intelligent yarn manufacturing technology that reduces conversion costs and optimizes value for clients.
“This partnership is a win-win for both companies,” states Liu Yifang, Vice Chairman of Shanghai Digital Intelligence World Industrial Technology Group Co., Ltd. We are creating some of the most sophisticated spinning processes in the world with our vertically integrated manufacturing operations, which will put us in a prime position to grow in this sector. Together, we will increase DIW’s overall operational effectiveness and establish the company as a significant participant in the cotton spinning industry.
“With its high-performance winding machines, Rieter will help DIW meet its steadily growing demand and requirements for higher operational efficiency,” states Michael Hubensteiner, Country Managing Director, Rieter China. Rieter and DIW will be able to work together for a long time and steadily thanks to the renewed cooperation, which will also highlight our shared capabilities.
