Ruyi Group's Semi Annual Net Profit Rose 74.95% To 50 Million 551 Thousand And 400 Yuan.

Ruyi group (000626) (002193.SZ) issued its semi annual report in 2019 to achieve a business income of 598 million yuan, an increase of 2.14% over the previous year, a net profit of 50 million 551 thousand and 400 yuan attributable to shareholders of listed companies, an increase of 74.95% over the same period; net profit attributable to shareholders of listed companies excluding non recurring gains and losses was 36 million 487 thousand and 600 yuan, an increase of 215.20% over the same period; and basic earnings per share of 0.19 yuan.

During the reporting period, under the joint efforts of the board of directors, management and staff, the company adheres to the policy of "high-end positioning and quality strategy" and implements high quality development strategy around the policy objectives and business plans, giving full play to the synergy effect of textile intelligent manufacturing and fashion brand industry chain, reducing the gap between product design and innovation ability and the leading international enterprises, innovating operation, production and technology research and development, and realizing the transformation and upgrading of traditional manufacturing to service oriented manufacturing. The company adheres to the strategy of big customers, optimizes the layout of the business, adjusts the product mix, and vigorously develops high-end customers, strictly controls product quality, strengthens cost control, and achieves steady growth in business performance. During the reporting period, the completion of the key work of the company is as follows:

1, carry out the transformation of new and old kinetic energy, and carry out intelligent upgrading. The traditional large volume rigid production will turn to a multi product and small batch flexible and efficient production mode, which can not only meet the needs of mass production, but also meet the needs of customization, and lay a solid foundation for the transformation and upgrading of Internet + service manufacturing.

2, create smart stores and create new retail models. Use AI and big data analysis to create a new retail mode combining entertainment, experience and shopping. From the 6 directions of attracting customers into stores, information supplement, experience enhancement, payment evaluation, data collection and system tools, the stores are optimized and improved. At the same time, the smart store has realized the customized design of yarn fabric intelligent design system, clothing smart selection system, from shop to factory, and realized the traditional retail of technology and big data.

3, smart factories join hands with fashion show to reproduce the new fashion. Successfully held the world's first thousand person factory reality show "2019 Ruyi Zhi business fashion conference", a new trend of Chinese business fashion, attracting more than 300 leading domestic and foreign textile industry leaders, guests and important customers gathered in the company Intelligent factory, fully demonstrating the fashion and wisdom and wisdom.

4, set up the "fashion designer innovation center" to design the elite for the company. Relying on the advantages of the group, integrate designer resources, sign famous designers, implement personalized product strategy, improve product profitability, and boost high quality development.

5, to participate in China International fabric design competition, 1 products "tannin new solution" won the best Creative Award for pattern design; 3 products won forty-first Awards (2020 spring and summer).