Jihua Group Develops Strategic Cooperation With Donghua To Build An Innovation System For Civil Military Integration Industry

Jihua Group is accelerating pformation from manufacturing to manufacturing service industry and modern service industry, and further making excellent manufacturing industry and strengthening service industry.

According to the announcement on July 3rd evening, the company signed a strategic cooperation agreement with Donghua University at its headquarters. The two sides established a long-term, close and win-win strategic partnership in the field of military supplies in accordance with industry university research cooperation and civil military integration, so as to achieve technological advance development and application in the field of cooperation, resource information sharing, resource optimization and common development.

The two sides will take "Limited by Share Ltd innovation research center of Limited by Share Ltd Research Institute of Jihua Group" and "Textile Science and technology innovation center of Donghua University" as a cooperative innovation platform to create an innovation system of civil military integration industry.

The cooperation between the group and Donghua University is 5 years from the date of signing the agreement. By 2023, the cooperation between the two sides mainly includes:

1, based on the cooperation between the two sides, we will jointly plan and promote the establishment of a military civilian integration operation system in the field of military supplies, implement the demonstration project of civil military integration in the field of military supplies, and implement the core technology to effectively support the two direction construction and achievement pformation of the armed forces.

2, research and development of key technologies for special functional materials.

The two sides have developed special functional materials such as stealth, camouflage, flame retardancy, antistatic, thermal insulation, waterproof, antibacterial, electromagnetic shielding, and so on.

3, carry out research and development of key technologies for safety protection materials.

The two sides have cooperated in developing high-performance fiber materials such as carbon fiber, aramid fiber, high strength and high modulus polyethylene and so on to prepare bulletproof protective products, such as bulletproof, biochemical and radiation protection.

4, research and development of key technologies for intelligent material preparation.

The two sides have developed intelligent intelligent sensors, such as intelligent sensing, intelligent response, intelligent temperature regulation, etc., with the application of DB integrated system and emergency rescue system as support, and deepened the extensive application of the two directions of the army and the people.

5, develop the design system of DB integrated system application.

The two sides have collaborate in the construction and operation of general products, such as general munitions, smart wearable, clothing and clothing, footwear, functional protective products and special protective equipment, based on ergonomics and digital design.

6, carry out requirement demonstration, performance evaluation and standard research.

The two sides cooperate to carry out demonstration, special function evaluation and related standards research in materials, textile and clothing, footwear, special equipment and other fields.

7, research on intelligent manufacturing, equipment and production technology.

The two sides have collaborated in the fields of materials, textiles, clothing, footwear and special equipment in the fields of intelligent manufacturing, key equipment and manufacturing technology.

Jihua Group said that the signing of the strategic cooperation agreement is in line with the development needs of the company. The company and Donghua University have established an intention cooperation relationship on the basis of complementary advantages, mutual benefits and common development. Business cooperation under the conditions of laws and regulations is conducive to the long-term development of the company.

The cooperation between Jihua Group and Donghua University is based on the combination of military and civilian integration and production and research, which is conducive to the development of special functional materials, safety protection materials, intelligent materials and emergency rescue systems. It plays an important role in the company's research on the entity construction of the General Institute and the development of the market in the field of emergency rescue.

Donghua University is the only 211 key construction university with fiber material and textile characteristics directly under the Ministry of education. Textile Science and engineering are selected as the first class disciplines in the country. Materials science is a national key discipline, and has the capability of design, R & D, analysis and evaluation of complete textile materials and composite functional materials.

Public information shows that in the history of the group, the munitions production system was integrated, and the company has been occupying munitions in recent years.

The market share of about 70% of the market is the production and support base of Chinese army and armed police Quartermaster products. It is the main supplier of 14 uniform clothing departments such as public security and law enforcement. It is also one of the few production bases facing the international munitions market in China.

At present, China International Group mainly engaged in R & D, production and sales of professional clothing, professional footwear, leather leather shoes, textile printing and dyeing, protection equipment, brand clothing and other products, and carried out business logistics business based on domestic and international trade, and vigorously expanded the business service business based on the International Chinese garden.

The reporter learned that the China group is accelerating the pformation and upgrading of manufacturing from manufacturing to service and modern service industries, and further making excellent manufacturing and strong service industries.

The main highlights of the future include:

1), JH1912's terminal network construction: B2C mode, create own brand JH1912, world famous designer design, company's subordinate enterprise production, online and offline synchronization promotion, plan to build network platform, and open offline stores under the same line, JH1912 brand plan will set up 500 Direct stores in the future.

2), Huayuan Construction: Huayuan garden is a series of projects focused on the "13th Five-Year" period.

Sports entertainment, international fashion brand shopping, tourism holiday, leisure, special dining as one of the new life experience center, including shopping, indoor extreme sports, hotels, restaurants, entertainment and other formats.

According to the insiders, the main sources of performance of the group include operating profit + assets disposal + government subsidy three yuan, and the total profit has maintained steady growth. Analysis shows that its operating profit mainly comes from the sale of military products and civilian products.

In recent years, influenced by the tendering policy, the profit space of military products has been suppressed. The disposal of assets is mainly from the land. The companies are all over the country and have abundant land resources. According to the local government planning and enterprise development needs, the comprehensive utilization of urban land resources can be carried out; moreover, the government subsidy has not fluctuated in the past two years.

According to the financial report, in 2017, the group achieved 25 billion 440 million yuan of revenue, 6.32% less than in 2016.

The main reasons are: in addition to the increase in operating income of the protective clothing business unit, business clothing, textile printing and dyeing, professional footwear, leather shoes, trade and other businesses have been reduced to varying degrees.

In 2017, the total profit of INTERCHINA group was 1 billion 52 million yuan, 36.25% lower than that in 2016, operating profit 99 million yuan, 89.29% lower than 2016, net profit attributable to shareholders of listed companies was 755 million yuan, 38.26% lower than last year, and realized basic earnings per share of 0.18 yuan, down 43.75% over the same period last year.

The main reason is: according to the company's own land development plan, the old plant area has not been disposed of during the reporting period, and the income of assets disposal has decreased by 1 billion 58 million yuan over the same period.

Jihua Group is a group holding company. Its main production and operation are concentrated in subsidiaries.

By the end of 2017, there were 78 wholly owned and holding subsidiaries.

Jihua Group said that the company will continue to strengthen resources co-ordination and play a cohesive force.

Relying on the Ministry of industry, we will further integrate the two resources of the industry, region and domestic and abroad.

We should speed up the pace of integration, expand the scale effect and enhance the resultant force of overall development.

At the same time, around the main business, we should vigorously promote strong links and supplement chains, accelerate the pace of pformation and upgrading, and provide strong support for sustainable development.