Shanghai Textile Group's "Global Purchase" Also Has A Share.

Tong Jisheng, the party secretary and chairman of Shanghai Textile Group, said that in the next five years, Shanghai textile will invest 10 billion yuan in global acquisitions, and form a global layout with "African resources, designed by Europe and America, manufactured in Asia and Latin America, integrated by China, and sold to the whole world". Trader Transformation to supply chain integrators.

Shanghai Textile Group has a total assets of 20 billion 600 million yuan and a net assets of 5 billion 660 million yuan. Its two listed companies, Shenda and Shenzhen, have three guns, conch, chrysanthemum and other brands, and 21 units engaged in foreign trade export.

In addition to selling products, Shanghai Textile Group plans to extend its industrial chain to overseas. In Africa, Sultan is rich in land resources, abundant in lighting and water resources. Shanghai textile is the largest textile industry in Sultan, which is the largest cotton growing, textile dyeing and clothing, home textile processing and logistics trade base overseas.

The whole park started construction in the second half of last year, and invested $1 billion in advance. The first batch will be harvested next year. cotton And the output of 50 thousand spindles will be expanded to 300 thousand ingots through the spinning plant at the base. At the same time, the garments made here will also mainly serve the African market.

At the level of product promotion and design, the Shanghai fashion week of Shanghai textile has signed strategic cooperation with Italy Milan fashion week and London Fashion Week this year to further promote the internationalization of its own fashion industry in cooperation with more overseas designers. The company's president, Zhu Yong, has said that in the new round of reform and development of state owned enterprises, the development goal of the textile group is to adhere to the strategy of "technology and fashion". Through 3 to 5 years' efforts, it has become a world-renowned and China's largest comprehensive textile and garment trade multinational.

In the upstream, in addition to the establishment of raw material producing areas, Shanghai textile Also in the trading link layout, the company and the Xinjiang Construction Corps jointly established the Shanghai international cotton trading center in August. In November this year, the group also built a bonded cold storage with Copenhagen fur in Shanghai Pudong. In the manufacturing sector, Shanghai textile also set up a number of low-cost manufacturing bases in Burma, Kampuchea and Bangladesh, forming 4 million sets of garment processing capacity and 600 thousand pieces of inspection products per year, and plans to double again in the next 5 years.

In terms of brand, Shanghai textile is also completing its product layout through global acquisitions. Last February, the company acquired a 50% stake in Metropol, a Danish fashion brand. In July this year, the company acquired a sweater enterprise in Hongkong area, which has an annual output of 25 million pieces, and more than 80% of its products are sold to famous brand retailers and large department stores in Europe and the United States. Next, Shanghai textile will also buy European and American automotive textile production and sales companies.