International Cooperation Breakthrough, Jialin Jie 2018 Textile Business To Achieve Growth

On the evening of March 27th, Shanghai Jialin Jie textile Limited by Share Ltd (002486.SZ, hereinafter referred to as Jialin Jie) published 2018 annual report that the company achieved annual business income of 879 million yuan. In the end of 2017, when the number of subsidiaries was sold, the total income was basically the same as that of the same period last year, and the net profit of excluding the non recurring gains and losses attributable to shareholders of listed companies was about 13 million yuan.

Meanwhile, during the reporting period, the cooperation with icebreaker, UNIQLO, POLARTEC and other international brands went smoothly, the volume of orders grew steadily, and the customer structure was optimized.

Jia Linjie is a research and development, design, production and distributor of high-end outdoor sports functional fabrics in Shanghai. It provides functional fabrics and clothing products for many internationally famous outdoor sports brands.

After years of development and accumulation, the company has established a solid position in the field of functional fabrics in the outdoor professional sports market.

The annual report shows that the international financial environment is generally showing a downturn in 2018, and Jialin Jie's textile business is still developing steadily.

The company continued to deepen its cooperation with the famous high-end fabric brand, the US POLARTEC, and its sales increased by about 18.62% over the previous year.

At the same time, the company maintained good cooperation with one of the famous brands, UNIQLO, and made substantial breakthroughs in the Fleece product line in 2018. The number of orders for wool sports products increased.

On the other hand, Jialin Jie also attaches great importance to the protection of investors' rights and interests.

In the 2018 capital market downturn, Jialin Jie still paid in advance the company's outstanding principal and interest, showing a highly responsible attitude towards investors.

At the same time of steady growth, Jialin Jie also focuses on promoting green development and sustainable development, attaches great importance to the energy saving and emission reduction and cleaner production in the printing and dyeing links and continues to invest.

During the reporting period, the company became the first batch of enterprises in Shanghai to get the pollutant discharge license, and became the first batch of the six enterprises that were approved by the Ministry of industry and information in line with the "printing and dyeing industry standard conditions", so that the company achieved comprehensive, coordinated and sustainable development.