Zhejiang'S Application For Listing Three New Boards Officially Approved By The National Stock Pfer System

May 17th, yesterday, focused on high-end brands.

Zhejiang produced by tie

Limited by Share Ltd's application for listing the new third board was officially approved by the national stock pfer system.

Its announcement shows that the company's securities are referred to as "Ya Shi Lin" and the stock code is 837420, and the company's shares are publicly listed on the national stock pfer system today.

Reporters learned that the company is mainly engaged in OEM production and export business of high-end brand shirts and vests, providing clothing OEM production services for overseas famous brand clothing enterprises such as BRIOMILANO.LLC, YESSAHCLOTHINGLTD and BARKERSCLOTHINGLTD. Its products are mainly exported to North America, new West, Israel and other countries.

Based on the financial data of the company's financial indicators, the billion dollar power network learned from its public pfer instructions that its operating income in 2013, 2014 and 2015 1-9 was about 30 million 174 thousand and 800 yuan, 28 million 338 thousand and 600 yuan and 24 million 19 thousand and 600 yuan respectively, with net profit of -17.41 yuan, 386 thousand and 200 yuan and 1 million 892 thousand and 600 yuan respectively.

It is understood that after the listing, the direct competitors include YOUNGOR, Ningbo Shanshan stock and other enterprises.

Compared to its strength, the billion power network understands that from gross profit margins, although the gross profit margin of the 3 years has continued to rise, it still does not exceed 20% gross profit as of September 2015.

Although YOUNGOR's gross profit has continued to decline in the past 3 years, its gross profit margin has reached 35% as of September 2015.

The company also said it had a big gap with the two companies in terms of their design capabilities, industrial chain integration, brand operation and popularity.

In addition, it is worth noting that in the past 3 years, the turnover rate of receivables has been slowed down considerably.

First, the company gives long-term cooperative and stable customers certain credit policy, accounts receivable increased considerably; the two is affected by the international garment export industry downturn, some customers slow down.

Regarding the future business development of the company after its listing, he said in a notice that the next step is to carry out the production and sale of non iron shirts, and gradually develop the design, production and sale of the shirts and vest of the brand.

At the same time, for investors, the company also warned that the company's business was affected by macroeconomic fluctuations, raw material price fluctuations, exchange rate fluctuations, export rebate rate fluctuations and other reasons.