The Children'S Clothing Faucet Hit 20 Million To Rebuild The Production Line, Nissan 300 Thousand Masks And 5000 Protective Clothing.

Another famous clothing brand joined in the category of re production and epidemic prevention materials.

The local children's clothing brand of the whole category of professional children -- starting Limited by Share Ltd (hereinafter referred to as "starting shares") announced that the wholly owned subsidiary of Zhejiang started children's products Co., Ltd. (hereinafter referred to as "start child") changed its business scope, and added "research and development, production and sales of medical protective clothing such as medical protective clothing, medical mask, medical goggles, medical isolating clothing, medical shoe covers".

It is understood that the initial industrial base in Qingtian has more than 60 thousand square meters of standard factory buildings and supporting R & D office buildings. Through 20 to 30 days, it can quickly transform the dust-free workshop to meet the production of medical products. At present, the initial shares are allocated 20 million yuan fund to fully protect the implementation of the medical protective equipment project. It is estimated that after the project is completed and put into operation, the daily production of medical protective clothing will be 4000-5000, and the average daily medical masks are 200 thousand -30 10000, and it is expected that production and operation can start at the end of February 2020.

Since the outbreak of the new crown pneumonia, demand for respirators, medical protective clothing and disinfectant wipes has increased rapidly. The leading non-woven products industry is engaged in the production of related products and raw materials, and the supply of production guarantee products has been restored.

Orient Securities analyst Liu Enyang said that at present, the country is at the critical moment of epidemic prevention and control. From a practical point of view, there is a shortage of protective products in various localities, and all localities have intensified efforts to purchase protective products such as gloves and respirators, and the relevant protective production enterprises are in an overloaded production state at present, with sufficient orders, and relevant enterprises are expected to benefit directly. In addition, due to the surge in domestic demand, the supply of protective products such as masks and gloves is also relatively tight in overseas markets.

In the long run, the strategic position of protective products is expected to further improve. Liu Enyang further pointed out that in the past, the market believed that the barriers to low value consumables were low, and the profit margins were relatively low, which did not give enough attention. After the outbreak, the market is expected to re recognize the protective products. Gloves, masks and other products are expected to become national strategic reserves in the future. At the same time, with the help of the epidemic situation, residents have further improved the usage habits of products such as protective products, gloves and respirators, and the protection related production enterprises are expected to continue to benefit.

Public information shows that the initial stock was founded in 2009, is a well-known brand operator in the domestic children's industry, mainly engaged in the design, research, development, production and sale of children's shoes, children's clothing and children's clothing accessories. It is committed to providing 3-13 year olds with all kinds of clothing products. The company's "ABCKIDS" is a well-known brand of children's clothing in China. Children's clothing products include T-shirts, trousers, sweaters, skirts, jackets, down garments, etc. children's shoes include sports shoes, leather shoes, cloth shoes and so on.

According to the statistics of EuromonitorPassport database, the top 10 brand market share of Chinese children's shoes market was 15.20% in 2018. ABCKIDS is a leading brand in China's children's shoes market. In 2018, the market share of ABCKIDS reached 3.6%, ranking first in the children's shoes market. In 2018, the top 10 brands in China's children's wear market share was 10.90%. In recent years, ABCKIDS has performed well in the children's wear market, with a market share of 0.5%, ranking seventh in the children's wear market.

According to the financial report, in the first three quarters of 2019, the starting share realized business income of 1 billion 60 million yuan, an increase of 14.04% over the same period last year, and the net profit attributable to shareholders of listed companies was 151 million yuan, an increase of 2.46% over the same period last year. As of the first three quarters of 2019, the number of terminal stores reached 2441, of which 23 were direct stores, and the operating income was 17 million 547 thousand and 100 yuan during the reporting period. The gross profit margin was 47.73%, 2418 stores were sold, and the operating income was 318 million yuan during the reporting period.