With the joint efforts of all employees of the company, Rifa Textile Machinery has established a good reputation and credibility in the market. In order to make full use of the huge intangible assets of Rifa Textile Machinery, Zhejiang Rifa Twisting Equipment Co., Ltd. was successfully renamed "Zhejiang Rifa Textile Machinery Co., Ltd." on April 22. 

Rifa Twisting Company was established in January 2002. After one year of development, it has achieved good performance. In 2002, the Twisting Company completed sales revenue of more than 150 million yuan, with a profit of over 10 million yuan. In 2003, the development trend of the twisting company was also ideal. The smooth renaming of the twisting company this time creates good conditions for the company to effectively utilize various resources and lays a foundation for the company's better development.