【Entrepreneurial Story Collection】Shi Yiche: Cross-Border Transformation, Leading with "Intelligent" Manufacturing—The Ascending Path of Power Win

"Only by forging ahead can we embrace the tides of our times."In the smart workshop of Anhui Power Win New Material Technology Co., Ltd., located in Yingshang Economic Development Zone, high-speed looms hum and whirl, transforming recycled polyester filaments into premium fabrics. Despite the vast production floor, only a handful of workers are present—yet the efficiency far surpasses that of traditional factories.

At the helm stands Chairman Shi Yiche, an entrepreneur who successfully bridged the construction and textile industries. In just six years, he has propelled it into a 500-million-yuan advanced materials powerhouse, now recognized as a benchmark for industrial transformation.

Shi Yiche's entrepreneurial journey began in 2001. After seven to eight years navigating the construction industry, widespread payment defaults (commonly called "triangular debts") prompted his pivot into the unfamiliar textile sector. His strategic acquisition of a struggling state-owned textile enterprise in Xuzhou, Jiangsu marked this decisive transition.

"The company was mired in continuous losses, but we achieved profitability within the first year of takeover." By 2009, Shi's substantial investments in technological upgrades and brand building revitalized the operation. His exceptional management earned him recognition as "Top Ten Outstanding Entrepreneur" in Peixian Economic Development Zone.

As technological advancements flooded the market with synthetic fiber variants, their inherent lack of natural fabric comfort became apparent. This gap propelled functional textiles—featuring antimicrobial, flame-retardant, and odor-neutralizing properties—into industry prominence with expansive market potential.

Recognizing this shift, Shi targeted Yingshang County, a regional leader in textile digitalization. In 2019, it emerged as the embodiment of this strategic vision within Yingshang Economic Development Zone.

Operational intelligent false-twist texturing machine

"This industry thrives on cutthroat competition and rapid technological evolution — stagnation is not an option." Under his leadership, the company has sustained significant R&D investment, accumulating 23 utility model patents and contributing to national industry standards development.

In 2022, Shi Yiche made a strategic pivot: the launch of an intelligent polyester filament project. By early 2024, Phase II commenced operations — featuring smart weaving systems and a 100,000-ton capacity recycled solution-dyed fiber production line.

The digital transformation yielded measurable gains: 30% surge in workshop productivity; 98% first-pass yield rate; Daily output reaching 50 tons of yarn and 400,000 meters of fabric. This technological leap has effectively rewritten conventional textile manufacturing paradigms.

The entrepreneurial journey is never without obstacles. In May 2022, it faced its most severe challenge since inception—a liquidity crisis that threatened to cripple operations. At this critical juncture, the Yingshang Economic Development Zone stepped in with decisive support.

"We secured 10.5 million yuan in industrial park-financed loans within just 10 days." This timely and targeted assistance not only resolved the immediate cash flow crisis but also injected vital momentum for future growth.

This watershed intervention became the turning point for it's remarkable turnaround. Today, the company stands as a manufacturing pillar of the development zone, earning a 2023 spot among "Yingshang County's Top 10 Private Manufacturers by Tax Contribution." Shi Yiche himself was honored as a "High-Level Innovation and Entrepreneurship Leader" in Fuyang City for his exceptional achievements.

"Industrial innovation drives progress, and strategic vision fuels confidence." In recent years, Shi has championed circular economy initiatives through subsidiary Power Win—transforming recycled PET plastic bottles into premium solution-dyed polyester filaments and greige fabrics, establishing an efficient plastic upcycling ecosystem.

"Green fiber innovations represent the future of sustainable industry," declares Shi Yiche, as he spearheads the development of East China's most comprehensive recycled materials supply chain. Upon reaching full production capacity, the operation will yield 180 million meters of advanced technical textiles annually, while stimulating doubled output across upstream and downstream partners.

The Yingshang Economic Development Zone now exemplifies textbook industrial clustering. With Power Win serving as the anchor supplier, local apparel manufacturers integrate it's high-performance fabrics directly into their production lines—eliminating interregional logistics costs and establishing a hyper-efficient manufacturing ecosystem.

Within these state-of-the-art smart factories, where advanced machinery hums with precision, Shi's vision materializes: A revolutionary textile paradigm that harmonizes cutting-edge innovation, environmental stewardship, and technological leadership is transforming from blueprint to reality—thread by transformative thread.