A purchase contract was signed on July 16, 2024, between Rieter along with Shanghai Digital Intelligence World Industrial Technology Group Co., Ltd. (DIW) for over 700 Autoconer X6 winding machines. In Rieter China’s history, this is the largest order. This agreement further strengthens the two businesses’ strategic relationship, which aspires to create cutting-edge spinning operations and reach previously unheard-of levels of quality, productivity, and efficiency.
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 productivity, smart automation of processes, and superior quality of winding and splicing, the Autoconer X6 is well-known in the industry. 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 yarn manufacturing technology that significantly reduces conversion costs and optimizes value for clients.
Additionally, Liu Yifang, Vice Chairman, Shanghai Digital Intelligence World Industrial Technology Group Co., Ltd., says: “This partnership is a win-win for both companies. With our vertically integrated manufacturing operations, we are building some of the world’s most advanced spinning operations which will ideally position us for growth in this industry. Together we will further enhance the overall operational efficiency of DIW, creating a major player in cotton spinning.”
Besides, Michael Hubensteiner, Country Managing Director Rieter China, says: “With its high-performance winding machines, Rieter will help DIW meet its steadily growing demand and requirements for higher operational efficiency. The renewed cooperation will further amplify our shared strengths, position us to capture growth opportunities together and enable long-term and stable cooperation between Rieter and DIW.”
