There are market and operational factors, as well as the impact of the epidemic

There are market and operational factors, as well as the impact of the epidemic. Fujian and Zhejiang were the least impacted by the lockdown policy throughout the year. Only the concentrated infection after the relaxing of the epidemic prevention policy at the end of the year had a certain impact on production, and the peak period of infection was relatively slower than other regions, which was close to New Year's Day and the Spring Festival. In addition, due to the relatively stable production, although Chinse yarn mills have reduced production this year, the sales pressure of rayon yarn mills in Fujian and Zhejiang is greater. Fortunately, there was a wave of large-scale sales in Zhejiang at the end of the year to ease the inventory pressure. However, Fujian-based mills are suffering serious losses.