Zhejiang'S Official List Of New Three Boards, YOUNGOR

Yesterday, the Zhejiang elegant forest clothing Limited by Share Ltd, which focused on the production of high-end brand shirts and neckties, applied for listing.

It 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.

It is understood that

The OEM production and export business of shirts and vests provide clothing OEM production services for overseas famous brand clothing enterprises such as BRIOMILANO.LLC, YESSAHCLOTHINGLTD and BARKERSCLOTHINGLTD. The products are mainly exported to North America, New Zealand, Israel and other countries.

About its financial data, the reporter learned from its public pfer instructions that the operating income of 2013, 2014, and 1-9 months in 2015 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 about -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.

On the strength of its comparison, the reporter learned that, judging from gross profit margin, although the gross margin of the past 3 years has continued to rise, but as of September 2015, its gross profit is still not more than 20%.

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; two is international.

In the recession, some customers have slowed 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.